저자: TickerSymbolYOU채널진행자Alex · 외국인
요약 보기
팔란티어가 암호화폐용 Foundry 툴을 출시했다고 설명하며, 크로스체인 분석·KYC/AML 등 기능을 소개한다. 여러 산업(모터스포츠, 식품, 스포츠 미디어)으로의 사용 사례 확장을 근거로 장기 낙관론을 펴며, 팔란티어가 기업가치 1조 달러(현재 대비 약 20배)에 도달할 수 있다고 주장한다. 자신의 10만 달러 포트폴리오에서 팔란티어를 상위 종목으로 편입할 계획을 밝힌다.
다듬은 글
Wow. Every time I think I have a good handle on Palantir, they come out with big news that makes me appreciate the company in a whole different way and makes me even more bullish on the stock. In case you didn't know, Palantir has quickly become one of ARK Invest's biggest holdings, weighing in at well over 850 million dollars across all of their funds combined.
Palantir is still just one of two stocks to be in all six ARK Invest funds that are actively managed by Cathie Wood, with the other being UiPath, ticker symbol P A T H, which is another stock I definitely need to do a better job updating you on. My goal with these updates is to share this information with you before it gets priced into the stock, which I really believe is going to happen faster and faster for Palantir, as more institutions stop thinking of it as a meme stock and begin understanding what the company actually does.
Your time is valuable, so let's get right into this huge Palantir news. Palantir has announced Foundry for Cryptocurrencies. Just take a step back and think about what is going on at a high level here, as an investor. Cryptocurrencies are still largely misunderstood by the market, even informed market participants like you and me.
Most financial institutions still won't touch it, most governments are giving it a bad rap, and most private companies getting involved with the crypto market are met with harsh resistance, like Facebook with their Diem project. In my opinion, Palantir stepping up and creating tools within Foundry just for crypto says a lot about the future acceptance and widespread adoption of crypto.
And of course, it says a lot about the flexibility and power of Palantir and the Foundry platform. Here's what the Foundry for Crypto offering entails. Let's start with cross-chain analytics. Palantir Foundry is cross-chain agnostic and automatically integrates transaction and smart contract data from different mainchains to enable rich analytics with low or no code, all the way back to the genesis block.
If that sounds like a bunch of meaningless buzzwords to you, no problem. Let's work through it together. Different cryptocurrencies can exist on different blockchains, for example, the ethereum network or binance smart chain or a lot of others. Blocks are basically digital containers where transaction data on that network are permanently recorded.
So you can think of a block as kind of like one page in an infinite record book. The book itself is a blockchain. Once the next line is written in the book, it can never be changed or removed, which is one reason that blockchain technology is considered to be so secure. Since there are different books, or blockchains, Palantir's solution needs to be able to read any of them and be able to work with all of that data, going back to the very first word on the first page of that book, which is called the genesis block.
Okay, if you think of blockchains like books that grow with every transaction, then dApps, or decentralized applications, are just apps that do something on that blockchain. Just like regular apps that you use every day, there are all sorts of dApps, including games and finance apps. When you hear about DeFi, or Decentralized Finance, those are finance-related apps running on a blockchain instead of on a centralized set of internet servers.
Well, whatever kind of business we're talking about, they're going to need business intelligence tools to visualize what's going on at a high level, including data dashboards to keep track of important stats like sales volumes, transactions, returns, technical issues, and so on. Seeing the stats on all of these things allows business leaders to make decisions like where to focus resources to grow, where their user traffic is coming from, how their current products or services are doing, what kind of new products would make sense to launch, and even where their potential risks are so they can take actions to mitigate them ahead of time.
This is just as true for on-chain businesses running dApps as it is for online businesses running apps, like the ones you already use on your phone or computer every day. And just like you already know about online games that want you to spend money and online banking apps and mobile wallets, you know that fraud is a big risk for any business.
So, Palantir Foundry powers multi-factor Know Your Customer and Anti-Money Laundering solutions across fiat and cryptocurrencies to detect complex patterns of fraud with robust case management capabilities and low false-positive rates. Again, let's just break it down at a high level. When you spend money in a game, you're converting dollars into a different currency.
Roblox has Robux. Fornite has V-bucks. World of Warcraft has gold. Sometimes, these gaming companies have a separate currency or credit system at the store level too. So, in the case of digital games, fraud can happen involving dollars, exchanging dollars to store credits, spending store credits, spending store credits on something in a game, exchanging store credits for in-game currency, or somehow fraudulently spending that in-game currency.
And if you can figure out how to trick the system at any one of these layers, you can extract real money because they're all connected. Not that I would know anything about that personally [gulp] So, Palantir can help businesses build up case files based on these complex patterns of fraudulent activity and help flag potential fraud without getting it wrong too often.
Instead of the digital store currencies and in-game currencies I just mentioned, this piece of Palantir's Foundry works with digital cryptocurrencies and the fiat currencies you can exchange them for. I'm sure the nuances are different but I'm just trying to show you that as an investor, at a high level, you really can understand most of what's going on with Foundry, even with a crazy new application like cryptocurrency, by a company the media always claims is shrouded in secrecy.
I think it's easy for the mainstream media to point at a company that has a lot of work with the government, like Palantir, say it's a spooky and secretive company, and use that as an excuse to not really try and understand all the parts we can and do see. So, if you're interested in learning more about the different parts of Palantir, I've put all my content explaining it in one convenient playlist for you.
