Palantir’s Gold Purchase Signals a Positive Turning Point
Palantir’s purchase of gold sets the company apart from competitors Q2 2021 hedge fund letters, conferences and more Editor’s note: This article was updated on Aug. 31, 2021, to correct a typo in the worth of the gold Palantir bought. When I wrote about Palantir (NASDAQ:PLTR) on July 27, I was skeptical of its future stock performance. This was largely based on the massive employee stock compensation they offer workers. The practice is highly dilutive to existing PLTR stock holders and will put a damper on near- to mid-term opportunities to generate meaningful earnings per share. “Themes are g...