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14 October 2019, 03:57 PM | #61 | |
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14 October 2019, 05:59 PM | #62 | ||||
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RM makes nice watches but they are building a brand around being the most expensivist and exclusive game in town and that only lasts until there's a new most expensivist more exclusive new kid on the block. This is especially true for the billionaire class, they will definitely buy the next most expensivist thing too, and that's why RM is a fad. Tell me I'm wrong. What is RM investing in that will make it meaningful a generation from now? What does the brand stand for and does it have anything that the next future most expensivist brand can't buy? |
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14 October 2019, 07:43 PM | #63 | |
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I own a few RMs myself and I never think so much like you do ie about my next generation and whatever because honestly these are just my toys be it PP AP MB&F URWERK FPJ and Rolex etc.. I live in the moment. I buy what I like and I wear it. Don’t think too much. Life too short especially when I am almost half way through Cheers! Jen |
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14 October 2019, 08:15 PM | #64 |
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14 October 2019, 09:39 PM | #65 |
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14 October 2019, 09:46 PM | #66 |
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14 October 2019, 10:56 PM | #67 |
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Roman Sharf is a big AP and RM fan, and does some pretty fantastic videos.
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14 October 2019, 11:38 PM | #68 | |
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15 October 2019, 04:39 PM | #69 | |
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Ok. I'll try avoid getting into a long post, but your argument is, RM is a fad, that in X many years, will not longer be popular for whatever reason. You did mention value in your previous post which is why I discussed value in kind. For this, we need a crystal ball. But, there are "fads" that have stuck. In the 70s, stainless steel luxury watches were a 'fad', many years later, the Royal Oak and Nautilus say hi. Further I'd say all your examples are flawed. For example, the 911 isn't Porsche's most popular car. It is the most well-known, but as you said, Porsche almost went into bankruptcy. The Cayenne saved it. The SUV fad if you will. . Rolex does have heritage- there are at least 9 or 10 brands with a stronger heritage. PP, AP, Blancpain...even Seiko. Similarly, Rolex has released their fair share of offensive watches. Colourful jewels and dials with bright orange bezels etc. I think every brand has good/bad models. I would say that RM will be around for a long time for a few reasons - They have made many technological advancements- the fact that you have asked what they're doing or what they've accomplished shows that you don't know what they're pretty much universally recognised at being good at by the luxury watch industry. In the almost 20 years they've been around, they've accomplished a lot. (Won't go into details, you can easily google it and verify) - They make the most comfortable sports watches. - They use the best materials and a lot of complicated engineering goes into their watches. RM were the first to use many materials. The brand has close ties with F1 and supercar design language. Watches guys are normally car guys, RM guys, are almost always super car guys. - Unique design language whereby the case is always recognisable at a distance and the movement is always visible. - People don't just buy them because they're expensive, indeed it is a factor, but other brands have tried/failed the same strategy. Just making something expensive won't make people buy it, it needs other factors that make it appealing. So far all attempts to copy the RM model have failed. - Their limited supply model works. The company increased prices during a global economic recession, so pricing/demand won't really be an issue. So in summary, yes, one draw-card is being the most expensive/exclusive brand in the world. But that on its own is not enough. There are various factors behind the demand for RM watches today. Some of the most popular models are the earliest and oldest releases, value retention is phenomenal. In the end, neither of us can say whether it is a fad or not in the long run, but time will tell. However, in the current climate, prima facie, the brand is far from a fad. |
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15 October 2019, 05:01 PM | #70 |
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One point to add...
Do you guys realised there isn’t much RM fakes on the market? I mean there are but one look you can instantly tell it is a fake especially if you are already a RM owner. THIS is a very clear indicator on how much R&D are being deployed n the level of workmanship n the materials used is second to non. Hence it is almost impossible to do a proper imitation. Look at eg Rolex AP PANERAI n some PP fakes.. honestly.. you can fool me anytime. I really can’t tell the differences! |
15 October 2019, 08:17 PM | #71 |
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16 October 2019, 04:42 AM | #72 |
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This week I will receive an RM 67-02 which I paid a premium for, I've had a few RM's before as well, I just don't get it why people argue back and forth if the brand will be around in 10 years or not. Sure I do like if my watches hold value as much as possible and I am not a billionaire, but If at some point my RM is valued to zero I'm sure I will feel like damn, but I still do have the watch which I've been hunting down for two years.
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16 October 2019, 06:39 AM | #73 | |
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16 October 2019, 08:23 AM | #74 | |
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If RM's were in as much demand as Rolexes, the fakers will invest more time and money in getting as close as possible. Looking a the fake Rolexes, even the best ones (that sell for ~$700), are clearly fake if you're a Rolex fan/collector. Given that Rolex is as good as cash / bars of gold on the open market, the fakers have deemed those to be the most lucrative to spend their resources on. |
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16 October 2019, 09:09 AM | #75 | |
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Richard Mille RG RM030 || Richard Mille RM72ti || AP 26240 50TH Green Royal Oak Chrono || AP Royal Oak Blue JUMBO SS 15202ST || AP ROO Diver Green 15720ST || ♕ Rolex Platinum Daytona Diamond 116506 || Cartier Santos |
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16 October 2019, 09:54 PM | #76 | |
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LOL. Yeah sorry bud. |
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