Macro Notes

Macro Notes

How a controversial data analytics company delivered 1,166% returns in 5 years, and what investors need to know before jumping in

Nov 12, 2025
∙ Paid

“I love the idea of getting a drone and having light fentanyl-laced urine spraying on analysts that tried to screw us.”

That’s not a villain from a Christopher Nolan movie.

That’s Alex Karp, the billionaire CEO of Palantir Technologies, on an earnings call. You know, the kind of call where most CEOs robotically read prepared statements about “operational efficiency” and “shareholder value.”

But Alex Karp? The guy with a PhD in philosophy who runs his company from a commune in New Hampshire? He’s different.

“Instead of going into every meeting saying, ‘Oh, yes, Palantir is great, but their fearless leader is batshit crazy, and he might go off to his commune in New Hampshire,’ it’s now like, yes, the products are best, and we have great products.”

Let me paint you a picture.

It’s November 2025. Palantir just reported earnings that absolutely crushed expectations.

The stock is up 1,166% over five years.

That’s not a typo.

If you invested $1,000 when they went public, you’re sitting on $12,657 today.

And while other CEOs are thanking shareholders and talking about “synergies,” Karp is literally telling his critics to grab popcorn and watch them cry on television.

“Please turn on the conventional television and see how unhappy those that didn’t invest in us are. Enjoy, get some popcorn, they’re crying.”

This is Palantir.

A company named after the all-seeing orbs from Lord of the Rings. A company that helps track immigrants for ICE.

A company that assists military operations.

A company worth more than Salesforce and Adobe combined.

And it’s led by a man who once said the “Palantir degree is definitely more important than any kind of Ivy League degree.”

Today, we’re delivering the most comprehensive analysis of Palantir you’ll ever read – covering the numbers, the vision, the development prospects, the market dynamics, and the psychology of its leader.

We’re here to help you understand if this is the opportunity of a lifetime... or if Palantir has already peaked and you’re too late to the party.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 Macro Notes · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture