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Kevin Simler – Exploring the Frontier - [Invest Like the Best, EP.12]
Invest Like the Best with Patrick O'Shaughnessy
How Do You Earn Social Status?
It might behove us to differentiate between a prestige and dominance. So you caun think about like a bank account, wrigt that you've got status account,. You can earn and spend adm in many ways. It actually meets some of the definitions of moneya which is lot more fuzzy than that. Maybe that's the missing i think that's probly the one missing variable. But it's a fascinating way to think about how people behave.
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