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The rich generally do act rich. The existence of instagrammers who rent $5 million apartments for a half hour photoshoot hardly refutes this.

by pydry 4y ago

deleted 4y ago
[deleted]
DiggyJohnson 4y ago
This is literally indistinguishable from the opinion of a person who does not know any wealthy people personally, and bases their understanding of “the rich” on the behavior of social media influencers. I’m sorry to put it so bluntly, but the “understating wealth” pattern of behavior is quite real and common.
- sokoloff 4y ago
  This might be my own bias here, but "the rich generally do act rich" seems tautologically true to me. IOW, however the rich act is definitionally how the rich act, which is what I think GP might have been getting at. Whether the way they act is congruent with the way the average person thinks they act is the question. From knowing a few "never going to have to worry about money in this or the next couple generations" families, they mostly fly private but go to great lengths to not post or boast about that.
  - pydry 4y ago
    Pretty much. I was referring to attempts to display status, whether covert or overt. I think he thought I was referring to ostentatious displays of status like top hats and monocles.
bluGill 4y ago
Some rich act rich. Trump is an obvious example of someone with a lot of money who acts it. Though I suspect he has enough that it is still living within his means. (I'm not sure if his bankruptcy was personal or just a business venture) Most rich though are not as obvious about it. Warren buffet isn't the only one living in a modest house, you just don't know the rest. Most rich are not at the level of the above either. Several million in various investment is enough for a comfortable modest life, but acting like money isn't a problem will soon spend it all.
- helf 4y ago
  Trump is a prime example of money brings money as he isn’t even /that/ rich but dipshits keep giving him money. It’s bizarre. Anyways, I have a family friend who is a doctor. He lives in a quiet neighborhood in a $400k house. It’s unassuming. He does drive a Panamera but he actually loves it and drives it because he loves it. If you saw them in public you’d think they were just a regular middle class couple. Last time I saw their /bank accounts/ (I do their IT work), not other assets like stocks or whatever, they had over $15million in cash. It’s pretty wild. They probably have more money than most of the assholes living in the Country Club in McMansions here. And no debt.
thaumasiotes 4y ago
By definition, the rich can only act rich. Whatever they do, that's what acting rich looks like.

The rich generally do act rich. The existence of instagrammers who rent $5 million apartments for a half hour photoshoot hardly refutes this.

by pydry 4y ago

The rich generally do act rich. The existence of instagrammers who rent $5 million apartments for a half hour photoshoot hardly refutes this.

deleted 4y ago

[deleted]

DiggyJohnson 4y ago

This is literally indistinguishable from the opinion of a person who does not know any wealthy people personally, and bases their understanding of “the rich” on the behavior of social media influencers. I’m sorry to put it so bluntly, but the “understating wealth” pattern of behavior is quite real and common.

sokoloff 4y ago
This might be my own bias here, but "the rich generally do act rich" seems tautologically true to me. IOW, however the rich act is definitionally how the rich act, which is what I think GP might have been getting at. Whether the way they act is congruent with the way the average person thinks they act is the question. From knowing a few "never going to have to worry about money in this or the next couple generations" families, they mostly fly private but go to great lengths to not post or boast about that.
- pydry 4y ago
  Pretty much. I was referring to attempts to display status, whether covert or overt. I think he thought I was referring to ostentatious displays of status like top hats and monocles.

bluGill 4y ago

Some rich act rich. Trump is an obvious example of someone with a lot of money who acts it. Though I suspect he has enough that it is still living within his means. (I'm not sure if his bankruptcy was personal or just a business venture) Most rich though are not as obvious about it. Warren buffet isn't the only one living in a modest house, you just don't know the rest. Most rich are not at the level of the above either. Several million in various investment is enough for a comfortable modest life, but acting like money isn't a problem will soon spend it all.

helf 4y ago
Trump is a prime example of money brings money as he isn’t even /that/ rich but dipshits keep giving him money. It’s bizarre. Anyways, I have a family friend who is a doctor. He lives in a quiet neighborhood in a $400k house. It’s unassuming. He does drive a Panamera but he actually loves it and drives it because he loves it. If you saw them in public you’d think they were just a regular middle class couple. Last time I saw their /bank accounts/ (I do their IT work), not other assets like stocks or whatever, they had over $15million in cash. It’s pretty wild. They probably have more money than most of the assholes living in the Country Club in McMansions here. And no debt.

thaumasiotes 4y ago

By definition, the rich can only act rich. Whatever they do, that's what acting rich looks like.