Part 3/5:
"Palantir has a massive 10x upside, and if you're on this channel, odds are you kind of agree with me. I don't think anybody here watches me and completely disagrees with that thesis."
However, the stock's current valuation, with a 134 PE ratio, is undoubtedly expensive in the short term. The author acknowledges this and suggests that if you can't stomach the potential volatility, it's reasonable to take some profits off the table, around 10-15% of your position, to provide some peace of mind.
"I'm not going to hold it against you if you sell 10% of your position just so you sleep better at night for the next six months. Nobody in the entire world has ever gone broke for taking a little bit profits off the top."