Fatboy👼🏽Magic

@dbongino Massie rent free….right now

Q&A Time: Did Tom Massie ever accept the invite to be briefed about the cases he was bloviating about on X, when given multiple opportunities? (Jeopardy Sounder🎵) No, of course he didn’t. He prefers rage bait and litigating criminal matters on X for “clout.” Ask him if you’re bored. He chose to be stupid. Fact. 💯

@dbongino @EdGallrein This you right now announcing that interview 👇 Jesus, read the room big tard

Massie is the Biggest FRAUD in DC. Interview with his primary opponent @EdGallrein today 👇 rumble.com/v77wyhe-the-bi…

@dbongino …..this you, wishing everyone a great day? asking for a friend (adult, non pedo friend)

Tom Massie is a shameless fraud. Thanks, and have a great day.

@HouseGOP is there an end game i.e. 3D chess or why we sending the most ret@rded to interview a clearly non-ret@rded….also hold a law degree? 😂🤷🏽‍♂️

Europe's reaction to a world war they're finally not directly involved in

@stevenfiorillo @michaeljburry Pls explain $PLTR IP like I’m a ret@rded 🦮

Dear Dr. Burry, @michaeljburry I read your analysis on Palantir $PLTR and while I respect your analytical rigor, I believe your thesis has a fundamental misunderstanding of Palantir's business model. Throughout your paper you selectively use evidence that is no longer relevant and overlooks critical aspects of Palantir’s business model. As one of the original Palantir bulls I have written 35 articles on Palantir since the beginning of 2021 and downgraded my viewpoint from very bullish to neutral in the Fall of 2024 due to the valuation. I won’t argue that PLTR has an expensive valuation because it does based on the financials on a TTM methodology. For me the major flaw is that your paper focuses on many aspects that hold zero relevance in 2026 as screenshots from the S-1 filed in 2020 are being used for what Foundry and Gotham look like rather than looking at what the business is doing today and making a fair assessment. You devoted a significant amount of time focusing on marketing overreach regarding GhostNet and the Bin Laden raid. Whether Palantir's marketing was aggressive in 2009-2011 is opinion based and can’t be proven as factual. It also doesn’t provide any insights as to whether the software works in 2026 or whether the company deserves its current valuation. I believe citing an anonymous former forward development engineer (FDE) that claims “the long standing policy from legal was that Palantir employees can make outlandish claims verbally but never put any details in writing" isn’t relevant. You’re presenting this as a fact yet its unverified and basically hearsay. If this was the corporate policy from Palantir unwritten or written one could expect a pattern of lawsuits and/or regulatory actions to have occurred. I couldn’t find any, did you? I also believe you’re overplaying the i2 settlement for $10 million to corroborate your belief about Palantir. In business disputes especially around corporate IP settle regularly. A settlement does not prove guilt and the fact that Palantir paid to make it go away given the strategic value of the CIA contract that was at stake could be nothing more than a business decision so the contract didn’t get derailed. A main point of the paper is that Palantir is a consulting firm masquerading as a software company. One of your primary reasons is that the FDE cost is allocated toward PLTR’s research and development (R&D) line item rather than being against the cost of goods and services (COGS). This reflects a complete misunderstanding of what Palantir actually does. Traditional consulting firms and I will use the ones that you cited (Accenture and Deloitte) sell labor. When companies hire consultants from these companies whether it is for financial planning and analysis (FP&A) roles or for a team of people to deploy software, companies are buying hired labor from Accenture or Deloitte. The consultants hired from Accenture and Deloitte configure other companies software and leave or finish an engagement in the financial department and leave. The client owns the configuration or the end product if it is a financial analysis being performed and the consulting agency (Accenture and Deloitte) owns nothing that is reusable. Palantir sells software with a services heavy implementation. Palantir’s FDE’s customize Palantir's software using Palantir's platform. The ontology, the pipelines and the integrations accrues to Palantir's IP and can be templatized and reused in future deployments. This is why Palantir’s FDE costs can be allocated toward R&D as each deployment improves the core platform. Your proposed reclassification to match Accenture's accounting regarding where Palantir’s FDE costs are allocated toward are flawed. Palantir's software generates leverage while Accenture’s labor does not. I’m curious, did you look at where implementation and customer success engineering costs are allocated for Microsoft's Azure, Salesforce, and Snowflake? Are they able to classify them as R&D costs when those engineers contribute to product development? Asking for a friend. What could be the largest flaw in the paper is the notion that Palantir’s business model is broken because the net dollar retention (NDR) fell from 131% to 107% before rebounding. You seemed to omit critical context as the declining