Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Darren Farber

๐Ÿ‘ค Speaker
380 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

But Palantir, it really turbocharged Palantir as a business. And so this was the National Defense Appropriation Act, where there was a line put in at a bunch of our behest to say commercial off the shelf first, if it already exists. That was a new feature of law. And it said, look, If the capability exists off the shelf, then you must try that first.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

But Palantir, it really turbocharged Palantir as a business. And so this was the National Defense Appropriation Act, where there was a line put in at a bunch of our behest to say commercial off the shelf first, if it already exists. That was a new feature of law. And it said, look, If the capability exists off the shelf, then you must try that first.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And at a minimum, if you decide not to use it or if you use it in some capacity, you can't treat it like a military system and demand P and visibility into cost and pricing and all these other things because it's commercially available.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And at a minimum, if you decide not to use it or if you use it in some capacity, you can't treat it like a military system and demand P and visibility into cost and pricing and all these other things because it's commercially available.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And I believe that piece of legislation was enormously helpful to Palantir because it was commercially available, although it didn't have the size of commercial business today. And the army was... creating a program at 5x the funding of Palantir to do it their own way. And they were attempting to literally just turn off Palantir, which would have been a huge cost to the government.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And I believe that piece of legislation was enormously helpful to Palantir because it was commercially available, although it didn't have the size of commercial business today. And the army was... creating a program at 5x the funding of Palantir to do it their own way. And they were attempting to literally just turn off Palantir, which would have been a huge cost to the government.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And I'm sure the system wouldn't have been as effective.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And I'm sure the system wouldn't have been as effective.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

It's so tough. This is a very tough question. Because in your mind's eye, you can say, I think this is where the world's going to go. But the department functions off of these plans, these operational views of how we integrate the force. So they're called OV-1s. And it's a visual concept of planning of how we plan the force.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

It's so tough. This is a very tough question. Because in your mind's eye, you can say, I think this is where the world's going to go. But the department functions off of these plans, these operational views of how we integrate the force. So they're called OV-1s. And it's a visual concept of planning of how we plan the force.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

We haven't come to grips with what we do or don't really need for next generation warfare. The kind of nonlinear warfare may still require... a lot of the old stuff. John Spencer at West Point talks about war is really a combination of old and new. It's never all new and it's never all old. And if you think about the Ukrainian contingency, there are many World War II-esque-like components of this.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

We haven't come to grips with what we do or don't really need for next generation warfare. The kind of nonlinear warfare may still require... a lot of the old stuff. John Spencer at West Point talks about war is really a combination of old and new. It's never all new and it's never all old. And if you think about the Ukrainian contingency, there are many World War II-esque-like components of this.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

155-millimeter shells, small-caliber munitions, bicycle bombs, mines. The minefield in Ukraine is about twice the size of the state of Florida now. Landmines. We're talking about old technology. And so... My concern is I think we're over-indexing to a near-peer threat, maybe, and not thinking about some of the capabilities we may need in, let's say, a nonlinear kind of threat.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

155-millimeter shells, small-caliber munitions, bicycle bombs, mines. The minefield in Ukraine is about twice the size of the state of Florida now. Landmines. We're talking about old technology. And so... My concern is I think we're over-indexing to a near-peer threat, maybe, and not thinking about some of the capabilities we may need in, let's say, a nonlinear kind of threat.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

Like, what do I worry about? I worry about the ability for... People to make fissile material now with lasers and they don't require centrifuges. And a non-state actor can actually build a nuclear capability. That's pretty concerning. It was usually, oh, you needed these pristine alloys. You needed access to the molecule. That just made it so hard.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

Like, what do I worry about? I worry about the ability for... People to make fissile material now with lasers and they don't require centrifuges. And a non-state actor can actually build a nuclear capability. That's pretty concerning. It was usually, oh, you needed these pristine alloys. You needed access to the molecule. That just made it so hard.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And it was exclusively the provenance of nation states. Now you can have... someone that's sufficiently capitalized with an alternative form of technology actually building a small tactical nuclear weapon. I'm not saying it's super easy, but the march of technology makes things easier.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And it was exclusively the provenance of nation states. Now you can have... someone that's sufficiently capitalized with an alternative form of technology actually building a small tactical nuclear weapon. I'm not saying it's super easy, but the march of technology makes things easier.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And so what's going to happen when a non-state actor, choose your flavor of the month, gets access to these kinds of things? And we've been building a force exclusively to fight a near peer in China or something like that. And so... It's just a big world with a lot of different kinds of threats.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And so what's going to happen when a non-state actor, choose your flavor of the month, gets access to these kinds of things? And we've been building a force exclusively to fight a near peer in China or something like that. And so... It's just a big world with a lot of different kinds of threats.