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Odd things rich people are buying.....

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Odd things rich people are buying.....

Old 05-14-19, 12:14 PM
  #26  
hillyman
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I've never seen Bill Gates on a Fixie
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Old 05-14-19, 12:24 PM
  #27  
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FG Bike anywhere = Bike

FG Bike w/no brakes in San Francisco = you might have a point

Mind you, it's the no brakes part, not the FG part. Otherwise, apparently I was a billionaire when I was 6 years old.
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Old 05-14-19, 12:39 PM
  #28  
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I had trouble even finding the article amongst all the banner ads.
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Originally Posted by chandltp
There's no such thing as too far.. just lack of time
Originally Posted by noglider
People in this forum are not typical.
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Old 05-14-19, 01:02 PM
  #29  
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Here's some other stupid things people can do with their money ...

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Old 05-14-19, 01:05 PM
  #30  
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cycling innovation stopped in the mid 1990s. We are moving towards less gears for more money. I don´t think I will ever own a fixed gear because there are mountains where I live, lots of them.
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Old 05-14-19, 02:12 PM
  #31  
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Originally Posted by Obeast
cycling innovation stopped in the mid 1990s. We are moving towards less gears for more money. I don´t think I will ever own a fixed gear because there are mountains where I live, lots of them.
With all those mountains, its a good thing your bikes with cobbled together drivetrains work perfectly even though you cant use a bunch of the gear combinations.

Declaring cycling innovation stopped 20+ years ago may be even more absurd than you claiming your drivetrains work perfectly.
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Old 05-14-19, 02:38 PM
  #32  
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Originally Posted by Obeast
We are moving towards less gears for more money.
Uhh, no. More gears for more money.

Don't think there are a lot of $3k fixies out there.
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Old 05-14-19, 04:01 PM
  #33  
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I have nothing useful to add to this thread.

Just felt like posting a picture of one of my fixies, that's all.





-Tim-
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Old 05-14-19, 04:22 PM
  #34  
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According to the logic in that article, my non-functional snow thrower should be worth six figures.
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Old 05-14-19, 04:27 PM
  #35  
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Clickbait..
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Old 05-15-19, 06:55 AM
  #36  
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What to some here seems like not a lot of money also happened to get them the bicycles they wanted. That same amount of money would put food on quite a few peoples' plates in other countries. It also puts most of us here into the category of the rich. (I don't believe any of us have an obligation to help those people unless it means influencing their govts to alter their practices in order to improve their citizens' conditions )

I think it's spectacular marketing for someone to realize that people who want to flaunt their wealth would buy products which fulfill no discernable purpose other than to look functional. And then capitalize on it. Brilliant!

Last edited by shrtdstncrdr; 05-15-19 at 06:58 AM.
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Old 05-15-19, 08:07 AM
  #37  
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Originally Posted by Obeast
cycling innovation stopped in the mid 1990s. We are moving towards less gears for more money.
"We" (i.e. YOU) is moving from one self-fabricated generalization about bicycling and the public to another, each one more silly than the last.
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Old 05-15-19, 08:34 AM
  #38  
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Originally Posted by Trevtassie
If you think the majority of the rich earn all their money by working I've got a tower I'd like to sell you. Mostly they spend their time figuring out how to create money by manipulating the credit system.
At least Bill Gates is smart enough to realise he doesn't need all that money so he's giving a lot of it away through his foundation, probably because he did have to work hard at the start..
Many of them are born rich and managed to simply not lose it all (e.g., Donald Trump, many members of the Walton family), many get rich through financial manipulations that don't feed or house anyone and sometimes actively harm people (e.g., Wall Street types, and esp those who helped collapse the financial markets in 2008), and many of the rich started out with good ideas (in software, hardware, etc) and ended up with monopoly power that rewards them for curtailing production and colluding with (supposed) rivals, manipulating consumer demand, etc. (e.g., pretty much all of the big name tech companies).
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Old 05-15-19, 08:44 AM
  #39  
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Originally Posted by Obeast
cycling innovation stopped in the mid 1990s. We are moving towards less fewer gears for more money.
Uncorrect, but I FIFY anyway, mtba.
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Old 05-15-19, 08:48 AM
  #40  
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Originally Posted by hillyman
I've never seen Bill Gates on a Fixie
I've never seen Bill Gates. Not in the flesh anyway.
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Old 05-15-19, 09:14 AM
  #41  
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Man, I gotta get me one of them FG bikes to show off my wealth. Image is everything, you know.
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Old 05-15-19, 09:22 AM
  #42  
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Originally Posted by fishboat
Clickbait..
Well, no surprise that you're right about that, someone with your name should be able to recognize all kinds of bait.
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Old 05-15-19, 11:37 AM
  #43  
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I acquired my first fixie while in graduate school, supporting a family of 3 on ~$20K a year. Just sayin'.
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Old 05-15-19, 11:54 AM
  #44  
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Originally Posted by mcours2006
Man, I gotta get me one of them FG bikes to show off my wealth. Image is everything, you know.
I have a crappy old Subaru for that.

