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

robkhenderson.substack.com

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

#561

Earlier quoted context omitted.

This is the kind of thing people who see cars as appliances go 55 in the left lane in a Prius (or maybe if you're a homeowner you've traded up to a Tacoma) say. People buying "100k+ rich man's toy" cars don't care about value for money the way you or I do. Edit: appeasing nit pickers

Maseratis aren’t exotic cars though, that’s the thing. They’re mediocre luxury cars marketed as exotic cars. You can get a new Maserati for less than a new BMW M3. Not exactly exotic car territory.

That entirely depends on the models. People who only know brands aren't "car" people anyway, and price isn't a great comparison.

Modern Maserati's are great driving cars with Ferrari heritage (and engines) that do command more prestige than a typical M or AMG model, especially in the Trofeo versions.

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

#562
post #44

The one that always bugs me is when rich, successful people tell others to follow their heart or passion. It's easy to follow your heart once you're already rich. The other one is that rich people don't think about money, which is bullshit. It's all they think about, even if they don't show it.

> The other one is that rich people don't think about money, which is bullshit. It's all they think about, even if they don't show it.

Nonsense; almost the defining characteristic of being rich is that you don't need to think about money; if you need some it's there.

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

#563
post #555

Earlier quoted context omitted.

But the point is everyone looks like they’re trying to conform to the dress code. Much better than America, where just when you think it’s hit bottom, people plumb the depths further. (Most recently, by way of hair, tattoos, earrings on men, etc.)

I was a little surprised to see some lawyers at a recent medium-sized company who had tattoos. And not just small butterflies.

[deleted]

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

#564

> An example from Ogilvy Vice Chairman Rory Sutherland: If you’re a top executive, turning up to work on a bicycle is a high-status activity because it was a choice and not a necessity. But if you work at Pizza Hut, turning up on a bike means you can’t afford a car. It must be so tedious to live having internalized this perspective on people. The vast vast majority of people are not "signaling" when they do things, t…

That example is also super geographically narrow. In a lot of Europe it'd just be normal to ride a bike to work, no matter what the social or economic status of the person. In Australia where I am people would assume you're really into cycling as a sport, or really care about the environment (thankfully infrastructure is improving so eventually hopefully it gets to the more 'just normal' level). I don't think anybody would assume somebody who cycles to work is 'poor' here in any job though!

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

#565

Earlier quoted context omitted.

But the point is everyone looks like they’re trying to conform to the dress code. Much better than America, where just when you think it’s hit bottom, people plumb the depths further. (Most recently, by way of hair, tattoos, earrings on men, etc.)

I have rings in both my ears and sleeve tattoos on both arms. What does that say about me?

that you will live a long life and success is ahead

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

#566
post #306

Earlier quoted context omitted.

Thank god I‘m not living in a city with money as a first value. People would look down on you here for taking a car to your job if you can use a bike.

Missed the point by a mile.

Because?

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

#567
post #306

Earlier quoted context omitted.

Thank god I‘m not living in a city with money as a first value. People would look down on you here for taking a car to your job if you can use a bike.

Which is the exact same phenomenon with the signals reversed.

So cycling is high-status because most people do it? I can assure you that has nothing to do with high-status. You just can‘t break down everything into status-games.

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

#568

Earlier quoted context omitted.

because you and the actually rich people are not appearing to the same audience.

"Higher EV in that play allowing increased chances to mingle with rich class" means that your intended audience is the actually rich people because you want to mingle with them.

I stand corrected; in that case I'd wholeheartedly agree. Do you have any concrete instances of when/where one might do this? (I'm having a failure of imagination, because IMX in capitalist countries people dress to impress their peers; the system is self-sorting as in Brave New World)

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

#569

"An example from Ogilvy Vice Chairman Rory Sutherland: If you’re a top executive, turning up to work on a bicycle is a high-status activity because it was a choice and not a necessity. But if you work at Pizza Hut, turning up on a bike means you can’t afford a car." This tidbit reminds me of a similar anecdote (that my experience aligns with) re: the modern upper class that wearing a $2k Rolex or driving a $70k BMW i…

Viking and sub zero aren't even good appliances. I'm not sure why they're so popular other the price

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

#570

Earlier quoted context omitted.

"2020s era inflation" started just this year. And it's, what, 11%?

Well its nearly 2023, and we have had 10%-ish inflation going on about 2 years. In specific areas such as cars, you had complete dislocations. For example used cars which normally depreciate 15-20%/year, instead inflated about 15%/year for 2 years. Over the summer I traded in a 4 year old car at the end of its warranty of 85% of what I paid for it new. I probably could have sold private party and haggled harder to ge…

> Well its nearly 2023, and we have had 10%-ish inflation going on about 2 years.

Are you not in the US? We haven't even had 10% inflation for all of the past year.

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