NDR in 2022 and 2023 coincided with macro IT budget costs across technology departments and Palantir's deliberate pivot from government to commercial customers. The recover to what is now 139% up from 134% in Q3 included rapid expansion in Bootcamp cohorts and U.S. commercial revenue growing 64% YoY in 2024 then 137% YoY in 2025. This isn’t SPAC circular revenue, these are primarily Fortune 500 companies with real budgets. I believe the point of your article was to justify your puts as you provided five scenario’s as to what shares of Palantir could be worth based on financial metrics plugged into a three stage dividend discount model with buyback and dilution modifiers. It’s no secret that I have struggled with Palantir’s valuation for some time but each quarter makes it harder and harder to argue. The market is forward looking and your article for the most part is fixated on aspects of the company that are now nothing more than historical facts from an S1 filing and things that FDE’s may or may not have said that can’t be verified. These are the facts about Palantir today. In 2025 Palantir signed 680 deals worth $1 million or more of which 292 were for at least $5 million and 187 were for at least $10 million. This is critical because Palantir now has a NDR of 139% and none of the 680 deals are included in this number as they don’t include deals signed in the TTM. This puts Palantir in a strong position going forward as there is a lot of potential revenue expansion from these deals that could allow Palantir to exceed expectations. Palantir gained 209 commercial clients (36.6%) YoY and 34 government clients (24.29%) YoY. U.S. revenue increased 75% YoY to $3.32 billion while U.S. commercial revenue increased 109% YoY and U.S. government revenue increased 55% YoY. Palantir increased their annualized revenue by 56.24% YoY to $4.48 billion and guided for their revenue in 2026 to come in between $7.182 - $7.198 billion which would be an increase of 60.48% on the low end and 60.83% on the high end. Palantir is coming off a 56.24% YoY increase in revenue and they are projecting continued acceleration. Can shares of Palantir continues to go lower, absolutely just like any stock could but your focusing on irrelevant aspects of their history rather than the current business metrics. Palantir generated $2.1 billion in free cash flow ((FCF)) in 2025 which is a 46.94% margin. The Street is expecting them to grow revenue by 62.24% in 2026, 39.64% in 2027 then by 41.93% in 2028. This would put their 2028 revenue at $14.39 billion which is 221.54% (9.92 billion) larger than where it is today. If the FCF stays at the same rate of 46.94% they would generate $6.75 billion of FCF. Today PLTR trades at 149.03 times FCF and if they produce $6.75 billion of FCF in 2028 they would trade at 46.35 times 2028 FCF. That’s not crazy for a high growth software company. When I model out what Palantir’s revenue and FCF could look like over the next 10 years (give me some rope as I do not have a crystal ball) Palantir looks to grow into the current valuation and starts to look inexpensive around the 2029 numbers. Your puts are paying off well and I am happy for you. I don’t think anyone is that surprised that shares of Palantir are pulling back considering the valuation was getting very expensive compared to other software companies. My criticism isn’t in your thoughts that Palantir’s valuation was overdone which created an opportunity to capitalize on purchasing puts to generate alpha as I agreed with you on Palantir’s valuation when it was around the $200 level. My criticism is that most of the 10,000 words you wrote weren’t relevant to the investment thesis regarding Palantir. I also found it odd that your post on 2/15 indicates “Please read yourselves before coming to any conclusions. I also post on the Notes section on Substack and anyone can see those” yet the article is behind a paywall on Substack. Why not just put the article on X? I am also surprised that you would block people who disagree with your viewpoint. If you would like to have a conversation regarding Palantir considering we both share a viewpoint that it is expensive in the short term I would be more than happy to block off time.

No clue WTF is he referring to? I found this guy at whatever sporting event that is….”Coop” “Lou”! 😂🤦🏽‍♂️🤷🏽‍♂️

@RepJackKimble This def you right now…..!👇 🤷🏽‍♂️ Also pls fill us is in- WTF do you mean? that’s apparently a thing, which sport????….crowd yelling “Coop” “Lou”! That’s weird AF tbh!

The crowd at the Olympics was not booing JD Vance. If you’ve ever been at a sporting event where they yell Coop or Lou it sounds very similar. They were yelling JD.

@ryQuant @Strategy Agreed 👌History has generally been a shitty indicator of the future! more often than now - just unreliable + uncorrelated

Other than @Strategy, there is no known repeat buyer of bitcoin, in size. This is a 1 horse race. If bitcoin is to succeed and outperform equities (QQQ) for decades to come, than $MSTR will disproportionately benefit from this outcome. The pain of the past 12 months is that, the opposite has happened. However comma, the past 12 months is an independent variable to what the next 2 decades can look like. Consider the implications of power & optionality for @Strategy as a 1st, and Last mover advantage.

