yuppie’s necktie fallacy


fallacious belief that something must be good because you sh-lled out a lot of money for it. from the joke about two nouveau-riche types who are standing next to each other at a party wearing identical ties. one says, “i got this tie for five hundred euro”. the other says, “that’s nothing. i got mine for at least two thousand euro.” not to be confused with the princ-p-l that if you buy cheap, you get cheap … for a yuppie’s necktie is never cheap.
don’t spend a hundred grand on a car. only those who can’t see through the yuppie’s necktie fallacy do that.

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