Morgan Housel

And so I feel like there's just an endless well of interesting stories to tell about it.

So much of it is about your ambitions and who you think about yourself.

I'm not anti-materialistic at all, and I really don't judge other people.

But when I see somebody driving a yellow Lamborghini, I'm like, there's a story there.

There's a story there.

And it's not a judging story, but that's a story of who you want to be and what you want to show off.

Now, some people have expensive cars because they love the craftsmanship and the engineering and whatnot.

They're truly doing it for— Which is still a story.

It's still a story.

Right.

But whenever I see someone clearly peacocking, and there's a lot of it, you see it, there's a story in there.

I found this headline from 1929, which was the peak just before the Great Depression.

And it was such a good headline.

It was in the Washington Post.

It was, the more you are snubbed while poor, the more you enjoy displaying being rich.

And I was like, it's almost like you don't even need to read the article.

Like that's it.

That's so astute.

And I think so true that for a lot of people, not everybody, but for a lot of people, the more you are showing off or you just desire to show off, a lot of it is a wound that was inflicted upon you.

And you're like, I'm going to get back.