As pertains to watches. So that no one thinks I’m trolling I’m just posting this here for people to read and discuss. My postion: I’ve accepted that watches are a rip off, they’re a collectible whose value is totally emotional, which means if not enough people are emotional enough about a particular watch, financially it’s worth zero – you can’t sell it – even the gold reclamation…

Obscene Prices, Declining Quality: Luxury Is in a Death Spiral