It’s hard to evaluate a deal on your own, and that’s a big reason Ticker Tape exists. The best example is Palantir. For two years, people told Tom we should invest in it. His answer was always the same: he didn’t understand the business or how it would make money.
When Palantir announced it was going public through a direct listing, we decided someone must understand it, and we invested. We made about three times our money, not a bad deal. But if we’d invested two years earlier, with someone who had the background to help evaluate it, we would have gotten in at a much lower price and made a much bigger return.
Key points
- For two years, TTI passed on Palantir because the business was hard to understand.
- TTI invested once the direct listing was announced and made about 3x.
- Earlier expert help could have meant a lower entry price and a bigger return.
Accredited investors: learn about current opportunities at tickertapeinvestments.com.
