8. Stock Splits in this episode, Josh explained stock splits and why the greatest investor Warren buffet despises them. A stock split. It's not a natural phenomenon. It's manmade. The corporation looks at its stock price. The stock price is let's say $300 per share. And they say, let's do a split because blank. And there were a couple of reasons. [00:00:31] Some I think are legitimate, some might think are illegitimate, but they'll say let's do a three for one, which would bring our stock price down to a hundred. And the shareholder would just see a. Price. That's been cut by two thirds, but they'd see a tripling in the amount of shares they own. It changes. [00:00:49] Absolutely nothing about their stake in the company, proportionally they own the same amount of the company. All that's happened is instead of cutting a pizza into eight slices, you've cut it into 16. Still the same size pizza does not grow the pizza. Well, I don't have a problem with splits. The problem that I ...