Doug from Fabricated Knowledge on the Semis industry and his RMBS thesis
Yet Another Value Podcast
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The Cost Relationship
Shrinking in two dimensions has become harder and harder to shrink. The third dimension added complexity, and that complexity added cost. And so we've been shrinking in two dimensions for from, like ten, you know, itwa 70 till now, and two thousand 12. That's when the cost relationship started to break down. You add in the third dimension, and then, boom, now it doesn't cost as much. But unfortunately for us, there's ay smarter people than already working on it. Mays: "The amazing thing is, like, these people have been thinking, the people who work in the industry, it's magic"
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