There are people who believe this.
However, every time you turn in a hot tap, you heat up the metalwork and water inside a combi by about 40C, and when you turn the tap off, all the residual heat slowly leaks away, until you do it all again next time you run a tap.
For HW, firing a boiler continuously for half an hour or so twice a day, to heat a well-insulated cylinder, that will stay hot, if not used, literally for days, is far more efficient. The cylinder stat will turn off the boiler as soon as it is hot, and it will not demand more heat until you use it. For peak efficiency, use the timer as well so it is only heated before morning shower time and evening bath time. That way the boiler only runs twice. If you have a big cylinder (which is common modern practice) you may only need to run it once.
A modern boiler can heat a modern cylinder in about half an hour, even a big one, and after running a bath, it will be hot again ready for the next bath by the time you have wallowed about, towelled yourself dry, and cut your toenails.
Modern white cylinders usually run straight off the waterman, at good pressure, and do not need a cold tank in the loft. But an old house will need replumbing with new pipework to get the best out of them.