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.
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|[[stock market]]
|[[stock market]]
|wastes billions of hours each week
|wastes billions of hours each week
−
|those who invest often make more money by spending less time following their investments
+
|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.