IT - Independent Watches and Veblen Goods

Another episode of the Independent Thinking Show for FifthWrist Radio. Join hosts Roman (@TimesRomanAU) and a FifthWrist alumnus Adam (@mediumwatch) as we chat with today’s special guest Victor (“Last Name Unknown”) – about collecting indie watches, economics of luxury goods and just why totalitarian leaders are great wristwatch influencers to a generation of young affluent guys.  Join us for a conversation about Devon Works, Ressence, Veblen goods and Vladimir Putin (seriously – you will be surprised how they all fit together!) We discuss why Vacheron doesn’t sell well in China these days but Hublot does; marketing strategies in the East/West; and just how to view watch collecting through an economist’s loupe! Great chat with a couple of great and thoughtful gents who happen to be watch collectors and economists. The odd seagulls also drops by for a chirp.  Honestly – no calculators needed for this one! Just open minds. Hope you enjoy this episode! A special shout-out to good friend of the podcast (@jnshapiro_watches) about 5 minutes in; and Max Busser (@maxbusser) about 48 minutes in.  Thank you for all the positive reviews & comments on our episodes. We read and appreciate each one! Recommendations from this episode Victor: “The Birth of Plenty” by William Bernstein (book) Adam: Horolonomics Blog Roman: The Watchmaker’s Apprentice movie (available on Neflix) Theme Music: Tick Tock by Jimmy Fontanez / Media Right Productions (via YouTube Free Audio Library) Follow us on Instagram: @FifthWrist To join our crew group chat then please email us at contact@fifthwrist.com and if you have time please leave us a review wherever you listen to our podcast. We hope you enjoy listening to this episode as much as we enjoyed making it! Stay On Time & Cheers from DownUnder