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145 bytes added ,  00:27, December 23, 2020
recognize that much of the stock market is boosted by wasteful government spending, such as "stimulus" bills
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|[[stock market]]
 
|[[stock market]]
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|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
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|wastes billions of hours each week, far more than the market is worth; 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; recognize that much of the stock market is boosted by wasteful government spending, such as "stimulus" bills
 
|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.
 
|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.
 
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