3 ms·
Meh. Total non-event. Once upon a time I hated splits because they made record-keeping more complicated, but the online brokers do a good job of tracking basi
by dripton 6y ago
Meh. Total non-event. Once upon a time I hated splits because they made record-keeping more complicated, but the online brokers do a good job of tracking basis across splits now. Once upon a time there was a real reason to do splits to enable easier purchases, but the online brokers allow fractional shares now. So, just not excited either way about splits anymore.
- riffraff 6y agoMatt Levine made me notice that there's still an effect of stock splits on making options more accessible i.e. there are brokers for fractional shares, but not options on fractional shares/fractional options. I am pretty sure this is irrelevant, but it's interesting.