Quote:
Originally Posted by jamesthejeweller
My PE fund had majority interest in a fair few ADs, we moved out of this position as the grey market killed the Rolex AD business and turned the staff into nazis. I have distinct dislike for the UK Rolex market. I'll only buy in mainland EU or US now. I can share with you the mandate given to my local AD in Windsor Berks, and this is verbatim, was "... we only sell steel sports models to people to spent £150k a year with us..." totally gross ethics, but when the market corrects they may feel rather sheepish.
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Fair enough, it’s pretty obvious just from reading these boards that a lot of AD’s conduct their business in a way that excludes all but the super wealthy from acquiring certain models. It isn’t
all AD’s though. That’s where the luck part comes into it.