@GrantCardone quick question + off topic but WTF puts AUM in Twitter Bio? is that a thing….also when do you update? is it real-time? MtM? kinda like it 🤯😍🤷🏽‍♂️

Cardone Capital adds BTC at $72,000. For those who wanted a lower price, now you have it, let’s see if you follow through. For those who think it’s going to zero, you’re a little closer, now just have to wait and see. 😂

@Rajatsoni so basically anyone in the world can get started right away 🤷🏽‍♂️ even the 3rd world ugly/ poor have some type of currency asset, bank account and free wifi….poor should def F that real estate - overrated agree

Bitcoin is the only asset that anyone in the world can buy Real estate is reserved for the wealthy few who can accumulate thousands of dollars (this is a lot of money in most countries) Stocks are reserved for people in countries that have access to the global financial system (most don't have access) Bitcoin is the only asset that someone can buy fractions of, with any currency, in any amount, as long as they have an internet connection

@luke_broyles Bro everyone knows making calls on “decade performers” is going👇…..who TF does that 🤷🏽‍♂️ / just eat the loss and accept the PnL for now

I believe MSTR will be in the top few companies of the S&P 500 within a decade.

@AdamBLiv What if twitter accounts decide that $MSTR just isn’t a viable business model that sustainable long-term ie long-term investment? 🤷🏽‍♂️

🔥SAYLOR WILL NEVER BE LIQUIDATED - AN EVISCERATION OF THE MSTR BEAR CLOWNS🔥 Let’s clear something up for the financial illiterates who still confuse a liquidation with a default like they’re interchangeable Pokémon cards. Liquidation means you’re forced to sell collateral, usually instantly, because you’ve violated a loan-to-value ratio or you’ve been margin called. This happens when you borrow against an asset that gets marked-to-market hourly, and the lender says, “Pay up or we liquidate your position.” That’s what happened to all the degens in 2022. That’s what happened to Luna, to Celsius, to 3AC, and your buddy Chad who remortgaged his car to long DOGE. Default is something else entirely. Default means you fail to meet an obligation, like miss an interest payment, fail to refinance, or fail to repay principal at maturity. Strategy is in NEITHER of these scenarios. Because again, let’s repeat like we’re teaching kindergarten: There are no LTV triggers in any of Strategy’s capital stack. There is no loan backed by BTC collateral that forces selling when BTC hits $73k, or $50k, or $40k for that matter. There is no margin call clause embedded in their convertibles or perpetual preferreds. There is no auto-liquidation logic that hits because some intern on Fintwit got scared by a red candle. All of these delusions come from people who don’t know how corporate capital markets work. They’re playing Call of Duty on Easy Mode and think they’ve qualified for Navy SEAL training. If you genuinely believe “Saylor might get liquidated,” you’re projecting your own crypto PTSD from Celsius onto a public company with $52 billion in assets, $2.25 billion in cash, and a debt maturity ladder stretching to 2032. You think this is “liquidation” because your Coinbase Pro got margin called in 2021 and you’ve never emotionally recovered. Strategy is not your rehab group. This is not your liquidation trauma support circle. This is a publicly traded Bitcoin vault with permanent capital, bulletproof engineering, and 59 years of BTC dividend coverage. There’s a reason the convertibles don’t trade like distressed debt. There’s a reason the market gives them a 1.05× mNAV. And there’s a reason the only people pushing “liquidation” are Twitter accounts with cartoon monkeys as their PFPs.

I thought that volatility was a tool for those who studied finance and the faithful use it to name ancient gods or mystical bible creatures Or just use it tell me $MSTR EQ is cooked without tellin’ me…..

PLS KEEP THAT CONVICTION WE’RE ONLY HERE TO BREAK YOUR 💰 ACCOUNT Coming soon - Your $MSTR conviction can pay your bills….😂

@AdamBLiv “Price…distraction….endgame” in real world finance we file under - The “I HATE 💰” Syndrome ! Disease retail is often very susceptible to and usually ends with…..I’m poor….AGAIN 😂 $MSTR

They rigged the game. You were born into debt, educated into obedience, taxed into poverty, and medicated into apathy. And now they’re inflating your money until you beg for CBDCs. Bitcoin is the final exit before the slaughterhouse. Price is a distraction from the endgame. Get in or get eaten.

