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Episode 260: Prof. James Choi: Practical Finance

The Rational Reminder Podcast

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The Economics of Non-Participation in the Stock Market

Lane Vanille: Why do many households fail to participate in this stock market at all? And I think a big part of it is a lot of households don't like to think about their finances. He says mistrust of the market, not have enough money to invest in and then just not like me to think about your finances. LZ: How does non-participation line up with economic theory? Lane Vanille: Economic theory says that everybody should have at least a little bit in the stock market.

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