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Be wary of imitating high-status people who can afford to countersignal

robkhenderson.substack.com

191–200 of 651 posts

Re: Be wary of imitating high-status people who can afford to countersignal

#191

One of the best examples of counter-signaling was Kim Kardashian at the Met Gala. She wore a black dress that covered her from head to toe, including her face. It was kind of a statement that “even my silhouette is famous”.

For those wondering: https://en.wikipedia.org/wiki/Kim_Kardashian Even after reading that I don't actually know what this woman is well-known for.

Trying too hard.

Re: Be wary of imitating high-status people who can afford to countersignal

#192
post #30

Earlier quoted context omitted.

Rich people never want to acknowledge their luck, because it doesn't fit the "self-made" narrative. edit: to please the pedants, I should have said "many rich people", as to not imply "all". My fault.

There are plenty of 1%-ers who work hard and they ascribe their success to their hard work and intelligence. But it ignores that there are many people who work harder, are more intelligent, or both, who don't get to those heights. That is the luck aspect. If one is on top of the heap, it is convenient to believe in meritocracy, doubly so. On the one hand, it makes the person feel they earned what they have, and secon…

It's also because working "hard" isn't enough. You have to put your effort where it matters. That is so often overlooked.

Re: Be wary of imitating high-status people who can afford to countersignal

#193

Earlier quoted context omitted.

>the modern upper class that wearing a $2k Rolex or driving a $70k BMW is frowned upon. There was a time, not that long time ago in which good clocks were expensive and expending 2ks on a good clock was similar to expending 2k on a laptop today, a functional, reasonable decision. My uncle earned a much more expensive Rolex than 2k in a Golf tournament and wearing it nobody believed it was genuine, even a watchmaker c…

I bought a fake "Rolex" in Thailand, for $10. It actually didn't work very well. I guess there's a hierarchy even among the fake.

Back in the 1990s my dad's oldest brother went to the outskirts of NYC and was really impressed with the fake "Rolex" he bought. My mom was indignant about it because she sold men's clothing for a living and could tell you exactly how a fake Tommy Hilfiger shirt was worse in so many ways than a real one.

Two weeks later the watch stopped running.

Around the same time, though, my mom's youngest brother was driving on the cross-Bronx throughway, stopped to help somebody whose car was pulled over on the side of the road, and found the driver had been shot dead.

Re: Be wary of imitating high-status people who can afford to countersignal

#194

Earlier quoted context omitted.

The nuanced take is that luck is something that can be “made” through putting oneself in situations conducive to getting lucky through exposure, networking, and repeated attempts / not giving up. You might be able to get successful people to admit that they were in the right place at the right time, but they’ll almost always qualify that with how much effort they put in to be in that situation.

> repeated attempts / not giving up Being able to afford that wouldn't be lucky, it would imply some sort of per-existing wealth or at least a solid support network.

...Which you have in the first place by being lucky in your birth.

Re: Be wary of imitating high-status people who can afford to countersignal

#195

Earlier quoted context omitted.

Yes I think my point is that they simply signal differently by for example regaling you about how they spent $5000 on custom designed esoteric tiles from a local artisan for their shower. Personally I don't think things that are 90% purchase/consumption (housing/renovations/appliances) are hobbies in the same way as photography/kitesurfing/gardening/cycling which may be expensive but have some sort of skill/learning/…

I worked for a wealthy man. I remember two stories among many: He once told me he was upgrading the doorknobs and hinges in this house. The bill just for those items came to $45K. We were both getting coffee in the office once, and he looked towards me and ask, “My socks cost more than everything you’re wearing.” And he liked me.

> “My socks cost more than everything you’re wearing.”

That’s a strange thing to waste money on for signaling. It just showed the lack of understanding on marginal utility on commodity items.

Re: Be wary of imitating high-status people who can afford to countersignal

#196

> In contrast, children will copy every single action, including the unnecessary ones. The example that immediately springs to mind, in the tech industry, is the "Steve Jobs Asshole" archetype. Steve Jobs was a notorious manager, in that he made heavy-duty demands, did not suffer fools, and was blunt to the point of abusive. But he was also able to filter for talent, cultivate it, and encourage excellence. He wasn't…

There's no excuse to tolerate bad behavior. It's like an abusive relationship. When such a situation happens, you should start thinking of an exit plan ASAP.

I will tolerate W amount of X bad behavior for duration Y if I receive Z million dollars at the end of duration Y, for values of Z that equal or exceed 1.

Re: Be wary of imitating high-status people who can afford to countersignal

#197
post #127
post #30

Earlier quoted context omitted.

Rich people never want to acknowledge their luck, because it doesn't fit the "self-made" narrative. edit: to please the pedants, I should have said "many rich people", as to not imply "all". My fault.

“Which contributes more to wealth: luck or hard work? Which contributes more to the area of a rectangle: height or width?”

By framing the problem like this you are making the assumption the variables are independent which is very much not the case. Your work can influence your luck, and even how much effect said luck has.

Re: Be wary of imitating high-status people who can afford to countersignal

#198

Pure trash. Be yourself, emulate whoever you want (or no one). Do what feels right. If someone looks down on you for riding a bike to work (regardless of your current "status"), #1 they are idiots and their respect and admiration is worth zero and #2 choke them out :). Life is too short for such ridiculous minutia.

How dare you express anything that resembles sincere courage here. Elon Musk can afford that, but if others were to follow his lead, imagine how bad that would be for Big Tech management! Who knows, they might even get fired and replaced by one of these Elon Musk "imitators". What a horrible, horrible thought. /s

Re: Be wary of imitating high-status people who can afford to countersignal

#199

> In contrast, children will copy every single action, including the unnecessary ones. The example that immediately springs to mind, in the tech industry, is the "Steve Jobs Asshole" archetype. Steve Jobs was a notorious manager, in that he made heavy-duty demands, did not suffer fools, and was blunt to the point of abusive. But he was also able to filter for talent, cultivate it, and encourage excellence. He wasn't…

Unfortunately I’m afraid the current version of this is the Elon Musk wannabes. What they don’t know is that many people that have worked for Musk have come forward from SpaceX and the like that say the only way to progress projects is to avoid his interference and/or learn how to present things to him in a way that he doesn’t sabotage it. I’ve worked for bosses like that before and it is terrible. Not only are you doing your difficult job task but you have a constant mini boss that pops up trying to spoil any forward progress.

Re: Be wary of imitating high-status people who can afford to countersignal

#200

Earlier quoted context omitted.

Yes I think my point is that they simply signal differently by for example regaling you about how they spent $5000 on custom designed esoteric tiles from a local artisan for their shower. Personally I don't think things that are 90% purchase/consumption (housing/renovations/appliances) are hobbies in the same way as photography/kitesurfing/gardening/cycling which may be expensive but have some sort of skill/learning/…

I worked for a wealthy man. I remember two stories among many: He once told me he was upgrading the doorknobs and hinges in this house. The bill just for those items came to $45K. We were both getting coffee in the office once, and he looked towards me and ask, “My socks cost more than everything you’re wearing.” And he liked me.

I have a couple clients like that. 40k on this, 25k on that. Doinky little overpriced home-improvement geegaws. And I'm thinking, "I could pay off my credit cards and take a year off for my own serious projects, for what you're spending to upgrade your stupid crown molding".
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