Investment should (in my humble opinion) add value beyond just the acquisition and holding,
The definition of an investment is something on which you expect to make a return.
The key word is 'expect'. You cannot possibly expect to make a return on anything subjective such as watches or art. Dabbling in such holdings, for want of a better word, is pure speculation.
i think we’re basically saying the same thing, but your definition is narrower.
i’m talking about the return coming from additional benefits. Think of it in terms of the old school definition of investing capital.
To build something, to make something, to achieve something. There’s a tangible benefit beyond numbers on a P&L sheet. Too much emphasis on financial returns. But it was just an opinion.
For example I invest in my business. Returns up 225% on past 18 months.
Hiaeve said those looking to enter the watch investing game should look out for four names: Rolex, Audemars Piguet, Patek Philippe, and Richard Mille.
Adam Golden, the owner of Menta Watches, told GQ's Wolf back in April that while his overall watch sales had declined, the pandemic brought new opportunities his way — like a German client who wants to "park some money" in a $300,000 portfolio of watches instead of in the stock market and requested Golden's help putting that portfolio of "stable watches" together.
