"The investor of 'The Big Short' fame hit back at the Palantir CEO in an X post on Sunday night, after Karp blasted his latest bets as 'batshit crazy' in a televised interview last week. 'Doesn't surprise me one bit that Alex Karp and his 'ontology' @PalantirTech cannot crack a simple 13F.A fundamental principle of any rigorous ontological/epistemological model - whether philosophical or in data science - is recognizing when your information set is insufficient for valid conclusions,' he added."
"Burry's Scion Asset Management revealed last Monday, in a quarterly portfolio disclosure known as a 13F, that at the end of September, it owned bearish put options on 5 million Palantir shares with a notional value of $912 million. The filing also showed it held puts on 1 million Nvidia shares worth a notional $187 million. But it didn't indicate whether Burry held those short positions through October or early November."
Michael Burry fired back at Palantir CEO Alex Karp after Karp called Burry's bets "batshit crazy" in a televised interview. Burry posted on X that Karp and Palantir "cannot crack a simple 13F" and asserted that rigorous ontological and epistemological models must recognize insufficient information sets. Scion Asset Management's 13F filing showed bearish put options on 5 million Palantir shares with a notional $912 million and puts on 1 million Nvidia shares worth $187 million. The filing did not specify whether those positions remained through October or November. Palantir's stock dropped about 15% following the earnings and the filing revelation.
Read at Business Insider
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