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gnatty8

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I can think of same logic apply for older cars too, not sure if the generation after would give a crap about it (so maybe that means by the time I retire I can get to buy whatever I want for cheap, assuming you can still get gas and drive ICE car that is)
True. Give it a couple of decades and maybe I'll finally be able to pick up my late 70s Smoky and the Bandit Trans Am on the cheap..
 

gnatty8

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Not true. A of of people in the digital space are getting into mechanical watches.
Again, I guess it depends on how we define a "lot" of people in terms of demand. There are probably hundreds of thousands if not millions of luxury watches in people's collections right now, so I guess it all depends on whether or not the small sliver of people coming up in this digital space will be enough to support prices at current or higher levels. I have my doubts personally. Millenials and Zoomers just don't seem to give a shit about things like this on average. Most people I know under 35 that have "made it" in banking or tech wear digital watches almost to a person. Maybe I'm wrong, time will tell.
 

clee1982

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Yea that’s pretty much what I saw too, a guy was interested in watch he got 2 relative omega (as in over 10k) back in 2016, and kind stop wearing them for a long time and just Apple Watch exclusively these days
 

Mollysdad

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Again, I guess it depends on how we define a "lot" of people in terms of demand. There are probably hundreds of thousands if not millions of luxury watches in people's collections right now, so I guess it all depends on whether or not the small sliver of people coming up in this digital space will be enough to support prices at current or higher levels. I have my doubts personally. Millenials and Zoomers just don't seem to give a shit about things like this on average. Most people I know under 35 that have "made it" in banking or tech wear digital watches almost to a person. Maybe I'm wrong, time will tell.
fitness > faux fashion
 

London

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Again, I guess it depends on how we define a "lot" of people in terms of demand. There are probably hundreds of thousands if not millions of luxury watches in people's collections right now, so I guess it all depends on whether or not the small sliver of people coming up in this digital space will be enough to support prices at current or higher levels. I have my doubts personally. Millenials and Zoomers just don't seem to give a shit about things like this on average. Most people I know under 35 that have "made it" in banking or tech wear digital watches almost to a person. Maybe I'm wrong, time will tell.
The more things go digital people want physical objects and touch
 

London

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Again, I guess it depends on how we define a "lot" of people in terms of demand. There are probably hundreds of thousands if not millions of luxury watches in people's collections right now, so I guess it all depends on whether or not the small sliver of people coming up in this digital space will be enough to support prices at current or higher levels. I have my doubts personally. Millenials and Zoomers just don't seem to give a shit about things like this on average. Most people I know under 35 that have "made it" in banking or tech wear digital watches almost to a person. Maybe I'm wrong, time will tell.
There is not a generational standard for people under 35. Consumer behavior is much more nuanced than that.
 

harveyrabbit

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This is all speculation, but as long as footballers, NBA players, rappers and musicians, movie stars and other influencers continue to rock Rolex and other high end watches, I don’t think prices are going down. A watch and wedding band have always been the most conventionally accepted men’s jewelry.
 

Lotuspath

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Really enjoying the watch discussion and seeing the time pieces.
There were some buzz words mentioned like status symbol and waste which fit the economist description of “conspicuous consumption” and also perhaps the other more psychologically distasteful term “invidious consumption”. A great example to me of invidious consumption is when you see someone on IG post a picture of themselves holding a tiny brown RRL shopping bag. Look, please envy me, I bought an expensive item ….. but you don’t even get to see the damn thing. A slight step above is when someone post a picture of the unopened item still in plastic wrap on their bed (????).

I kind of get the impression that watches as a status symbol fall into the same general category as expensive ladies handbags (both of which can be found at extremely incredible mark downs in back alleys of NYC Chinatown). I‘ve recently read that the new ultimate status symbol isn’t the expensive watch but rather ….. time itself.

The Elon Musk and Jeff Bezos of the world can’t possibly efficiently spend all their wealth so why continue to work when your lifespan is actually your most precious commodity? Is that maybe why these guys now feel the need to build space ships? Veblen wrote about “The Theory of the Leisure Class” and this new time-status-symbol is truly the flip of the coin.

BTW, when my nephew came to NYC on Spring break some years ago, he begged me to take him to Chinatown to buy a fake Rolex (approx. $50) and the biggest heapin’ helpin‘ of a belt buckle he could find. His reasoning? The guy with the biggest belt buckle rules the playground. Hmmmmm
 
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clee1982

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Well if I’m independent wealthy I’ll definitely fund research into robotics and space travel, then probably just go back to school to learn more math for fun… though would probably still get bunch watch and probably buy decent ton of clothes…
 

Mollysdad

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Well if I’m independent wealthy I’ll definitely fund research into robotics and space travel, then probably just go back to school to learn more math for fun… though would probably still get bunch watch and probably buy decent ton of clothes…
Use your employer’s continuing Ed benefits - no need to be independently wealthy there ??
 

clee1982

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I doubt anyone would fund me to get a theoretical math phd, and purely for just because reason... (also if I do that for real I wouldn't be able to do my job for real, theoretical math isn't something you do for fun on the side, not sure if I'm mentally capable to be honest, and speaking as an ex phd student in EE, i.e. my math is pretty dumb relative to that standard)
 

tweedlover

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It would seem that the most logical pairing of a watch with RRL, (at least if you're talking its southwestern-inspired pieces), would be a watch with a native American southwestern styled bracelet.
 

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