This document discusses reducing parsing costs and improving data fetching efficiency in Oracle databases. It recommends avoiding full parses for high-frequency SQL through binding and using PL/SQL. Parsing requires significant memory access and latching. The document also discusses how Oracle fetches data from disk buffers into memory through latch-protected access to blocks and rows, and how applications can reduce latch contention through bulk operations instead of single-row fetches. Packages help reduce PL/SQL object invalidation.