WatchProSite|Market|Digest

Horological Meandering

Nice response.....

 

....and much of what you say resonates with me. Watches are not stocks and that element of passion may well be why the approach is different.....after all, I seem to need to keep adding watches to my collection but have absolutely no desire to keep adding stocks!!


Having said that, the purpose of my analogy was rather to look at a specific principle that I think could apply to both. Namely, if you only add a stock because it adds something better than what is already in a portfolio, then would one add a watch in the same way....because it adds something that is not already a part of a collection? Further, if one was only going to add a finite number of watches in the future (in my extreme example, just one) would that factor affect how one decided about that last purchase? Would it make one really more discriminating? I think this last question is pertinent to booth watches and stocks.

  login to reply