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Are The LOOK Folks Dumb?

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Old 11-04-12, 01:40 PM
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Originally Posted by cruiserhead
There is no correlation between money and intelligence.
Actually there is.
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Old 11-04-12, 04:16 PM
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Originally Posted by gregf83
Actually there is.
He's thinking of wisdom.
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Old 11-04-12, 04:22 PM
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Can't we just waste our time arguing about something we can find an answer for? Like what the best wheels are?
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Old 11-04-12, 05:22 PM
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Originally Posted by gregf83
Actually there is.
I work in the entertainment business. No, there isn't.
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Old 11-04-12, 05:30 PM
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I bought a Colnago C59 in JUne of this year.

I would have bought the polka dot TdF commemorative C59 if I did not already own a C59.

If I was a Lemond fan, I would have probably popped for the LOOK bike.
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Old 11-04-12, 05:34 PM
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Originally Posted by cruiserhead
I work in the entertainment business. No, there isn't.
Rich people just lucked into their money?
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Old 11-04-12, 05:43 PM
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If I could justify a Look 695, it'd be my frameset of choice. Not sure about the special edition one though.
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Old 11-04-12, 08:22 PM
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Ugh, usually I like matte black, but somehow they messed it up with this one. No idea how.
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Old 11-04-12, 09:03 PM
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Originally Posted by triumph.1
Ya, most of the posts are like a pack of wolves circling their prey waiting for a hint of fear or the smell of blood and once that fine line is drawn and crossed it's in for the kill so to speak. I have never seen a forum with so many threads that go into a tail spin for no real reason as I have here.
How astute of you....
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Old 11-05-12, 06:20 AM
  #135  
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Originally Posted by eja_ bottecchia
Rich people just lucked into their money?
By the lottery of birth, yes. There is a great deal of research on social mobility in the study of social inequality - tracking people over the course of their lives, and how their economic circumstances change. This is not an ideological question, it is an empirical one, and there is a lot of empirical evidence on this.

The hard data is unequivocal - out of OECD countries (ie developed/ industrialized countries), the USA has the lowest level of social mobility, and social mobility has plummeted in the USA over the last couple of generations (since the late 1970s).

What does this mean? It means that the single greatest predictor of one's life chances in the USA are determined by the economic position of one's parents. Rich people, with very few exceptions (and fewer every year...), were born rich. So yes, they did luck into their money. The best way to become a millionaire is to be born one.
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Old 11-05-12, 09:23 AM
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Originally Posted by Wesley36
By the lottery of birth, yes. There is a great deal of research on social mobility in the study of social inequality - tracking people over the course of their lives, and how their economic circumstances change. This is not an ideological question, it is an empirical one, and there is a lot of empirical evidence on this.

The hard data is unequivocal - out of OECD countries (ie developed/ industrialized countries), the USA has the lowest level of social mobility, and social mobility has plummeted in the USA over the last couple of generations (since the late 1970s).

What does this mean? It means that the single greatest predictor of one's life chances in the USA are determined by the economic position of one's parents. Rich people, with very few exceptions (and fewer every year...), were born rich. So yes, they did luck into their money. The best way to become a millionaire is to be born one.
I agree, the best way is to be born into it. I wish I was. However, none of the fair number I know were. Of course being a millionaire today aint what it used to be. I wouldn't call it wealthy. We need a new term...for somebody that has at least 10 million.
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Old 11-05-12, 10:23 AM
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Originally Posted by cruiserhead
I work in the entertainment business. No, there isn't.
Despite what you might think, there is a world beyond the entertainment business. I agree in the your world looks, not brains are have a higher correlation to income.
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Old 11-05-12, 10:35 AM
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Originally Posted by Wesley36
Rich people, with very few exceptions (and fewer every year...), were born rich. So yes, they did luck into their money. The best way to become a millionaire is to be born one.
I think you're exaggerating a little. This article Harder for Americans to Rise From Lower Rungs indicated that 26% of the people raised in the top tenth of income stay there. That means most of the people in the top 10th weren't 'born' there.
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Old 11-05-12, 10:42 AM
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LOOK is a boutique brand. $7.5K for this frameset is not insane....just like $1,500 for a burberry pea coat is not insane. There is a market for it. It doesn't take a genius to see what LOOK is doing here. They have a premium image and need to have it premium priced of their brand gets de-valued. Go to their website and "look" around, they even have clothing boutiques with very high end clothes. It's simply the image the company wanted to convey.

