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Old 28 August 2010, 07:32 PM   #1
veidtadrian
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Wired on the "value" of a Rolex...

I have noticed various threads discussing/rationalizing the purchase of and value of a Rolex.

Here is what Wired magazine had to say...

"In “Why Do We Care About Luxury Brands?” Jonah Lehrer writes about what our continued desire for genuine Rolex watches, Hermes Bags and real (not sure ’nuff) iPhones has in common with our childhood objects of affection:

Although we outgrow stuffed animals, we never get beyond the irrational logic of authenticity and essentialism. There are certain things whose value depends largely on their legitimacy. While I might listen to bootleg music on my iPhone, I want the phone to be genuine. I want that Apple logo to be real. Why? Because the brand has effectively woven itself into my emotional brain. Because when I see that logo, I don’t see a functional object. Instead, I’ve learned to respond to everything that isn’t functional, all those subtle connotations conveyed in the glossy ads. There are many blankets in the world. But there is only one blankie. The best brands are blankies.

http://www.wired.com/gadgetlab/2010/...#ixzz0xtKpG0uj
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Old 28 August 2010, 07:49 PM   #2
dddrees
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Neat, thats another cool way to put it.
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Old 28 August 2010, 08:15 PM   #3
dysondiver
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it does ring true
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Old 29 August 2010, 12:49 AM   #4
fc3s2k
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So I am not crazy afterall like my wife stated! I'll let her read this article.
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Old 29 August 2010, 12:55 AM   #5
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Well put, thanks for sharing that!
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Old 29 August 2010, 01:29 AM   #6
ersnyder
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Good point of view, but "value" has 2 points of view. One is what the market will bear. Another is what an article is worth to you. Market value is important when investing. Personal worth is a whole other matter and appeals to more nebulous factors than return on investment. Rolex watches IMO fall into the latter category.
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Old 29 August 2010, 01:57 AM   #7
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Makes sense, I think.
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Old 29 August 2010, 02:07 AM   #8
BarkMaster
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Quote:
Originally Posted by ersnyder View Post
Good point of view, but "value" has 2 points of view. One is what the market will bear. Another is what an article is worth to you. Market value is important when investing. Personal worth is a whole other matter and appeals to more nebulous factors than return on investment. Rolex watches IMO fall into the latter category.
Agree 100%
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