> Expensive tailored suit, fist-bitingly expensive wristwatch, huge house in an expensive area, very new luxury car... I could go on and on.

Yeah. Right. Because there is no such thing as credit.

People that display expensive things don't project outstanding competence. They project just that they value displaying expensive things.

And that's usually something (I just speak from my experience) that inversely correlates with thoughtfulness and competence.