People’s feelings are warm and cold, The World’s attitude is hot and cold.

When I have high status, people show respect, but what they respected are my high hat and broad belt. (in old days this signifies high status)
When I am destitute, people insult me but what they insult are my coarse clothes and straw sandals.
So since it is not me they respect, why should I feel happy? And since it is not me they insult, why should I feel angry?
Reputation, wealth, and status are all external things, so there is no reason to be happy when you get them or sad when you lose them. Superficial things cannot bring genuine happiness.