Ferrari all the time comes out with limited editions for thousands and thousands of dollars more. Is it a better car? no, usually it's just a new paint scheme and maybe some red stitching in the seats or some dragon badging (year of the dragon 458 italia edition) but it's limited in quantity and it commands a high price and people buy it.
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Old 11-05-12, 10:48 AM
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Originally Posted by gregf83
Despite what you might think, there is a world beyond the entertainment business. I agree in the your world looks, not brains are have a higher correlation to income.
Well said!
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Old 11-05-12, 10:49 AM
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Originally Posted by gregf83
I think you're exaggerating a little. This article Harder for Americans to Rise From Lower Rungs indicated that 26% of the people raised in the top tenth of income stay there. That means most of the people in the top 10th weren't 'born' there.
Indeed!
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Old 11-05-12, 01:07 PM
  #142  
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Originally Posted by Wesley36
By the lottery of birth, yes. There is a great deal of research on social mobility in the study of social inequality - tracking people over the course of their lives, and how their economic circumstances change. This is not an ideological question, it is an empirical one, and there is a lot of empirical evidence on this.

The hard data is unequivocal - out of OECD countries (ie developed/ industrialized countries), the USA has the lowest level of social mobility, and social mobility has plummeted in the USA over the last couple of generations (since the late 1970s).

What does this mean? It means that the single greatest predictor of one's life chances in the USA are determined by the economic position of one's parents. Rich people, with very few exceptions (and fewer every year...), were born rich. So yes, they did luck into their money. The best way to become a millionaire is to be born one.
Then how do you explain my wife's family: Grand Parents, working class, did not complete High School. Their 3 children, one gets a Masters Degree, and rises to a high six figure income as a Corporate Executive, one gets a Bachelors, and has a solid middle class life, one does not complete high school, and scrapes along in the lower middle class.

2 children of the lowest achieving son; one completes high school and is struggling to maintain a middle to lower middle class existence, the other one gets a BA, an MD, and an MBA, becomes a senior exeuctive, and is part of the 1%.

All these people had the same tickets in the lottery, and ended up in very different places by the choices they made, and possibly to a lesser degree their intelligence ( although its difficult to say whether superior academic performance was due to intelligence, or application.)
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Old 11-05-12, 01:17 PM
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Originally Posted by merlinextraligh
Then how do you explain my wife's family... /snip
Nowhere did he say that it's impossible for someone to change their lot in life, just that's it's becoming increasingly difficult.
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Old 11-05-12, 01:24 PM
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Originally Posted by WhyFi
Nowhere did he say that it's impossible for someone to change their lot in life, just that's it's becoming increasingly difficult.
It's actually not. There's a very simple way to do it. Go to school, study hard. Anyone in this country that wants a college education can get it. And having a college education greatly increases your potential to be monetarily comfortable, if not affluent.

Many people make lousy choices, and the collective weight of those bad choices get them to bad places. That doesn't mean you can't succeed if you make good choices.

I get the data, that where your born as a statistical matter has a signficant influence on where you end up, on a population basis. That in no way means that an idividual cannot control to great degree how successful they are by the choices they make.
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Old 11-05-12, 01:35 PM
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Old 11-05-12, 03:36 PM
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very entertaining stuff going on right here.. keep er goin'!
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Old 11-05-12, 03:54 PM
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How has this thread not been junked over to the trash bin known as P&R yet?
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Old 11-05-12, 07:52 PM
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Originally Posted by himespau
How has this thread not been junked over to the trash bin known as P&R yet?
I don't know. Not for a lack of effort on my part.
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Old 11-05-12, 09:05 PM
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Originally Posted by merlinextraligh
I don't know. Not for a lack of effort on my part.
Your efforts were too over-the-top to be taken seriously, hence the non-ejection.
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Old 11-06-12, 02:35 PM
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This is a great thread! A lot of useless information and even name-calling! Keep it going!!!

As for me, I may order the cheaper Asian-variant and put my own Look decals on it and play the part. Hopefully it won't crumble on the Montrose ride...
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