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What do wealthy people buy, that ordinary people know nothing about? (2015)

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Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#511

Post by b3lvedere »

alexey-salmin wrote: post #176

The referenced reply is dull. It's very pretentious but just reiterates common knowledge, it doesn't convey any useful information. For example I wish someone told me about the existence of Miele kitchen equipment before I accidentally rented an apartment of a well-to-do woman. She renovated it for herself but then rented out when circumstances changed. Similarly it took me a long time to realize just how much better…

Not sure if Miele is still what it used to be. To my knowledge Miele products tend to live a tad longer for almost twice the price.

I do wonder what household appliances these homes have that Enes Yilmazer shows on his YouTube channel. It seems it's always the same huge black/silver color washer and dryer.

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#512

Post by Damogran6 »

alexey-salmin wrote: post #176

The referenced reply is dull. It's very pretentious but just reiterates common knowledge, it doesn't convey any useful information. For example I wish someone told me about the existence of Miele kitchen equipment before I accidentally rented an apartment of a well-to-do woman. She renovated it for herself but then rented out when circumstances changed. Similarly it took me a long time to realize just how much better…

In covid had a whirlpool dishwasher that lasted less than 3 years (4 subsystems failing all at the same time)...it was either wait 2-X months for the Miele we wanted, or pay twice as much to have it today. ($2k vs $1k)

I'm uncomfortably enamored with this dishwasher. (Bought it over a Bosch as the percentage needing repair in the first year was 8% instead of 12% and I was flat done with it.)

The dishwasher is fully enclosed...the typical DW is open at the back with all the guts just barely contained in an open structure.

To balance the dishwasher, you slide it into the nook and turn two bolt heads that have a mechanism that raise the back of the dishwasher after it's set in place.

There are instructions on how to install matching cabinet faces...the buttons are on the top of the door...if you want zero indication you have a dishwasher, they'll accomodate.

While the drawers(?) are well thought out and can take a lot of dishes, it shines when you're entertaining, it flat SOAKS UP dishes and flatware and has cycles to safely wash crystal. We never seem to use this.

It has pucks full of detergent, a load now a days costs about $1.80...more than I'd like, but the simple avoidance of pouring soap and having a sixpack delivered when you need it is a crazy luxury.

5 years in and it's been faultless.

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#513

Post by ragazzina »

rsynnott wrote: post #455
notsydonia wrote: post #363

You know how a person on 'average' income might sometimes browse retail sites as displacement activity, while waiting for something/someone or a side-quest etc? Ultra-wealthy people also do that but they're trawling through Sothebys or Christies - eg: https://www.sothebys.com/en/buy/luxury/books-&-manuscripts/b... They don't have time to read - say - a lengthy biography about a Civil War general but they can purchase…

> They wouldn't even have a brand on their dishwasher - it would be commissioned by an architect or interior designer quietly maintained at regular intervals by an appliance engineer who has been either supplied-by your core op-secs team or thoroughly checked out by them etc etc. I _absolutely_ do not buy that very rich people have custom dishwashers. Like, _why_? There's no way it could be as good as a mass-produced…

For me it's the opposite: I cannot believe a rich person deals with "you need a Samsung account on the Samsung CleanDishes to unlock the QuickClean functionality".

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#514

Post by [deleted] »

tough wrote: post #467
humanpotato wrote: post #435

Earlier quoted context omitted.

Steve Jobs did this, he got a new car every 6 months yet for years only drove a 911, then an MB SL55. Why have to learn a new car when you like what you drive? https://www.autoweek.com/car-life/but-wait-theres-more/a1704...

he got the new cars every 6 months because he could avoid then putting car plates on it (california weird law on new cars) and then not be able to be given tickets when he would park on his disabled spot at cupertino classy mfer lol

[deleted]

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#515

Post by albedoa »

mellosouls wrote: post #269
alexey-salmin wrote: post #176

The referenced reply is dull. It's very pretentious but just reiterates common knowledge, it doesn't convey any useful information. For example I wish someone told me about the existence of Miele kitchen equipment before I accidentally rented an apartment of a well-to-do woman. She renovated it for herself but then rented out when circumstances changed. Similarly it took me a long time to realize just how much better…

I think you have a couple of good examples in your comment and I understand you would have liked more along those lines, but: The referenced reply is dull. It's very pretentious but just reiterates common knowledge, it doesn't convey any useful information. I disagree strongly - its not a multiple-gold answer that is now being linked to years later for no reason. I read it years ago and have always remembered it - on…

This is fascinating to me and I'm sure many people who read your comment. What did you learn from the reddit comment that you didn't know before reading it ten years ago? Why has it stuck with you?

