Joel
@growthrapidly
Long-term growth investor | Real-time buys, adds & options trades for subscribers | NFA
435 Following 27.1K Followers
Here's how much Michael Burry could have made if he had invested $10 million in $PLTR instead of betting against it.
Palantir went public in September 2020 at around $10 per share.
Had Burry invested $10,000,000 at that price and held until today, with $PLTR trading at $208.55, his investment would now be worth:
$208,550,000.
That's nearly $200 MILLION in profit in just six years.
Instead, Burry became known for betting against Palantir.
Sometimes the biggest money isn't made by shorting great companies. It's made by owning them.
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