Toby Stuart

Go to a middle school and everything that happens in the status world is going to happen there.

But one of the things is high status people tend to hang out with high status people.

And then that creates this like in the know group where there's information exchange.

And in some contexts, that's incredibly valuable information.

It might be valuable for determining who's cool.

It also might be valuable for determining where a job opening is coming or a part that you want or what stock is about to shoot.

There are information advantages to having high status people

because you tend to be around other people who have valuable information.

Anointment is this kind of a ritual.

And the idea is you had a status before and then there's a discrete jump.

So you've been anointed.

In your business, there's lots of ways to get anointed.

You get in the union, you get in SAG.

And then there's a whole pyramid all the way up.

Who's the most important person in Hollywood?

Steven Spielberg's assistant or casting agent or whatever.

And so it's this whole series of things.

And then you win the Academy Award.

You have a diploma.

You can list yourself as such.