He is right ...
With HyperConerged Appliances you always overspent in the nodes because you can't scale resources (compute/storage) independently. You pay for resources that you are not using and that rises with every appliance you add.
I'm also wondering why nearly nobody is talking about security concerns, because you can't realize a defense-in-depth concept with control and data plane sharing everything. But HC looks that easy on powerpoint and youtube ... maybe because there are also some redundancies missing that are best practice in traditional IT environments.