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Kevin Simler – Exploring the Frontier - [Invest Like the Best, EP.12]
Invest Like the Best with Patrick O'Shaughnessy
The Economics of Social Status
You've got a book coming up, which i was lucky enough to read an advanced copy of. And one of the qor ideas, and you've writen about, link to the actual essay that you wrote on this. I think part of the problem is that talking about social statusi higher status than you, or your high scints tan meor just, it's the zero some game that seems to wig everyone out. Can you talk through the basic of maybe a simple definition of kind of the economics of social status? What is thi cor idea?
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