Frankly Newbee the discussion is not concerning your naeivity on any particular subject. However, there is a reason that Companies such as Burberry and Louis Vutton are worth over 15 billion dollars.
I am very well versed in this field of knowledge, in Economics and Finance, and working in a high income industry shows you a lot of examples such as the ones I am trying to explain, But if you get to the core reason of why Bob bought that Rolex its because he’s waving in your face ” I can buy it and you can’t! Look at me”