The philosophy of Ayn Rand, who had one of the leading noses of her era; states that one's virtue is measured in their ability to be a self-obsessed egotist. Easily characterized by their slavish adherence to irony, in that the foloowers of this 'individualistic' (read-spoiled) philosophy tend to be some of the biggest tools you'll ever meet.
Also notable for it's idea that there is no disagreement among rational minds-this is basically the philosophical equivalent of an 8-year-old kid playing Cops & Robbers who totally just got shot, but all of a sudden claims he has "special bullet proof invincibility armor." Whatever, kid. For more, see douchebaggery.
Many over-achieving high-school students, in deeming that their parents are failures, turn to objectivism to feel better about themselves, but they're really just putting off the inevitable.