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Nice watch purchase discussion. Luxury watch as forced savings with networking benefits.

From Meta's Redemption Arc: Wall Street Is Buying the Muse Hype · jumps to 1:09:52 · speech

▶ Open at 1:09:52 on YouTube
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Depending on the watch that you buy at the very least, you probably won't lose money on it. if you buy a good watch, right? If you buy a nice Rolex or something that's already had its depreciation, it's a good model, good reference. I think that that's probably fine, right? It's not gonna lose its value. It's just like putting some money aside. It's like forced savings. You also get some benefits of having a nice watch. You feel good when you wear it. You know, if you're depending on what you do for work, it can help there. You're definitely gonna make connections. Any time I wear a nice watch, I'm on a plane, things like that. Other watch people, you connect with them. So there are advantages of having a nice watch, but in 19, do you need a 10 to 15K watch when that's 10 to 15% of your net worth?
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