I feel like Alex Karp doesn’t get nearly enough credit for how boldly he stood with Israel after October 7.
The next day, October 8, Palantir took out a full-page ad in The New York Times:
“Palantir stands with Israel.”
At a moment when most CEOs were saying as little as possible, Karp chose to make his position unmistakable.
And he didn’t stop at words.
Palantir sent engineers to Israel, brought its board to Tel Aviv, and continued supporting Israel’s defense.
That took conviction.
And it paid off! stock is up 1100% in 3 years.
🚨 ATTENTION FBI: HATE CRIME AGAINST ISRAELIS CAUGHT ON CAMERA
In San Jose, two Israelis were reportedly attacked after the assailants heard them speaking Hebrew.
The attack was caught on film, but the suspects have not yet been identified.
If you recognize the attackers or have any information that could help identify them, it should be reported to authorities immediately.
Hate crimes targeting Jews or Israelis cannot be ignored.
Let’s help make sure those responsible are identified and arrested.
@FBI@FBIDirectorKash@FBISanFrancisco@StopAntisemites@ADL
Stay connected, follow @MOSSADil.
Reports of Israelis being violently attacked in San Jose, California, after assailants heard them speaking Hebrew at the Augustine restaurant in Santana Row.
3 Communists walk into a bar, one orders a $15 mixed drink, one a $10 Martini, and the other a $6 beer. When the bill comes, based on their mantra, they are forced to split the bill equally.
Next week, the three, once again, return to the bar, but this time, they all ask for separate checks, so the bartender asks them, why aren’t they splitting the bill equally, since in communism, everyone pays the same fair share. The three communists reluctantly agree, and once again split the check 3 ways.
The following week, the three communists return, but with a mob of devoted followers, and protest the bartender, to change the prices of all their drinks, to the cheapest drink on the menu.
In fear of his business vandalized or burned down, the bartender agrees. So the following week all the communists come in and enjoy their $6 equally priced drinks, and celebrate the successes of communism.
The Communists continue this for several more weeks, until one Friday they return to the bar, to find it closed, with a sign out front, stating that the bar is out of business.
And that comrades, is how communism works.
Who Will Build NYC if Builders Are the Enemy?
As a New Yorker Jew, I'm surrounded by people who have been in real estate their entire lives. I am not trying to feed a stereotype, but that's my reality. They aren't activists or online commentators. They are people who bought their first buildings with all their savings, carried debt through rate hikes, fixed things themselves when there was no money to hire, and stayed in New York through high crime, recessions, 2008, COVID, rising taxes, insurance increases, and an ever-expanding book of laws and codes. None of them were promised fairness before they started, and none of them were protected from risk. They succeeded very slowly, and painfully, but with responsibly.
That experience is exactly what is missing from the worldview of Zohran Mamdani, and it shows in every part of his housing agenda. Mamdani has never built anything. He never signed a personal guarantee, never met payroll, never carried a mortgage through a rough month, never had to choose between fixing a boiler now or hoping it survives another winter because there is no cash. He has only operated in a political world where consequences are abstract and other people absorb the risk. When you have never operated in the real economy, it becomes easy to believe that shortcuts are solutions.
It is also why his message resonates with a certain type of voter. The people demanding “housing reforms” are not bad people. They are frustrated renters who feel like the system is rigged against them. I understand the frustration. But frustration doesn't change math. Housing is hard. Ownership is a very slow process. Building anything meaningful in this city takes years of stress, and debt. The people calling for "landlord policies" often want the outcome without the grind, the stability without the risk, and the reward without the years of sweating that every responsible adult who succeeded here had to endure. But it does not work like that.
NYC is in housing crisis. Citywide vacancy sits around 1.4 percent, a level economists consider an emergency. Median rents keep rising anyway, with Manhattan near $4,800 and Brooklyn around $3,800, even under an already thick layer of regulation. The reason is obvious. Supply has not kept up. In a good year, New York adds roughly 30,000 units. The city needs hundreds of thousands more over the next decade just to stabilize prices. At the same time, construction costs here are among the highest in the country, financing is extremely difficult, and insurance is wildly expensive
Mamdani’s proposals take that fragile situation and make it worse. When you cap upside while leaving downside unlimited, rational people stop participating. Developers do not argue on X. Lenders do not protest. They simply reallocate. Projects stop coming up. Renovations are postponed. New construction dies before a shovel hits the ground. The people I know in real estate are not angry. They are disengaging. Some are buying elsewhere. Some are sitting on cash. Some are done entirely. And when that happens, tenants do not win. Buildings deteriorate, supply tightens further, and rents rise anyway.
What Mamdani offers is emotional satisfaction, not solutions. He tells voters that prices are high because someone else is greedy, not because the city has spent decades making housing harder and almost impossible to build. He frames landlords as villains instead of participants in an ecosystem that only works when incentives align. That framing feels good, but it does not produce housing. It produces resentment, fear, and withdrawal.
Everyone I know who made it in this city did it the same way. Slowly, without shortcuts. Policies written by people who never did that do not create fairness or affordability. They create shortages. NYC doesn't have a landlord problem. It has a confidence problem. And a city that teaches people to hate the builders while demanding more building is a city sabotaging its own future.
Good morning to all our followers 🇮🇱☀️
In case you missed it:
🥪 The ‘selfie yacht’ is safely making its way to the shores of Israel. The passengers are safe and were provided with sandwiches and water, and are expected to return to their home countries.
🤏 The tiny amount of aid that wasn’t consumed by the “celebrities” will be transferred to Gaza through real humanitarian channels.
🚛 More than 1,200 aid trucks have entered Gaza from Israel within the past two weeks, and close to 11 million meals were transferred by the GHF directly to civilians in Gaza.
There are ways to deliver aid to the Gaza Strip — they do not involve provocations and selfies.
Exactly a year after The Economist's editor gloated over Israel's misery, with Israel less isolated than ever, it shifts to the "arrogant Jew" trope.
When a Jew is down, kick him.
When a Jew stands tall, it's hubris.
Twas ever thus—Jew-hate is a mental infirmity of the weak.
We're excited to finally share what we've been up to :)
Announcing Endex: An AI Financial Analyst
Today we're coming out of stealth and announcing our partnership with @OpenAI 🧵
My halftime show review:
Actually, it's a beautiful voice and a beautiful accent. The only problem is, I can't understand a word you're saying. But I just say this: good luck, live in peace.
Looking forward to @micro1_ai's first event of the year with @IgniteGTM.
So excited to kick off 2025 by helping founders grow their engineering teams with vetted talent from our pool and/or making interviewing candidates so much easier with our AI Interviewer Agent.
more below: