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Patek Philippe

Yeah, well

 

You’re getting
3x the CNC machinery
3x the marketing spend
3x the IG hype (make that 3 million x)
3x the profit margin (at least) (those megayachts don’t buy themselves)
3x the wait for servicing
3x the ultrahypermegaluxury


(I suppose this goes some of the way to answering those people who say that prices should rise to market equilibrium. They’re already way up: the industry is just sharing the profits with the speculators.)

Best

E.

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