I can only agree. Hard.
replyIt's less about the horse, the speed, the actual genetics - it's all about the process, the appearance, the gate-keeping.
Country Clubs for horses (and cows, etc)
At some point moving up the luxury scale the price is less about product and more about buyer psychology.
replyI can sell a ripped t-shirt, but that same product coming from an upscale exclusive boutique owned by so-and-so’s wife is participation in a whole ecosystem with lots of signalling to other buyers in the same financial strata.
Yep. Some of my pants have rips and visibly bad stitching because I ripped them and am bad at stitching. Then I see people at the same parties buying brand new ripped pants. At least I fit in, I guess.
replyMemories of the Glock family and their horses ;)
replyTurns out they made a little more than just a few piddly guns...