#39 - Wealth inequality vs Tinder
What I’m Watching
As I’m in the midst of starting my own podcast and carrying out research I’ve discovered Jay Shetty’s podcast. He brings in a lot of high-profile guests and is worth a watch/listen.
Resource of the week
Those into photography will have heard of Carl Zeiss, who manufactures some of the most renowned optical equipment in the world among their offerings. They actually also sell a cleaning spray for laptops, glasses and camera lenses which I have exclusively used for a long time. It’s a no-brainer when compared to some of the off-brand rubbish third-party sellers have on Amazon.
Quote
“The world will ask who you are, and if you do not know, the world will tell you.”
Carl Jung
Thoughts
So this week I came across this article talking about male prospects on Tinder. Long story short it concludes that if you’re a straight male, unless you’re exceptionally attractive, it’s pointless going on apps like Tinder. Why?
Here’s an extract from the article: “it was determined that a man of average attractiveness would be “liked” by approximately 0.87% (1 in 115) of women on Tinder”.
That is pretty insane, I didn’t expect it to be that extreme. Especially considering a small proportion of ‘likes’ convert to a meaningful conversation of which a small proportion leads to a date of which most leads to nowhere. Based on this I would have to agree with the conclusion.
What’s hilarious is that it compares Tinder to national economies: the Tinder economy inequality is worse than 95.1% of all the world’s national economies.
So basically, just like financial wealth, even if you’re above average you’re still not likely to have much. You have to be an elite to get the lion's share of wealth. Meaning that guys should get off Tinder and you’re better off doing things the old-fashioned way!
On a different note, I’ve started a new podcast series on my TikTok where I’m beginning to post snippets of my chat with David Johnstone (CEO of LEO Crowdfunding), with clips from the rest of the interview to come out every other day. I also plan to start a separate podcast channel where I can post the full thing, so stay tuned for that!
Over the long term, I intend to make this a regular occurrence with my next guest lined up in January who is the Managing Director of a commercial finance company, which I’m very excited about. If there are any specific questions you’d like me to ask feel free to hit reply and let me know!
Now that the BTL property in Derby has been completed I am back in the market for my next investment. I am a little apprehensive since the latest rates mean that returns are squeezed harder than ever and it will be challenging to find something that fits. So I'm broadening my horizons this time around to look at alternative strategies, working with property sourcers and being more open-minded and flexible with the current market conditions depending on how things go. But as always I’ll be documenting the whole process on here and TikTok.
Hope that was useful. Have a good week!
Hans