a bubble would imply an oversupply and no genuine demand. neither is true
their client base is tiny but so is their production
they have no competition in this top end of the market. comfort, weight, materials, performance
they focus on being exclusive with high barriers to entry
RM is doing everything right.. look at the pieces that they are coming out now. if you arent impressed by them on a horological or artistic level then they arent for you
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