The age of affluence

clock

We live in an age of such affluence that luxuries become mundane very quickly. Flying from London to...

We live in an age of such affluence that luxuries become mundane very quickly. Flying from London to New York for a weekend's shopping no longer seems very exclusive when any website can sell you return fares for a few hundred pounds. There's nothing special about jetting off to Thailand or buying a house in Provence. Everyone does that these days. In the 1950s, satirist Stephen Potter wrote a book called One-Upmanship, which he defined as the subtle, yet necessary, art of making your associates feel inferior to you, elevating your own status, and being generally one-up on them. In that s...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Partner Insight: Robeco Emerging Markets Equities strategy - Targeting alpha in a new world of growth

Partner Insight: Robeco Emerging Markets Equities strategy - Targeting alpha in a new world of growth

Jan de Bruijn, Director, Emerging Market Equities, Robeco
clock 06 June 2025 • 5 min read
Nedgroup Investments' Rob Burdett: It is time to move underweight equities

Nedgroup Investments' Rob Burdett: It is time to move underweight equities

Reducing exposure

Rob Burdett
clock 03 June 2025 • 2 min read
 CFA Institute's Matt Winters: Reform needed to fix company valuation and financials disconnect

CFA Institute's Matt Winters: Reform needed to fix company valuation and financials disconnect

Intangibles accounting needs improvement

Matt Winters
clock 16 May 2025 • 3 min read
Trustpilot