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My Palantir Regret
By The Pecunia  •  December 1, 2024
Investing is more than numbers and strategies—it’s a journey of self-discovery. After several years in the market, I believed I had learned to navigate volatility with a steady hand. Yet, my experience with Palantir Technologies (PLTR) taught me that I, like most investors, do fall prey to emotions from time to time. Hope and Hype: My Initital Bet When I first bought Palantir at $27.959 per share [100 shares total] in February 2021, I was convinced I was investing in the future. The company had just gone public in September 2020, and its rapid ascent to $45 per share by early 2021 seemed to confirm my belief in its potential. Palantir wasn’t just another tech stock; it felt like a visionary company that could redefine data analytics. I saw it as a long-term play, a cornerstone of my portfolio that I could hold through ups and downs. Fear and Doubt: The Downward Spiral Then 2022 happened. As the Federal Reserve’s tightening policies reshaped the tech landscape...
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By The Pecunia
Investing is laying out money now to get more money back in the future. - Warren Buffet That’s exactly what I’ve been trying to do since October 2018, putting money away now so that I and my wife will have more money for our retirement.
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