Quote:
Originally Posted by GreenLantern
And that's why I'm saying it's shortsighted for RM. It's shortsighted because they're painting themselves into a corner that'll be hard to get out of during the next cyclical downturn.
RM doesn't have the resources Patek or Rolex have. Also, it's not impossible to get a Daytona, 5711, 15202. But it appears to be close to impossible to get an RM 11-03.
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I disagree. I imagine they have less overhead and higher margins than other brands. Also, downturns don’t affect the top .00001%. Any upper middle class dude with a good bonus can cop a Daytona or 5711. Milles are for the ultra wealthy. When bitcoin drops again or the market crashes, they’ll still have their millions.