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#516

Post by jeanlucas »

elzbardico wrote: post #359
safety1st wrote: post #248

Earlier quoted context omitted.

On a personal level I know several guys who are worth $10-30M, one who's worth probably $40M, and one who's worth around $700M, this is LNW. Not much in the Reddit reply checks out for me. It's true that the $700M guy socializes with "Senators/Congressmen/community leaders." He travels a lot, and comfortably, but has no ownership in a jet. He retired young-ish and no longer works so maybe that's why. He doesn't flash…

Please remember that this is from 10 years ago. For wealth comparison, you need to take into account the valuation of assets in this period. What the author says about 700M, is probably roughly equivalent to today's 5 billions.

The American inflation is nowhere close to this high

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#517

Post by sunrunner »

toyg wrote: post #438
TacticalCoder wrote: post #343

Earlier quoted context omitted.

I was invited for coffee at a friend's friend. He seemed a pretty regular guy, very friendly: kids playing in the pool. Nothing out of the ordinary except as many house employees as adult guests (and house employees where calling guests by their name). I happened to know the artist Jeff Koons: not a big fan of the "inflated balloon dogs" but I do like his ballerinas. Well... Turns out the dude had one house destroyed…

I would absolutely do that. Having to relearn instrumentation and optionals, how the car handles, dealing with its size, etc etc, is an absolute ballache. If you're not into cars, there is no novelty in having to drive two or three different cars just because you want to be near the sea this week and near the city next week.

If you were that rich wouldn't you just hire someone to drive well for you? But if you liked driving for the sake of it would it not be part of the enjoyment to learn to handle different vehicles well?

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#518

Post by Workaccount2 »

Loic wrote: post #426
em500 wrote: post #288

Earlier quoted context omitted.

> For example I wish someone told me about the existence of Miele kitchen equipment before I accidentally rented an apartment of a well-to-do woman. Don't believe the hype. I got an apartment full with Miele kitchen equipment (from the previous owner, but less than 10 years old). They're nothing special, and I got a lot more random errors on the oven ("please contact service", tried that once, they were as clueless a…

We are all Miele at home and for the next renewal, I will go to Bosch/Siemens. Too many small failures here and there (less than 8 year old). I was sincerely surprised because 20 years ago, Miele was the gold standard (at least in Germany). So, I agree with you.

I know that German brands get a lot of cred, but I have never really experienced it much. And thinking about it, it kind of makes sense:

Who in first world developed countries, that is smart, competent, and capable, wants to take a ho-hum salary to develop home appliances? From an economic and financial perspective, it doesn't make sense for Germany to pump out high quality innovative home wares. The brightest German minds aren't working on stove tops, nor should they be.

It makes way more sense for emerging economies to dominate in the space, and unsurprisingly China now seems to be the global hub of mid-tech manufacturing, with lots of innovation in this space.

Re: What do wealthy people buy, that ordinary people know nothing about? (2015)

#519

Post by Kirby64 »

alexey-salmin wrote: post #441
rsynnott wrote: post #434

Earlier quoted context omitted.

> Maybe a Miele dishwasher last twice as long at double the price. But it will become old after 10 years even so. It... won't support the new dishes that come out in the 2030s? Like, other than energy efficiency (and this is basically already into diminishing returns for appliances like dishwashers), what must-have progress are you expecting?

It won't require the Wi-Fi connection to operate (so definitely a reason to stick to my 12 years old appliances) I'm not even joking: https://news.ycombinator.com/item?id=43463200 > It says options with an asterisk—including Rinse, Machine Care (self-cleaning), HalfLoad, Eco, and Delay start, are "available through Home Connect app only and depending on your model." This is happening now.

Funny enough, that’s on the low end Bosch dishwasher. Their 800 series (which is essentially 2x the price) has no such restrictions because I guess they can “afford” to put the extra buttons on it.
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