Watches are worthwhile investments. Of course not all watches, but only certain ones, special ones, selected ones. But not so special that you could not just buy them. At least some of them. How to recognize what in this form of investment pays off, this book is all about. Like all luxury goods, a watch must be rare and in demand to rise in value. Therefore, all consumer goods decrease in value – but not luxury goods: Luxury goods are rare, not available, scarce, durable and timeless, thus stable in value and therefore in demand. This book will give you all the details of investing in luxury watches in a nutshell and focused on the crucial information, so once you've read it, you immediately can go and buy your first watch as an investment.
- An important new reference for all Rolex lovers and collectors - Written by experts Osvaldo Patrizzi and Mara Cappelletti and introduced by the Chairman of Sotheby's International Watch Division, Daryn F. Schnipper - 385 key models, with analysis of details and prices realized at auction - Contains a history of luxury wristwatch auctions and relevant information for collectors looking to invest - The first part of a series, with Investing in Wristwatches: Patek Philippe to follow Why do we collect? For some, it is a pursuit of pure passion - those who appreciate the wristwatch as an artform: the intricacy of its mechanics, the finesse of its form. Yet for others, collecting is an investment, and a watch's value is of as much importance as its appearance. All collectors ought to have a guide to models and market value. Investing in Wristwatches: Rolex offers detailed insights into the world of authenticating and pricing high-value wristwatches, which will be of use to collectors from amateur to connoisseur. This publication includes the vast majority of key Rolex models, along with their relevant auction results. The timepieces featured have been carefully selected by Senior Horological Expert, Osvaldo Patrizzi. These wristwatches excel for a diverse range of reasons, including technical excellence, auction records, design and anecdotal history. A description of each watch is accompanied by its picture, reference and sales values (rights included). A comparative analysis of auction results, compiled through close collaboration with the Sotheby's auction house, shows, by brand and timepiece, the evolution of prices over time, leading from the Eighties up to the present day. A system to calculate the currency exchange rate at the time of auction sales will also be included in this vital work of reference.
The indispensable guide for investing in luxury watches. Build a watch collection that will not only grow in value but also bring joy on the wrist. According to Bloomberg, multiple luxury watches have outperformed vintage cars, Bitcoin and other crypto currencies in 2022. Market prices for some Rolex, Patek Philippe, Vacheron Constantin and Audemars Piguet references have more than doubled over the past two years and auction records keep being set month after month. In the watchmaking industry, knowledge is power and properly navigating this landmine is key to make wise investment decisions. With Invest in Watches: The Art of Watch Collecting you will understand the crucial elements to realize good watch investments by learning what makes a worthy investment, how to properly estimate the value of a watch, how to sell a watch at a profit, what are the costs of owning a watch, how to acquire a watch on a wait list, how to buy at auctions, tips for watch repair and many more including a list of watches (and clocks) to keep on the radar. Not only providing concrete examples of valuable watch investments, Invest in Watches: The Art of Watch Collecting is also a journey in the fascinating world of horology through the eyes of a watch collector whose passion is contagious. Both modern and vintage watches are covered and whether a watch expert or complete beginner, you will discover hundreds of watches to invest in from brands such as Rolex, Patek Philippe, Audemars Piguet, Vacheron Constantin, Cartier, Jaeger-LeCoultre, Omega, Tag Heuer and many more including independent watchmakers. “Investors who earned big returns in tech stocks and crypto currencies are now looking to pre-owned watches as the next hot asset class”. —Bloomberg "A great read and strongly recommended for those interested in taking their luxury watch collecting to the next level and unpacking the booming trading value of select pieces." —Teddy Baldassarre "Don't ask me which watch to buy, just go get the book!" —Andrea Casalegno, IamCasa "Rarely have I been so enthusiastic about a book. It has a clear and understandable structure and is well researched and prepared. You can feel the passion for watches in every line – on every page – beware of the risk of addiction." —Karl Heinz Nuber, Tourbillon Magazine "This book is the perfect guide for understanding how to invest wisely in watches. It's also simply a lot of fun and super interesting to read for anyone who loves watchmaking." —Alex G, editor of madeinbienne.ch Marc Montagne is a watch industry professional and a collector himself. He founded the Toolwatch.io & WatchAuctionHQ.com apps used by over 150’000 watch enthusiasts around the world. Marc also hosts Repetition Minute, France’s first podcast about watches, gathering tens of thousands of monthly listeners. He is also one of the most popular watch writers on Quora, with over 11 million readers.
"The distinctive watches from Patek Philippe are among the finer things of this world. Long valued for their precision and elegance, here they are appreciated as well for their financial value and its potential for growth. This book serves as a guide for watch collectors and investors alike."--Jacket.
The Old Money Book details how anyone from any background can adopt the values, priorities, and habits of America's Upper Class in order to live a richer life. Expanded and updated for a post-pandemic world.
