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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (27328)	1/11/2003 4:01:41 PM
From: Cisco	Read Replies (1) \| Respond to of 74559

Actually, I think it is 80% of the people in the US hope that one day they can be in the top 1%. It is called the American Dream.

To: Moominoid who wrote (27328)	1/11/2003 5:55:59 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

Most Americans in the top 10% think they are in the middle... I know a guy who has a BMW AND an E-class Mercedes-Benz who was incredibly jealous that his friend in Texas had a bigger house than he had. He also said his Mercedes wasn't a REAL Mercedes because it wasn't an S-class... My guess is no matter where you live on Victoria Peak in Hong Kong, you look at all the people above you, not below. By the way, I have found Canadians to be mostly underconfident in there abilities, and Austrailians to be dangerously overconfident...especially if beer and machinery is involved.

To: Moominoid who wrote (27328)	1/13/2003 11:00:20 AM
From: AC Flyer	Read Replies (2) \| Respond to of 74559

>>Americans have a greater tendency to be overconfident of their abiltiies IMHO.<< Perhaps - but as an ex-Brit I can say that it is better to be semi-competent and obliviously optimistic (like many Americans) than semi-competent and passively cynical (like many Brits). While obliviously optimistic semi-competence can lead to a kind of clueless free-for-all (otherwise known as a cl***fk), at least in this scenario the truly competent get to move the ball forward.