Changes

Jump to navigation Jump to search
150 bytes added ,  18:17, March 31, 2019
add sentence about logic of infinity in stock market section
Line 51: Line 51:  
|[[stock market]]
 
|[[stock market]]
 
|wastes billions of hours each week; also even professional stock traders advise against trying to "time the market" (i.e. trying to determine when the market has reached a new high or low, and investing or de-investing accordingly) as they admit even they—with all their powerful tools and understanding—cannot do so
 
|wastes billions of hours each week; also even professional stock traders advise against trying to "time the market" (i.e. trying to determine when the market has reached a new high or low, and investing or de-investing accordingly) as they admit even they—with all their powerful tools and understanding—cannot do so
−
|those who invest in the market typically make more money by spending less time following their investments.  Also, an implication of the [[Coase theorem]] is that the amount of one's assets, in the stock market or otherwise, is irrelevant to his productivity in society.
+
|those who invest in the market typically make more money by spending less time following their investments.  Also, an implication of the [[Coase theorem]] is that the amount of one's assets, in the stock market or otherwise, is irrelevant to his productivity in society.  Recognizing the concept of [[Logic of infinity#Infinite Wealth|infinite wealth]], and thus the lack of significance in increasing it further, helps.
 
|-
 
|-
 
|regret
 
|regret
Anthony, Irenaeus, Siteadmin, apieditor, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
126,219

edits

Navigation menu