The sorry truth about luxury watches as an 'investment'
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Are luxury watches a good investment?
Sylvester Stallone popped up on my Instagram the other day, trying to convince me that buying a luxury watch is a good idea.
Addressing the camera, he told an anecdote about being stopped on the street while wearing a Rolex:
“I was passing this guy once on the street and I was wearing a Rolex and he goes, ‘Wow, man, what that watch cost?’ I go, I guess at that time, ten, twelve thousand dollars. He goes, my watch cost $3, and we have the same time!”
Many people in the comments under the video pointed out that $3 watch guy made a good point, and it’s not clear that Sly — whose luxury watch collection is vast, according to Wrist Enthusiast — really got it.
Stallone ploughed on:
“And I go well that’s the point, it’s not a…