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Recent content by Loathing

  1. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    Personally I don’t put much stock in something being essentially “German” or any other nationality. A Calatrava is a watch that was originally designed by an Englishman inspired by the German Bauhaus movement for a Swiss company founded by two Polish people. Patek’s Breuguet numerals don’t even...
  2. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    Your first paragraph is not right at all in terms of economic theory. Ultra luxury goods of this nature are defined as ones where demand is price inelastic or even inversely elastic (i.e., buyers are not sensitive to price increases, or even their demand increases as prices increase). That does...
  3. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    I have recently taken quite a liking to this Universal Genève. It’s a Gerald Genta design that doesn’t get much attention among people I know, and is a nice piece of history (designed in the early ‘50s for Scandinavian Airlines for their flagship flights across the North Pole to NYC from...
  4. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    5196 would be my choice. A lot of the others on that list aren’t really that classic. 5196 could not be more classic and the quality can’t be argued with. Plus they happen to look gorgeous.
  5. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    If you think market price is a reliable signal of quality then you don’t understand markets and you also seemingly don’t have eyeballs.
  6. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    Some people find the footnotes to history more interesting than the iconic personalities You don’t seem to adjust for the fact that people have fundamentally different personalities and preferences, and that personal preferences change over time not just because of learning more about the...
  7. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    Anecdotally I’ve heard wait times in London are shorter than they were. I would wait 4-6 months and ask them for interim status updates.
  8. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    I do wonder if these artificial supply constrictions by certain watchmakers and other luxury goods brands might be in breach of consumer rights law in certain jurisdictions, including England. If they are actually secretly holding back stock unless customers buy more expensive watches I can see...
  9. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    When you say everything is always changing you are only referring to one dimension: time. What about any number of other dimensions? Talk about linguistic sloppiness… If the thought experiment were as easy to resolve as you are suggesting then it wouldn’t be much of a philosophical problem.
  10. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    This is one of the oldest philosophical questions of Western philosophy — often referred to as the Ship of Theseus. There are plenty of proposed solutions to the thought experiment but ultimately your attitude towards the question is a matter or belief that can’t be rationalised. Although the...
  11. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    Are significant numbers of people really saying vintage Pateks are better made and finished? That seems like an untenable claim given the advances in computer aided precision tooling. I thought most people’s claim was that vintage Pateks look better rather than that they are better finished.
  12. Loathing

    Cool furniture, design objects and desiderata

    Royal shelving system is nice but not cheap. Carl Hansen also recently resuscitated a shelving system which is very nice but also very expensive:
  13. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    Thanks for this. Good read — but the thing is that in-house movements shouldn’t matter. The market structure of movement specialists/other OEMs supplying multiple watch brands was/is much more competitive and conducive to economies of scale/specialisation. As you will know, that’s how the...
  14. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    What are people's thoughts on this Patek? It's a 1974 Ref. 3602. It is a wildly unfashionable style at the moment with its hobnail/clous de Paris bezel and all-gold case and dial on a glossy black strap. For me it has a lot of charm, and because it's an unpopular model I think I could get one...
  15. Loathing

    The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

    I'm with you on Poundbury. The problem is the quality rather than the supposedly anachronistic style. The same applies to McMansions - the problem isn't that they imitate historic buildings but that they are such ill-proportioned and pale imitations. There's no logical justification (without...

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