Standard Deviations with Dr. Daniel Crosby cover image

Morgan Housel - The Psychology of Money

Standard Deviations with Dr. Daniel Crosby

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The Rich Man in the Car Paradox

The rich man in the car paradox is an idea that Absolt y calls himself falling for. When you're driving around town in your ferrari, people are goin to look at your car and say, i want that car, but i actually don't care about you driving the car. And coming to terms with that has driven a lot of my, ah, lack of desire for social signalling relative to what it used to be.

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