@TheSimplifier7 @NoLimitGains Common trade shared by all legends - on buy and sell side desks…step in the arena with handicap, basically up the ante bc for true legends this game 💸 is just too easy 😂

"I'm investing millions" posts always crack me up. I've sat in meetings where real allocators deploy billions - they don't announce it on social media. Real institutional money doesn't telegraph entries, doesn't flex position sizes, and definitely doesn't predict every top and bottom publicly. That's compliance 101.

🚨 I’M INVESTING MILLIONS INTO THIS It’s not gold. It’s not silver. It’s something nobody is talking about. The world of anti-inflation and anti-currency-devaluation assets is vast, and it’s far from limited to gold and silver. Of course, precious metals are excellent long-term bulwarks against the coming wave of negative real interest rates and inflation. Gold will no doubt go much higher than $5,000 in a few years, and if you’re holding it physically without leverage, the current price movements won’t worry you all that much. But don’t forget that alongside gold there’s oil, gas, coal, palm oil, iron ore, agricultural commodities, fertilizers. And plenty of undervalued stocks in these sectors, still at the bottom of their cycles, unlike gold and silver mines. You could even say that a good undervalued classic industrial small-to-mid cap deserves the label of anti-inflation asset too. At current prices, I feel far more at ease buying oil companies than gold mines. The oil companies / gold mines ratio is at its HISTORICAL lows. Oil services ETF: OIH (tracks oil services companies. Think drilling, equipment, services) Energy sector ETF: XLE (tracks the broader energy sector. Integrated oil & gas, E&Ps, services, etc.) That doesn’t stop me from holding the physical gold portion of my portfolio for probably quite a few more years. Remember, I called every market top and bottom of the last 10 years publicly. When I make a new move, I’ll say it here for everyone to see. Many people will regret not following me sooner.

@cryptowalk2000 @TedPillows When that debt trades at $0.30 on the $ how would you frame it? 😂🤷🏽‍♂️

@TedPillows People keep framing it like a margin call. It’s corporate debt with years to maturity — very different risk profile.

What happens when one person spends $50,000,000,000 buying $BTC, mostly with borrowed money? Over the past five years, Michael Saylor deployed roughly $50B into Bitcoin. Last week he was underwater. Adjusted for inflation, the loss is closer to $10B. And that’s before the key detail: much of this BTC was bought with debt that still must be repaid. This is where things get ugly. Fast. I warned about this a few months ago. Not because I’m anti-Bitcoin. Because I understand risk. This level of leverage is bad for Bitcoin. It increases centralization. That goes against Bitcoin’s core purpose. When a narrative relies on leverage and hero worship, it starts to look familiar. History is clear on how that ends. I’ll keep sharing updates over the coming months. When I start buying Bitcoin again, I’ll say it publicly. A lot of people are going to regret not paying attention sooner.

For bitcoin to do what it always done… $MSTR retail dildos now 👇😂

@AdamBLiv this a special kind of retail dildo EQ scenario analysis? “Make a wish” case only when value $MSTR EQ…..makes sense! got it 😂🤷🏽‍♂️

Saylor already won the game. Bitcoin just has to do what it always has done. If Strategy never bought another Bitcoin, I'd still get rich. MSTR price at different Bitcoin levels: $100,000 Bitcoin • 1× mNAV: $162.95 • 1.5× mNAV: $244.43 • 2× mNAV: $325.90 $150,000 Bitcoin • 1× mNAV: $244.43 • 1.5× mNAV: $366.64 • 2× mNAV: $488.86 $200,000 Bitcoin • 1× mNAV: $325.90 • 1.5× mNAV: $488.86 • 2× mNAV: $651.81 $250,000 Bitcoin • 1× mNAV: $407.38 • 1.5× mNAV: $611.07 • 2× mNAV: $814.76 $300,000 Bitcoin • 1× mNAV: $488.86 • 1.5× mNAV: $733.28 • 2× mNAV: $977.71 $350,000 Bitcoin • 1× mNAV: $570.33 • 1.5× mNAV: $855.50 • 2× mNAV: $1,140.66 $400,000 Bitcoin • 1× mNAV: $651.81 • 1.5× mNAV: $977.71 • 2× mNAV: $1,303.62 $450,000 Bitcoin • 1× mNAV: $733.28 • 1.5× mNAV: $1,099.93 • 2× mNAV: $1,466.57 $500,000 Bitcoin • 1× mNAV: $814.76 • 1.5× mNAV: $1,222.14 • 2× mNAV: $1,629.52