Invest Like the Best with Patrick O'Shaughnessy
Palmer Luckey - Inventing the Future of Defense - [Invest Like the Best, CLASSICS]
28 Nov 2025
Full Episode
Welcome to this classic episode. Classics are my favorite episodes from the past 10 years, published once a month. These are end-of-one conversations with end-of-one people. Palmer Luckey is a relentless builder and original thinker. He founded Oculus, bringing virtual reality to the mainstream, and is now reshaping the future of defense and technology with Anduril.
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I'm Patrick O'Shaughnessy, and this is Invest Like the Best. This show is an open-ended exploration of markets, ideas, stories, and strategies that will help you better invest both your time and your money. If you enjoy these conversations and want to go deeper, check out Colossus Review, our quarterly publication with in-depth profiles of the people shaping business and investing.
You can find Colossus Review along with all of our podcasts at joincolossus.com.
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My guest today is Palmer Luckey. Palmer is the founder of defense company Anduril Industries, which makes next-generation military technologies for the US and its allies. Since bringing the company to life in 2017, Palmer and Anduril have disrupted the established order in the defense industry.
Prior to Anduril, Palmer founded Oculus VR, a virtual reality business that he sold to Facebook for $2 billion. This was one of my favorite interviews in a long time. Palmer is only in his early 30s, but he's already experienced more than most people will in a 40-year career. We talk about innovation, invention, differentiated thinking, and so much more.
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