$PLTR might be the most overvalued stock of all times, says The Economist.
It doesn’t get to be a genius to see this.$PLTR Free Cash Flow: $1.7 billion$PLTR Market Cap: $412 billion$UNH Free Cash Flow: $25 billion$UNH Market Cap: $280 billion
That says something. pic.twitter.com/1vNsb13lEL
— Oguz Erkan (@oguzerkan) August 19, 2025
1/ Howard Marks is one of the best value investors alive.
He predicted:
– Dotcom Bubble (2000)
– Great Financial Crisis (2008)
– Covid Bubble (2021)In 2021, he said we were in an everything bubble: pic.twitter.com/gSCB9CZ8BD
— Oguz Erkan (@oguzerkan) August 19, 2025
3/ He then distinguishes the value from price.
Value is the sum of current and future earning power, while the price is the consensus view of investors regarding the value.
Price is a product of supply and demand dynamics, while value is intrinsic to the asset. pic.twitter.com/Gz2ONsy9s1
— Oguz Erkan (@oguzerkan) August 19, 2025