What's up guys?

So the three of us are finally together talking about watches.

You know, we're going to talk about why people get into watches, why watches might be a good idea for an investment.

In particular, Rolex. We'll just kind of wing it and talk about it.

Okay, so he just showed up in my house today and wanted to do this.

I'm unprepared. I am into watches, but I'm not like a fanatic like these guys.

In fact, I had forgotten even the serial number to this watch, but...

Reference number.

Reference number. See? See? See? I'm not a huge watch guy. I'm not. I'm not.

I'm much more into cars and surfing, but...

True.

Yeah, but I like watches.

I do like watches, but for me, I was just telling Chris...

More as a decor.

It's more decorative for me. You know, I wear it as more for fashion, you know.

I do like nice things, but you know, they aren't the measure of me.

Even if these things disappeared, I would still be me.

That's something that I've said on Instagram, right?

But back to what Sonny was saying.

Yes, I think when people get into society, I think instead of, you know, throwing your money away at cars or like, you know, clothes or going out.

I think buying a watch is a pretty good investment, especially with inflation at what it is now.

You know, this is a 16818, right?

Is that what?

Uh, 16618.

I don't know.

Is it 16618?

Anyways, somebody tell me, okay?

This is... All right.

This watch I bought maybe two and a half years ago.

Right when the pandemic was starting.

I think I bought it for real sweat.

20,000 USD.

And it's worth...

That's fucking cheap, though.

It's worth what?

Well, I would say it's a little over 1 million now.

NTD.

So basically, I close to doubled my money.

You know what I'm saying?

But you did get an amazing deal.

I did get an amazing deal.

I bought it off my brother.

Shout out to Jerry Yeh, you know?

You should have sold it to me, Jerry.

Come on, big bro.

Other watches I've made money on.

Like I told you, man, it beats inflation for sure.

It's better than putting the money in your bank or spending it on clothes and cars and going out and whatever, right?

That's my take on it.

What do you think, man?

What do you think, Chris?

Well, of course, I think Rolex is one of the best investments you can do in the watch market.

Like besides, of course, you have the flashy and more fancy pieces like AP and Patek out there.

But I think solid piece, most reliable piece is a Rolex.

So I also wear this one almost every day.

I got other watches as well.

But this is I think a 114060.

So there's a Submariner No-Date, the very original Submariner.

And I just think it's a perfect daily beaver.

It's for me, watches is more like a personality thing.

It's like what car you drive, what watch you wear.

That says a lot about you, actually.

That's my take on it.

Now, I think the question was, you know, why people buy Rolex?

I had a certain budget and it was 2016.

And I was like, I have to get something special for myself and something for my personality, something that suits me.

I got two at once.

So I got the Deepsea that time and I got the Daytona.

And you got it at the AD?

Yeah, I got it at the AD.

I got it in Singapore at Hourglass.

And that was, I was so proud of it.

That was when you could still get them.

Yeah, exactly.

Yeah, I just wanted to get them anymore.

2016.

And I just wanted to say, I actually walked into Patek and they offered me that time a Nautilus with discount and an Aquanaut.

And I was like, no, man, I'm going to get my Rolex.

I'm waiting for my Daytona.

And I thought that's a special thing because like, you know,

Rolex is like one of the most gifted presents you get when you turn 18 or when you like, when you achieve something.

The coming of age present.

Definitely a statement as well.

They set a symbol.

And for me, exactly.

I think also the background, the history of Rolex.

I like it very much.

Found it from Hans Wilsdorf, a German guy.

Okay.

You would know that.

Of course.

So for me, it's a little bit different.

My dad told me a gold Rolex is 出来荤的基本款

You know, it's a status symbol, but it's also, I feel like it's got, it's got a little bit of a streetness to it.

You know what I'm saying?

Streetness.

Yeah. You know what I'm saying?

For sure.

It's gangster.

It's gangster.

It's gangster.

Yeah.

It's the one you see in every movie on some gangster.

This is actually the second EWC thing I've ever done.

The first one that I've done, I talked about this, right?

So I think it is...

I agree with him because I travel a lot.

And every time I travel, I always take like one, two, three watches with me.

No matter if I go to Dubai or London or even Philippines,

I wear it just on my wrist.

Because if you get robbed, like if your passport, everything is gone.

You have, you don't even have cash.

If you have a Rolex, you just go to the next...

And you get cash with it.

True.

But now people are stealing watches.

Exactly. You have to be careful.

Now you got to be careful.

You know, so people are stealing watches, especially while traveling.

So, but what you're saying, going back to, you know, it's a street cred thing, but also it has a store of value, right?

So it is a currency now.

So why do people get Rolex?

