[thegenius]

Not at all. You're discounting the fact that $50 is a month's wages to some people in some countries or that a loaf of bread cost a wheelbarrow's full of trillion dollar bills in Zimbabwe. A person might buy a watch like that because the amount is disposable, and they like the craftsmanship. It's you're assumption they're trying to impress people because you've formed a value system through your experiences in life, and you can't see it through any other lens that your own.

Someone who can buy a $2.75 M dollar watch likely looks at life very different than you do whether they go and buy a watch like that or not. Don't assume people who get what they want are naive, greedy, vain etc. They might have different reasons that on a relative basis are just as good as any you'd have.

[smt88]

I already agreed that, depending on the goal, it's a good decision. Sure, craftsmanship could be their reason. I find it unlikely that there aren't any $100k watches that approach the quality or aesthetic appeal, but it's certainly possible.

It's not just that the watch is $2.75M. It's just that the markup is so high. It's being sold for that price just to sell it for that price. It's not like paying for the construction of a $2.75M house, which might cost nearly that much to build.

And as far as conforming to my value system, I acknowledged that there was subjectivity in my reaction. But I don't have any problem with that. I also wouldn't mind including my own subjective morality when criticizing Bernie Madoff or John Wayne Gacy. Value systems may be individual and entirely relative, but our society has agreed on some useful tenets that I happily subscribe to (don't harm others, don't be greedy, etc.)

[thegenius]

Fair enough - I can appreciate your point of view and logic.