I meet a lot of people that make this argument. Typically from people who consider themselves quite “financially educated.” While we usually go for the “does 10in pizza cut into 100 slices have more pizza than a 10in pizza cut into 10 slices” I think this analogy falls flat because with pizza, at 10 slices, 10 people can be full but at 100 slices 100 people go hungry lol.

I think a better framing is “Does a stock split change the valuation of a company? Does a stock split change the ownership distribution of the stock? No, and No. This is divisibility. However, a stock dilution - where the company issues new shares in such away that it lowers the ownership stake of preexisting shareholders. This is inflation and it’s happening to your dollars every minute of every day.”

#Plebchain