How can you tell if someone is a phony putting on airs, or actually wealthy?
The expression used in Texas is “All Hat & no Cattle.” Once I (Peter Taradash) had a chap meet me at a restaurant to discuss the sale of one of my properties requiring a multi-million dollar down payment. He arrives in a top of the line Mercedes. But I know from the license plates it was a rented car.
I admire the car and he says he has several more in that class including a Roller (Rolls Royce). Yeah -sure!
Clue #2 -Bragging
After lunch, I make no move to pick up the check . I indicate to the “big shot” that he ought to pay for our lunch… Why? Because I am nice enough to see him and offer him this super deal where he will make a fortune. Sure enough he says, “Gosh I forgot my wallet.”
Clue #3 – I forgot my wallet or making a quick exit before the bill comes.
I already suspected he was “All Hat & no Cattle” because when I asked him which bank his cash down payment would be coming from, he said “various,”—an evasion instead of giving me the name of bankers I could call & verify his “bona-fides.”
Absolute Proof #4 – He can’t or won’t show me a credible reference.
I don’t know why I have met so many of these time wasters who pretend they are able to make a big deal — when they have no such ability.
I have indicated here just how you can identify them pretty quickly.