WatchProSite|Market|Digest

IWC

Nonsense

 

IWC is a fine brand, but the "LBSI" has never been correct about anything.  Their poorly designed survey and absurd definition of wealth (almost as silly as but much less costly than the Obama definitiion) produces obviously stupid and wrongheaded results every year.  In short, it has no face validity whatsover and is a waste of money for whoever pays for this useless exercise. 

Any graduate student in sociology could do a better job of surveying the wealthy for a $10,000 stipend if they had access to a large enough sample of wealthy respondents.  Therein lies the problem, as the "Institute" behind this con doesn't have access to wealthy respondents either.

Park

  login to reply