Palantir CEO Alex Karp is sick and tired of his critics. That much is clear. But during the Yahoo Finance Invest Conference Thursday, he escalated his counteroffensive, aimed squarely at analysts, journalists, and political commentators who have long attacked the company as a symbol of an encroaching surveillance state, or as overvalued.

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[–] 2 points 1 year ago (3 children)

There is a workaround to the moral problem like hedging with CFD, because you don't technically own shares and thus not funding companies you dislike, you are simply betting on whether the company's share price will either go up or down. But as mentioned, it is leveraged and therefore betting and gambling. There is also holding fees which eats away at the profits in CFD.

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  • [–] 3 points 1 year ago (2 children)

    Yeah the more complicated and "gamble-y" it gets the less interested I am.

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  • [–] 1 point 1 year ago (1 child)

    Depending how one looks at it, even normal investing can be considered gambling. But at the very least, investing is not leveraged, and it is surer and more calculated risk than sports or race gambling. The latter is fixed because of behind the scenes corruption; but with investing, it's more regulated and so long as you invest in trustworthy companies, it'll be fine.

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