... Buy or acquire a timepiece through processes that go through my heart and my head or some combination of both. The percentage of either that weighs into the final decision varies with the watch and over time. So you can say that I am right and/or left brain buyer. Those times I use my head, there is a logical and illogical component. And of course, some who know me well also know my total lack of self-control, or deferred gratification and there have been a fair number of accidental purchases where the credit card flies out on its own accord - I swear its true and I for some reason, I'm in a fugue state and cannot stop it!!
Over my 30 yrs of collecting watches (since the 1980s), I have come to live by these axiomatic paradigms:
- if you really like and want the watch, buy it. Don't over-think it and procrastinate
- there is one Law in watch collecting: Prices only go one way - Up.
- I have only regretted the watches that I DIDN'T. Not the ones that I did.. They represent missed opportunities that I would kick myself for. Eg the time I walked away from a Dufour Simplicity priced at CHF35k. Stupid, stupid, stupid!!
- Buy a watch early in its life cycle - once the prices have stabilized
- Buy for yourself and not for investment purposes. You will be sorely disappointed
- Purposeful, focused, theme based purchasing is a good thing, but a bit over-rated.
- I only buy from a trusted watch pimp
- beware vintage watches, unless you really know your stuff
- Never over-extend your credit. It is fiscally dangerous. If you are low on cash, maybe it is not meant to be
- one significant high value purchase is always better than multiple small purchases of watches that may be cosmetically attractive but not horologically significant. Sometimes, however, while waiting for your dream watch to come along, you may have difficulty abstaining from a "fun" purchase. Try and resist this.
- watch collecting is expensive nowadays. Try not to have too many vices unless you are financially sound. But few are nowadays.