- An exhaustive appraisal of the Rolex watch, including studies of vintage models, current designs and special editions- Learn how to spot fakes using the same clues as the experts- Invaluable to any watch-lover, especially aspiring Rolex collectorsHorological trends flit by faster than ever in today's fast-paced society. But Rolex does not rely on gimmicks; theirs is a more perennial allure, with a reputation built on traditions and hard-earned skill. A company that innovates while paying homage to their roots, every Rolex is the cumulation of centuries of watchmaking expertise. Within this book you will find explanations of the making process, descriptions of the materials involved and expert commentary on what makes each Rolex wristwatch unique. The Book of Rolex demonstrates how each model fits its social milieu, present and past. It also addresses the multitude of fakes on the market, including the so-called 'Frankensteins' - watches made from a mixture of real parts and forgeries, which are notoriously hard to spot - imparting all the skills needed to pick counterfeits out of a line-up. A holistic view of Rolex watches, this book promises to be as timeless as the brand itself. Should you be considering a Rolex, this book will convince you of its worth as an investment.
Investment professional Larry E. Swedroe describes the crucial difference between "active" and "passive" mutual funds, and tells you how you can win the investment game through long-term investments in such indexes as the S&P 500 instead of through the active buying and selling of stocks. A revised and updated edition of an investment classic, The Only Guide to a Winning Investment Strategy You'll Ever Need remains clear, understandable, and effective. This edition contains a new chapter comparing index funds, ETFs, and passive asset class funds, an expanded section on portfolio care and maintenance, the addition of Swedroe's 15 Rules of Prudent Investing, and much more. In clear language, Swedroe shows how the newer index mutual funds out-earn, out-perform, and out-compound the older funds, and how to select a balance "passive" portfolio for the long hail that will repay you many times over. This indispensable book also provides you with valuable information about: - The efficiency of markets today - The five factors that determine expected returns of a balanced equity and fixed income portfolio - Important facts about volatility, return, and risk - Six steps to building a diversified portfolio using Modern Portfolio Theory - Implementing the winning strategy - and more.
"The Aggressive Conservative Investor will never go out of date. Regulation, disclosure, and other things may change, but the general approach and mindset to successful investing are timeless. Read this book and you will learn the rudiments of 'safe and cheap' investing. An essential read for every amateur and professional investor." --Stan Garstka, Deputy Dean & Professor in the Practice of Faculty & Management, Yale School of Management "Security analysis toward both better odds and higher long-term payoff: A readable, authoritative guide." --Professor Bill Baumol, New York University "In reading this book, one is struck by the simplicity of the ideas and the dependence of the investor on his own understandings of reality as opposed to the myths on the street. The updated version of this 1979 classic incorporates all the modern financial engineering that has occurred as a product of the late 20th century, and the new methodologies refine your abilities to measure risk but don't change the fundamentals of value. The updated version of The Aggressive Conservative Investor is very much a value-added proposition." --Sam Zell, Chairman, Equity Group Investment LLC "I concur with those people who regard Marty Whitman as the 'Dean of Value Investing.' This book is a must-read for everyone interested in understanding the art of investing." --Melvin T. Stith, Dean, Whitman School of Management, Syracuse University This no-holds-barred presentation of one of the most successful investment strategies of all time -- value investing in distressed securities/companie -- shows you how to analyze and evaluate stocks just like controlling owners. Based on the assumption that stock price rarely reflects real value, authors Whitman and Shubik use numerous case studies to present risk-minimizing methods that also provide high rewards. Still relevant today, this classic work includes a new introduction discussing the dramatic changes that have taken place in the value investing world since its first publication in 1979.
A timely guide to making the best investment strategies even better A wide variety of strategies have been identified over the years, which purportedly outperform the stock market. Some of these include buying undervalued stocks while others rely on technical analysis techniques. It's fair to say no one method is fool proof and most go through both up and down periods. The challenge for an investor is picking the right method at the right time. The Little Book of Stock Market Profits shows you how to achieve this elusive goal and make the most of your time in today's markets. Written by Mitch Zacks, Senior Portfolio Manager of Zacks Investment Management, this latest title in the Little Book series reveals stock market strategies that really work and then shows you how they can be made even better. It skillfully highlights earnings-based investing strategies, the hallmark of the Zacks process, but it also identifies strategies based on valuations, seasonal patterns and price momentum. Specifically, the book: Identifies stock market investment strategies that work, those that don't, and what it takes for an individual investor to truly succeed in today's dynamic market Discusses how the performance of each strategy examined can be improved by combining into them into a multifactor approach Gives investors a clear path to integrating the best investment strategies of all time into their own personal portfolio Investing can be difficult, but with the right strategies you can improve your overall performance. The Little book of Stock Market Profits will show you how.