I feel like, do you remember back in the day, even before the whole hype, we would always say you get 80 cents or 85 cents back to the dollar, right?

Now you get above that problem.

You get at least your dollar back, right?

At least your dollar back.

But if you can get it at the AD, well, you're making money.

If you get the secondhand market, I guess it depends, right?

It depends on the watches.

But gold watches, as you were saying, it's kind of like, it's gold now.

Gold has a standard currency, right?

We look at it, it has its own index.

So it is a currency.

Watches to me have almost become a currency.

And I guess that's what you guys are saying too.

The way I look at watches sometimes, is it an investment?

For me, to be honest, yes, I think it is an investment.

And I think Rolex is a very safe investment.

Now we have crazy inflation.

But if you look at it from the flip side, as a brand,

Rolex actually increases its MSRP every year by a couple percent, right?

Yeah, I think up to 5%.

Yeah, same thing with Porsche.

So that's why I always correlate these two, Porsche and Rolex.

They're always raising the MSRP, trying to beat the inflation.

So when you're buying something, you feel like it's worth the value.

And the value will keep going up.

So I think for, you know, all of our younger viewers out there, this vlog, I just kind of wanted to just let everyone know, there's lots of perspectives.

Lots of different ways to look at watches.

It's like a fucking luxury item, right?

But they have to understand that with inflation and what it is now, it is a solid investment.

It's better than putting the money in your bank.

You're losing money, like, in the bank.

You know what I'm saying?

If inflation is 7%, 8%, 10%, 11%, that means $100 saved in the bank last year is only worth $89, $90 this year.

You know what I'm saying?

You're not getting that much interest.

You're not getting any interest, you know?

And I don't even want to get into all of the banking problems that we're seeing throughout the world.

This topic, we can actually talk about.

Let's just talk about watches.

Let's take the watches.

So watches, I mean, it's better than putting it in the bank, okay?

So why not, right?

Rolex, I'm looking for a fucking plug.

Yeah, man.

Rolex, hook us up.

Hook us up, dawg.

Hook us up.

Take us to Geneva, you know?

Like, I want to go to Watches and Wonders, all right?

Take us.

Yeah.

And another thing for me is, the reason I buy Rolex is,

I feel like there are more expensive Rolexes.

He buys, like, the rarer shit.

But for me, I feel like,

I mean, these guys, he's wearing, like, fucking

How do you even wear that out?

So for me, I love watches so much.

So I always try to, you know, find or seek out something super rare.

You know, it's just like, maybe you with art, you know?

Like, you love art so much because you see the value in it.

Well, it just makes me feel a certain way when I look at it, right?

Exactly, right?

But how do you let go of something?

Because, you know, when you guys are going to buy your first nice luxury watch, are you going to keep that forever?

That should be something that you should think about.

Like, for him, he's a hoarder.

He doesn't sell.

He just buys and buys and buys.

You, sometimes, you know, you buy to a certain point, and then you sell and you get something else that you like.

But your cycle is every three to five years, something like that.

But him...

I buy the watches not as an investment, as I said.

If I like a watch and I wear it, I do everything with my watches.

I really go diving with my rose gold AP.

I just see them as a tool watch.

Yeah, because you actually use it.

You love it, you make the money.

So I think all different perspectives are all good.

True story, true story.

My 40 millimeter Day-Date, I got drunk over one last Christmas, a couple of Christmases ago.

I knew I was drunk, and the next morning, the glass broke.

I still have that photo.

Somewhere, I'll plug it in for you guys.

And the next morning, when I woke up, when I saw the broken glass, and then I sent it to Woody to get fixed.

And so my watch is a used car, that's right.

So I won't sell it, so you won't buy a used car.

You don't have to worry.

But the next morning, when I woke up, I realized that the watch I'm wearing is about the same.

Because it's not very heavy.

If it was a little more expensive, I think it would be too heavy.

Yeah, man, so I...

They're so careful with their watches.

Yeah, I'm very careful.

Well, I mean, hey, even...

I'm a fucking brute with it, right?

This is the yellow gold Daytona black dial with diamond markers.

I did put protective wrapping over it, even though it's an everyday watch for me.

But I just...

Yeah, I protect my watches, man.

Yeah, he takes super good care.

I gotta baby my watches.

But that's another perspective.

Like, if you look at watches, it's also the story behind it.

Like, how did you get it?

What happened to it on the journey?

Well, I think that's the part where something is meaningful, you know?

And if you get into a nice watch, whether it's Rolex or not, when you have a nice watch, there's a lot of meaning behind it, right?

I remember my grandfather gifted me a watch when I graduated high school.

It was actually a Cartier.