You are absolutely correct. at a younger age, it's all about "seen and being seen", Everyone is sort of a cross between a peacock and a wolverine, lots of fancy feathers and prancing around, but always on the defensive if someone starts to "one up" them. The older you get, the more you realize, most other folks couldn't give a rats butt about who you are and what you have (Or act like you have). Most folks are content with who they are and what they are, and the need to impress falls off precipitously. I know, because I've been there, played the game, got tired of it and retired.
I used to be really into cars, I have had several Mercedes, BMW's and Range Rovers. All were pretty nice in various degrees of niceness, but we live in a small town about 90 miles from the closest dealer that carries those brands. I realized that I was becoming a slave to my cars, every time one needed service or repair, it was a mad dash to the dealer, usually after work, renting a car and then driving back to the dealer either the next day or two days later. around 400 miles total for a service! Crazy!! I told my wife the last time she wanted a new car, here is the deal. You can have anything that can be bought and serviced here, but I'm not buying anything that requires a 100 mile trip to the dealer. She decided she liked the Lincoln SUV and that's what she got. It might not be a sexy as the BMW, Mercedes or Lexus SUV's, but she can drive to the dealership, they loan her a car for running around town or shopping, and she picks up hers later. Same thing with young guys and watches, how much did it cost? and how the hell can that guy afford a Rolex!! Life is too short to spend a lot of time with the idiots who are so self centered and vain. Most of them think that it's OK for them to own a Rolex, but the other guys in the room just don't deserve to have one!