I'll leave a link to that in the top right-hand corner of your screen and in the description below. Also, comment below or tweet me at Ticker Symbol YOU with your thoughts on Palantir supporting cryptocurrencies. Does that surprise you, given the government's current stance on crypto and your own sentiment about it?
Did you see this coming? What do you think are some other future use-cases that we could see Foundry support? I'm excited to hear your thoughts. As for me, I think that it actually makes a lot of sense for Palantir to get into cryptocurrency because anti-money laundering and financial fraud detection is actually how Palantir got started in the first place.
If you didn't know, Peter Thiel spun Palantir out from PayPal's anti-fraud technologies around the time when PayPal got sold to eBay in the early 2000s. They realized that the same techniques that help people track online fraud could be used to stop terrorism and other forms of bad activity. That's what I think a lot of Palantir's different applications have in common.
They build a deep understanding of what normal activity looks like and then accurately detect activity that looks abnormal. So, Foundry for Crypto just extends that tool kit to cryptocurrency, which brings me to the heart of my bull thesis on Palantir: This isn't just about cryptocurrency. In my previous update on Palantir, I said this: [clip start 12:54] [As for me, I think investors and analysts aren't really seeing the forest for the trees with these news items.
Palantir is going to add blockchain-focused use-cases to their Foundry platform thanks to Elementus. If they can handle that, I'm hard-pressed to think of a use-case they can't handle.] The reason I said that was because Palantir made a press release about the second cohort of companies to join the Foundry for Builders program, and we saw a blockchain analytics company called Elementus on the list.
Like I said at the start of this episode, these news items are changing my investment thesis on Palantir because they're showing me the commercial use-cases that Palantir is choosing to support, which could give us hints about future capabilities inside Foundry, just like this one for Crypto. So, if we look at the rest of this list, guess what we find: a digital media company focused on streaming and promoting sports and a digital nutrition and food buying marketplace, neither of which are listed on the offerings page for Palantir Foundry today.
We know Palantir has an Auto Racing offering because of their partnership with Ferrari's Formula 1 team. That auto racing offering allows Ferrari engineers to look at the digital twin of their car to run race simulations, analyze sub-systems to avoid part failures, and make real-time decisions during actual races, all without having to learn to code.
That Auto Racing offering for Foundry is probably going to lead to a more generalized set of tools focused on transportation and connected vehicles thanks to their partnership with WeJo, a company that runs a data platform for securing, accessing, and sharing connected vehicle data at a global level.
But maybe the sports part of auto racing with Ferrari combined with what they learn from working with the European Cricket Network could also lead to more real-time video or media analytics tools inside Foundry. Likewise, maybe now that Foodsmart is a part of the Foundry for builders program, combined with the existing Health and Life Sciences offerings within Foundry, Palantir could add tools specifically for food and nutrition.
This sort of flexibility in terms of use cases gives Palantir a huge total addressable market. Every time they partner with a new type of company, we as investors need to be thinking about how this extends Palantir's out-of-the-box capabilities, which makes it easier for them to partner with other similar companies in the future.
Combine that with their crazy focus on privacy, permissions, and security, and they can get entrenched very deep in every company that uses them. Getting more and more clients every year and growing your relationship with each existing client is how you achieve exponential growth. Every time I read news of Palantir working with new TYPES of companies, I'm more and more confident that Palantir will hit a trillion-dollar valuation in the future, which is roughly a 20 X from here.
By the way, I'm not the only Alex with crazy hair who thinks that. Here's a quick clip from an interview with Alex Karp, that Palantir released on October 15th: [Alex Karp Interview 0:20] Wait, can he say that? I'm just kidding. I think. Anyway, on the date of that interview, Palantir was sitting at around a 48 billion dollar market cap.
20 times that would be 960 billion dollars. I think it's just a matter of when. I'm not saying that Palantir will be a trillion-dollar company tomorrow but I am starting to think it could happen in the next decade, which would be a 35% compound annual growth rate over the next ten years. It doesn't sound so crazy when I say it that way, does it?
That's why Palantir is going to have a top spot in the 100,000 dollar portfolio I'm opening on Public dot com when this channel hits 100,000 subscribers. I know, I know. You're on the edge of your seat! I'm building that portfolio from scratch to compete directly with ARKK, ARK Invest's flagship innovation fund, which also holds a lot of Palantir stock.
I hope to run this investing project for the next 5 years, which is ARK Invest's time horizon, or as long as it takes for me to admit defeat. If you're interested in jumping on that wild ride with me, consider liking this video and subscribing to the channel with all notifications turned on. That way, you'll be the first to know when I come out with more coverage like this, as well as exactly what I'm putting in that portfolio each month.
I'm actually already starting to build my positions in a few companies right now, including Palantir. So, if you'd like access to those trades as they happen instead of waiting for my monthly portfolio update, consider supporting the channel as a Patron on Patreon or channel member right here on YouTube.
Your support makes this channel and all of these investment projects possible... and that means the world to me. AND, whether you're looking for a new home for your own portfolio or you just want to support the channel, you can go to public dot com slash ticker symbol you and you'll receive a free slice of stock worth up to $70 when you fund your account.
Public dot com has no account minimum to get started, so that's a win-win if I've ever heard one. I'll leave a link to that exclusive offer for you in the description below as well. Thanks for watching and until next time, this is Ticker Symbol You. My name is Alex, reminding you that the best investment you can make... is in you.
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