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
https://www.youtube.com/watch?v=iSVHp6CAyQ8
The Captain
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.
intercst
The extreme math involved is very valuable which also explains why cryptos can have digital scarcity for value. Not all cryptos.