I recently commented that I don’t like to invest in companies that only have a few customers. ASML only has five customers but these customers own the company!
Very interesting video.
Why The World Relies On ASML For Machines That Print Chips
ASML only has five customers but these customers own the company!
Phillips has a 25% stake, but the rest of the stock is in public hands. The other 4 haven’t breached the 5% ownership limit that would require disclosure.
The extreme math involved is very valuable which also explains why cryptos can have digital scarcity for value. Not all cryptos.