The Rationale Behind Flipping?

[ref1655]

countless threads about flipping this for that...having owned my 1655 for over 40 years, I still don't get the concept.

is it based on boredom, investment pipe dreams or simply bad choices? as far as being the 'first one on the block' to own a specific model, let's be clear...there will always be 'a new kid in town' with the newest and/or most expensive offering. that goes without saying.

the 'Rolex as an investment' philosophy/wishful thinking is also full of holes. unless it's a vintage/collectible timepiece which you either purchased new or paid dearly for later down the road, there are probably far better investment options to consider.

like classic BMWs, the esoteric nature of owning a Rolex seems to be lost amongst the countless newbies & Veblen oriented consumers.