https://www.roadandtrack.com/car-cul...ionaires-love/
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Originally Posted by noglider
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Old 05-15-19, 12:38 PM
  #45  
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Originally Posted by wipekitty
I acquired my first fixie while in graduate school, supporting a family of 3 on ~$20K a year. Just sayin'.
Great, now someone will have to do a clickbait article claiming that extreme poverty is the newest fad among billionaires--because how else did you get the rich person bike?

I'm betting yours had brakes, though, so maybe that's the escape hatch for the silly article.
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Old 05-15-19, 01:26 PM
  #46  
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Originally Posted by ThermionicScott
I have a crappy old Subaru for that.

https://www.roadandtrack.com/car-cul...ionaires-love/
Same as in Lake Tahoe. Tons of Subarus.
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Old 05-15-19, 01:28 PM
  #47  
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How about a New Kia Telluride SUV
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Old 05-15-19, 04:35 PM
  #48  
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Originally Posted by indyfabz
I've never seen Bill Gates. Not in the flesh anyway.
That's surprising. He always trying to show everyone his watch that doesnt tell time
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Old 05-15-19, 05:27 PM
  #49  
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Originally Posted by Trevtassie
If you think the majority of the rich earn all their money by working I've got a tower I'd like to sell you. Mostly they spend their time figuring out how to create money by manipulating the credit system.
At least Bill Gates is smart enough to realise he doesn't need all that money so he's giving a lot of it away through his foundation, probably because he did have to work hard at the start..
Define rich and please explain to me how the majority of rich people get their money.
Do you know any rich people?
If you do, how did they get their money?
They certainly didn’t all inherit it
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Old 05-15-19, 06:44 PM
  #50  
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Originally Posted by downhillmaster
Define rich and please explain to me how the majority of rich people get their money.
Do you know any rich people?
If you do, how did they get their money?
They certainly didn’t all inherit it
It's better if you educate yourself about moiney and how it is created and circulates. But what can be said is that the proportion of "self made" billionaires is pretty low. They are prominent in the media and popular culture, because it gives us all hope that "there but for a bit of bad luck" go I, and who doesn't like a good luck story. The reality is most really wealthy people have had a good start in life, and that an average person has the deck stacked against them as they don't have access to the networks that enable them to leverage what assets (whether financial or intellectual) they have. Things have improved with the rise of the computer age I'll grant you, have a clever idea, meet the right people at the right time and you might get lucky.
And no I don't know any extremely wealthy currently since I don't have access to the world they circulate in, which is part of why I will never likely be upwardly mobile financially. I once did know a Greek shipping billionaire who was married to my then partners sister, but only saw them once a year when they came to our city for a yacht race. They slummed it at the best hotel in town. Of course compared to the vast majority of the worlds population I'm filthy rich, but not among my peers.
In terms of how the financial system works, pretty well any book by Satyajit Das is a good place to start, I can recommend Masters of the Universe and the Cult of Risk. Debt: The First 5000 years by David Graeber is another good place to start. How money is created is a fascinating topic, especially once you realize the government and (in the US case) the Fed have only a peripheral role in the whole process.
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