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Benjamin Clymer and Jeffery Fowler on Hodinkee

Masters in Business

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The Importance of Breaking the Market

A lot of demand limited supply i think is driving speculation in the watch industry. I couldn't help but see a bloomberg headline last week rolex and petech investment beats s&p 500 gains over the past five years. If you went out and bought a bunch of rollies in a couple of paddocks yeah you outperform the market. Once you break the hundred thousand dollar market becomes a lot easier do it once and you can do all the time. The thought of like oh i'd love to have that for half a word that's goneYeah once you break that this is going to sound awful but here we are.

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