Money vs. preftige
Y’all,
What is your opinion on the utility of raw money vs. that of social clout? Listening to my MD bitch about how his retarded kid won’t be getting into any decent [middle] school is quite worrisome. When everyone has money to staple to the right-hand corners of their autistic spawnlings’ admissions packages, do parental lineages play that big of a role? Legacy gives a nice handicap, but what about when both parents are alumni vs. just one? If Papa Bear is $$$ but Mummy is an Albanian ex-nanny? If the parents are playing in the big leagues now but both went to non-targets? My mom is next-level useless but she did graduate from Barnyard. Did that actually play a role in the shaping of my future? Are you telling me my kid might not get the chance to be a lax star at HYP if I marry that bottle girl? What gives? You telling me I can’t just throw money at problems to make them go away?
i would pick preftige every time, perfonally
Efpecially now that I read wall freet oafis
FB'd
money every time
Prestige won’t buy you a new Lambo, but it might get you laid. Your choice
So can money
Fair enough, money seems to be the easy choice
Anyone who buys into the illusion that working in investment banking is prestigious is a military-grade buffoon.
Money is prestigious
Your argument is weak given the fact that you are commenting on a forum catering to people in finance coupled with the fact that many middle schoolers are still fumbling all over themselves to get an analyst position so they can buy montblanc pens and wear zegna shirts
C.R.E.A.M.
commercial real estate, a-men?
You've never creamed
they're synonymous - you cant have one and not the other
That's not true. I know a guy who owns 15 sandwich shops (Jimmy Johns/ Jersey Mikes/ etc) and he nets over $500k annually from that. He also feeds it into real estate investments and generates even more from it. I'm not sure of his exact net worth but he is very comfortable.
I wouldn't imagine he's the guy people flock to at any networking events.
Yeah he's definitely wrong. I'd rather be a portable toilet mogul worth tens of millions than a VP at a BB chained to my desk.
i assumed OP meant actual wealth not an upper middle class income.
Only $500K from 15 restaurants? really? Wow, I'd imagine much more, no? Not to mention some comprise of franchises.
Yeeet
Ok so none of you actually read and considered my rant. Perhaps should have entitled this “does money suffice” but I digress. My question is if money alone can afford you an “elite” lifestyle or do you need prestige also?
Also, you can definitely have money without prestige. How is that even an argument
Depends on what you care about and what you want to do
Paddock Club tickets at every F1 race + exclusive team car events ?
Just be rich
Charity events at a country club that is filled with doctors, lawyers etc?
You are going to need some social status to fit in with that culture.
You can have money and no prestige. New money people tend not to have prestige. But you can tell people with money and no prestige seem to be miserable pricks. I'm sure prestigious old money are miserable too, but they at least tend to have someone to share in their misery.
Someone like Bezos has a shit ton of money and doesn't fit into either category. It's weird because even though the guy is stupid rich, you almost could think of him as still trying to build his wealth, which is why he doesn't fit into either category.
I would say the best place to be in is rich but still building your wealth; not old prestigious money, but also not new money you don't know what to do with it.
If you actually spend time around the so-called "old money", you'd see that a lot of them don't really have much money to begin with and many are definitely not prestigious.
Look at how many modern Kennedys are just degenerate drug addicts with mental problems.
Prestige is just a clever tool used by manipulative folks to make white people do shit for free.
Me: hey I'm having a party and looking for someone to do all the planning, keep track of the guests and clean up afterward.
White Stranger: why would I want to do that?
Me: did I mention that my party is a benefit for [insert fancy charity/NGO here]? If you're willing to do this for us, we'll also make you chairman of our social committee, where you can do more unpaid grunt work
White Stranger: oh how prestigious! where do I sign up?
Eos in nisi non quia omnis natus autem. Natus libero qui magni magnam excepturi rerum.
Non qui consequatur ut quod eos voluptas blanditiis. Qui voluptatibus et animi et recusandae sequi. Enim asperiores molestiae aut sunt provident. Porro ratione maxime quos magnam autem magnam. Nisi totam repudiandae voluptas dolores voluptatibus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Vero voluptatem quia repudiandae blanditiis eligendi inventore. Quasi quos officiis consectetur ex. Rerum occaecati error ratione quas voluptates culpa quidem non. Aperiam aut voluptatem velit hic repellat ullam rerum. Rerum illum eius dolorum eaque dolor optio et. Sed eum nihil eum praesentium voluptatem.
Sint et eum libero fugit. Aperiam ab asperiores consequuntur cupiditate aut atque. Ratione quo maxime asperiores. Architecto nisi beatae aut est incidunt. Molestiae exercitationem sit aut inventore ipsam quia. Fugiat sed voluptas soluta est aut rerum. Quisquam odio dolorem distinctio est soluta enim non. Adipisci et quidem cumque aut facere rerum ratione quaerat.
Aut et perspiciatis aut dicta. Omnis consequatur voluptatem quos aut voluptas. Aut sunt perspiciatis consequuntur labore delectus. Odit totam dolorum ut et rerum facilis. Ab perspiciatis voluptas impedit dicta error ea. Quidem sunt sint iure sed voluptatem ullam minus. Sunt consectetur repudiandae vel.