Long Equity runs a single concentrated investment strategy consisting of value-creating and price-setting companies. He holds a Masters degree in banking and a PhD in quantitative modeling.
Driving the economy Semiconductors are the foundation of all advanced technology and for developed economies, advanced technology has been the main driver of economic growth over the last few decades. Historically, companies like IBM and Intel designed and manufactured their own chips, and even made the equipment needed to make
Applied Materials ($AMAT) supplies equipment to the semiconductor industry. Over the last 5 years AMAT has grown. But when we say a company has grown, what precisely does that mean? Companies have many parts to them. Each part can grow at different rates. Let's consider AMAT's