#31: The Psychology of Money
Vinh and Ali Show
00:00
The Man in the Car Paradox
The man in the car paradox is simply put no one is as impressed with your possessions as you are. "They want something very bad to happen to you so they can take that car away from you," he says of people who buy status symbols. The biggest winner in things that are linked to status or like status symbols are the marketing teams behind the products, author says.
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