Short Position on Palantir Due to Overstated Earnings

2 months ago

Joseph Carlson

"I haven't owned Nvidia and I've never owned Palunteer. So, these are all companies that I'm not in currently and they're ones that I don't plan to get in in the future."

The speaker outlines a clear portfolio decision influenced by Michael Burry's strategy to short companies that he believes benefit from overstated earnings through extended depreciation schedules. The emphasis is on avoiding positions in Palantir, converting the misspelling to Palantir (ticker PLTR), and reflecting a bearish stance based on fundamental accounting concerns and potential near-term catalysts.

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