Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm.
-- Merton Miller
   
Merton Miller   Name:
Merton Miller
Type:
Economist
Nationality:
American
Birth:
May 16, 1923
Death:
June 3, 2000
https://www.nutquote.com/quote/Merton_Miller