[RichardHeart]

I've got $8M of watches. Their utility to me is just to brag about them. Which is funny, because I'm only met with downvotes whenever I do :). But therein lies the rub. At a distance, people hate, but up close, they love. It's a perceived distance to cooperation. There's ingroup profit in hate at a distance. But when you can join a better in group, or add a new asset to the one you're in, it turns to love. Thus, I consider collectibles of all forms, a combination of social value plus a dash of scarcity mindset. Also, I believe the top is in, and watch values will go down along side equities with rising interest rates.

[zmgsabst]

“I have two retirements worth of watches” is obviously the kind of bragging that puts people off.

It’s purely a show of higher social status which reminds them of suffering in their own life — and how they will be unable to retire no matter how hard they work. You’re making a triviality of their entire struggle in life.

That kind of garish wealth display has led to the downfall and deaths of many aristocrats throughout history.

[clpm4j]

https://richardheart.com/ Are you for real? You look like someone straight out of central casting for the next ponzi scheme docu-series on Netflix.

[RichardHeart]

You're half right? thehighestofstakes.com

[iamben]

That's great! Do you have a favourite? Do you store them or wear them? What's your daily driver?

To a much lesser extent (financially!) I was a bit of a sneakerhead. I still have unworn pairs but recently I've made a thing of wearing everything I own (because life is short!). But man, I horded! So curious about your collection though!

[RichardHeart]

My daily would be the ROLEX rose gold SARU full diamond bracelet and dial. Like collecting keyboards, once you find your end game, you really don't want to go back to anything else much. So thought I've got 26 watches or so, I really only want to wear the best of them usually. I veer from that if I'm wearing a unique color clothes, like leopard print or green, then I might switch to one of those watches. So the answer I guess is mostly storage. I embrace the idea that owning things should be fun, so wearing them is totally in the game. That being said, I don't actually use them to tell time, so I don't bother winding them anymore, they're just jewelry to me, and sometimes I'll wear one on each arm. This makes watch enthusiasts very angry. I strip away the complexity and show that it's really all just flexing, and our phones all do a better job telling time :)

[dendriti]

I feel sorry for you.

[RichardHeart]

:) https://www.youtube.com/watch?v=LlOSdRMSG_k

[samsin]

Your other comment suggests otherwise :)

[mynameishere]

That's nice. I've got $8M of baseball cards. Says right here in this book.