$PLTR Palantir Tape Reports
Per Ticker.id: $PLTR Palantir Tape Reports — 183 podcast mentions across 28 podcasts (30 days), latest 2026-08-27 00:00 UTC.
Stig Brodersen: It is a divisive company, I would say, but also a very popular company, especially in the investment circles. And I know you and Kyle looked at SpaceX not too long ago, and surprise, surprise, that company is far away from being a value play and therefore not the type of company that we want to invest in. And I thought it might be the same for today's pitch, which maybe we should say it is Palantir. And please don't get me wrong, Palantir is not a value play, but when I started my research, I did it thinking in the back of my mind, at least I might need to abort and look for another company because there's just no sense in pitching it. But that wasn't the case. I actually found myself pretty excited about the opportunity. Just a year ago, Palantir traded at twice the multiple with half the growth rate and That has completely shifted now. And again, that doesn't make it a value play, but for everyone who loves high-quality companies, as most of us do, and is a generally curious person, I think you should listen to this. I think you'll be positively surprised by today's pitch.
Daniel Mahncke — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27Yeah, maybe I'll be one of them. Just like you, I never looked at Palantir thinking it was way too expensive anyway. But if you're intrigued by it, then I'm ready to get into it.
Preston Pysh — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27So where do you want to start? Personally, I think I could use a brief explanation of what exactly Palantir does. I can't really say I have a good idea of what they do. It's a very enigmatic company.
Preston Pysh — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27Yeah. If you want a ticket, you can just go to intrinsicvalueconference.com. That's another way to do it. All right, let's get back to Palantir. So what do they actually do and what do they sell?
Preston Pysh — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27Yeah, it's kind of complicated. So what Palantir sells is a software layer that sits on top of all the 5 systems that we talked before, right? And then, you know, to just stay with the airline, they will tell you where's the airplane, where's the part that you need, where's the crew, where are the passengers, and the connections between all of those. And they call it things. So all of these things are now connected on what you sort of can imagine as a map. And crucially, the software also knows who is allowed to do certain things. So rebook a passenger, assign a different crew, route an aircraft somewhere else. So you can imagine it as looking at this map that knows everything that's happening in real time. That's what, you know, Palantir calls the ontology. And you might think, well, isn't this just a database? Because that's what came to my mind first. But the difference is that what Palantir builds is not only facts, so, you know, the plane's tail number, for example, or passenger seat, but also the relationship and the actions between all of these things that I mentioned. So Palantir's system knows that passenger X is on this particular airplane, which needs this particular part, which is fitted by this particular crew. That's how you can imagine it. And it also knows that rebooking is an action that exists. So who is permitted to approve it? They know that. And what else has to happen when it does. So the combination of all of these things is what Palantir calls an ontology. And the ontology is what we'll talk about today quite often. So again, if you just have to have something in mind, think of a map that has everything that you could imagine on it and basically knows who is who and what is somebody allowed to do so it's easier to communicate.
Daniel Mahncke — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27Yeah. So basically you have this all-knowing map or ontology layer as they refer to it. That always basically knows what's going on and what has to happen next and who can make that happen. And so, gosh, it reminds me of something that would be part of a Hollywood movie, like some action movie where the lead roles are out there in the field fighting the bad guys, and then there's this control center that always knows exactly what's going on and is feeding them advice. That's what I think of when I think of Palantir.
Preston Pysh — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27That's probably not that far off, especially when you think about the surveillance and defense work and I'll get back to that and explain it in more detail and how it all works. But I think we should also take a quick detour and talk about the history of the company because that's quite interesting as well. So Palantir was founded in 2003 by Peter Thiel, Alex Karp, who is also the current CEO, Joey Lonsdale, Stephen Cohen, and Nathan Gettings. And the idea actually goes back to one of our favorite companies of all time, PayPal. And I say that somewhat ironically because we lost some money on that bet. Obviously, Peter Thiel also founded that company PayPal, and he repeatedly had problems with fraud. As you can imagine, it's a payment provider. There are a lot of people who want to take advantage of that. And the fix he eventually came up with was that, you know, you could have a mix of software which could sort of surface suspicious patterns by going through a ton of data, and then you have a judgment call of a human that is still at the end. And it's at least then the most accurate thing that you could do. And then something happened in the US, and that was 9/11. And it became clear that US agencies generally had all the information they needed to stop the attack from happening, but the information was scattered across different agencies that couldn't bring it all together in time. Again, going back to this ontology idea, they had all the information, but it was not on one map. They didn't know who can communicate to who. And that was the idea. And that's why, and also how Peter Thiel got the idea for Palantir. Because he thought, what if you could build a system that connects all of these fragmented, seemingly unrelated data points to map out hidden criminal behavior similar to what he did with PayPal, just on a whole nother scale.
Daniel Mahncke — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27Do you know why Peter Thiel isn't the CEO of Palantir or why he didn't want to be CEO? Because as far as I know, he chose Alex Karp early on to run the business and he's taken on more of a fundraiser and advisory role, but he also owns the largest individual stake in Palantir. About 4% and Alex Karp holds 2.5%. So he has the most skin in the game of anyone.
Preston Pysh — The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network · TIP841: Palantir – Palantir is Cheaper than I Thought! w/ Daniel Mahncke & Shawn O’Malley · 2026-08-27