The Ambiguity Effect & Watch Collecting

When you’re considering two watches, which one would an average buyer be more likely to buy:

A watch made by a ‘traditional’ company or household name with global recognition, and an average global user rating of 4 stars out of 5 or A watch made by a largely unknown watchmaker whose name you have never heard mentioned outside the four walls of your local Redbar gathering – but rated 5 stars out of 5 by every collector you meet (admittedly a much smaller sample)?

Subtract negatives

About ten years ago we purchased a custom mattress. This thing seemed extremely unnecessary at the time – but looking back now, it might be one the best purchases I’ve ever made. The hesitation at the time was likely related to cost, or something along the lines of “why does one need to spend so many multiples more than what seems like a very nice bed from a reputable retailer.” Obviously I was wrong.

Framing a purchase decision

So as not to ruin the surprise, please bear with me until the conclusion! As you read this post, think about the framing of each question, and the structure of the reasoning as it relates to each section. Clearly, facts do not change, but all purchase decisions will depend on your initial bias, if any. What actually matters when buying a watch? Hold all these thoughts until the end, to see how this relates in any way to the recent watch announcement by Xhevdet Rexhepi.

Positive Psychology and Watches

This is a post about the concept of ‘positive psychology’ drawing on the work of Martin Seligman, and a few ways to apply the concepts to watch collecting.

Reciprocation bias and watch collecting

Authorised dealers can sometimes act like you owe them something more than the retail price of a watch, simply for being allocated the watch. I figured we could talk about this in more detail, and consider how the reciprocation bias comes into play.

The future of buying and selling watches

Bring a Trailer has become one of the major destinations for car enthusiasts to find the next classic or cult machine to add to their garage. With this in mind, I wanted to talk about Doublewrist; a platform taking the same auction model and applying it to watches. The founder is a California-based lawyer who I met via Instagram, and we’ve grown to become friends over time. Since I think the concept is actually awesome, I thought it deserved some attention.