https://minutesof.com/gavin-baker/on/market-structure/ Everything Gavin Baker has said on market structure: 4 verbatim quotes between April 2020 and August 2026, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:21:42 +0000 https://minutesof.com/q/713544d7-5fd8-47e8-a9b2-9bd80b763737/ https://minutesof.com/q/713544d7-5fd8-47e8-a9b2-9bd80b763737/ “Let's just think about the game theory of breaking an LTA. So there's four companies that matter at scale. There's Amazon with their tradiums.” — Invest Like the Best Tue, 04 Aug 2026 08:00:00 +0000 market structure https://minutesof.com/q/9b733324-6a8d-4297-8289-670e5c101e59/ https://minutesof.com/q/9b733324-6a8d-4297-8289-670e5c101e59/ “So there's four companies that matter at scale. There's Amazon with their tradiums. There's Google with their TPUs. There's AMD, and then there's NVIDIA who's, like, much bigger than everybody else combined.” — Invest Like the Best Tue, 04 Aug 2026 08:00:00 +0000 market structure https://minutesof.com/q/3549271c-1596-4977-9bc1-2e02b8c580d3/ https://minutesof.com/q/3549271c-1596-4977-9bc1-2e02b8c580d3/ “Let's step back and look at the last fifteen years of semis. The industry has completely consolidated to where you almost have these monopolies and almost monopolies or duopolies.” — Invest Like the Best Tue, 25 Jan 2022 09:00:00 +0000 market structure https://minutesof.com/q/97066165-c35e-45f0-b4eb-65d90edcb697/ https://minutesof.com/q/97066165-c35e-45f0-b4eb-65d90edcb697/ “Valuation spreads within a sector between individual stocks are at all time highs. It was a 4.5 standard deviation relative to the norm only a few days ago.” — Invest Like the Best Thu, 02 Apr 2020 09:30:00 +0000 market structure