Zeev's Turnips Patch-No Politics (ZEEV)

[ardent jd]

Hey there, Culmus...hope you're doing well.

Good points. We agree.

One small nitpick, though. Yes, a larger stake in the same sized pie is worth more, but haven't you forgotten about the dividends that would otherwise have been paid? If those dividends are invested in another stock that does equally well as the original stock (or indeed in the original stock itself), an investor would have equal wealth under both scenarios.

Regards,
jd