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The rule breakers that become rule makers and yet continue to break the rules as they lead their industry and the

world forward are the greatest stocks of our of our lifetimes and i would say amazon is a great

example i would say nvidia is another great example i would say so is netflix so by the way

are lesser known companies like axon Enterprise or Mercado Libre.

These are companies that started out with David positioning and are now within their contexts,

the Goliath. I'm Ricky Mulvey, and that's Motley Full co-founder and Chief Rulebreaker David Gardner.

He joined me for a conversation on today's show about his unique view on valuation,

and what really matters if you

want to be an owner of industry leading rule breaking companies. And a quick note before we get

started, no show on Monday. We are off for Memorial Day. Hope you're having a great long weekend.

So the reason I wanted to chat is, David, I've been thinking a lot about and not buying,

maybe to my detriment, a company called Palantir.

And at the time of this writing, it's got a blistering valuation, about 95 times enterprise value to revenue. So for listeners, that is all of the equity in debt over the trailing revenue. So the market for this company is saying,

we think that revenue can grow a lot. We can almost to impossible standards to a normal

...