Alan5 comments on Competent Elites - Less Wrong
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"Hedge-fund people sparkle with extra life force. At least the ones I've talked to. Large amounts of money seem to attract smart people."
That is impossible to dispute. Might the statement, though, indicate the happy glow of survivorship and the survivor bias? After all, what of all the other hedge fund people, smart ones no less, who were also attracted to large amounts of money, but whose fortunes fared less well? Some of the clues include multiple references to "aura," "sparkle," and "life force." Does framing such a group encounter in terms of social signaling help in accounting for these literally glowing impressions? If social signaling has explanatory power here, might it be the case that the signals carry more clearly and deliver more impact in this select, and therefore less "noisy" social environment?