Vintage Omegas as Investments

Totally agree. Invest in gold and blue chip stocks. Buy watches you love. If they appreciate consider it as gravy.

Not sure I would follow that advise in the moment. I'd cash in as much as possible and wait for buying opportunities soon. The Stockmarket gets too jittery.....have seen all that before. The Orange Tweety causes a lot ( and intended ) disruptions . And that could go on for the next Year. Kind regards. chim

“The Orange Tweety” 😁

Yes and no, but mostly no if talking about investments related to retirement savings and estate planning. If you can calculate standard deviation and correlation on a given watch collection then you're a better advisor than I'd ever have been had I pursued it as a career. Otherwise, modern portfolio theory would suggest increasing expected return, given higher risk tolerance, through assets with known stddev (i.e. the other ~90% of the portfolio).

Hmm, well, as you say, yes and no, but mostly no...
You are correct in that it is almost impossible to invest in physical assets such as jewellery, art and be forearmed with values such as sttdev etc.
However, and not here to argue, but, portfolio theory is based on the portfolio and not the individual’s requirements (assuming it is a private individual’s portfolio being considered).
There are many investor profiles aside from those requiring retirement capital or estate planning based investment.
Standard deviation of an asset is indeed a factor to consider but amongst a plethora of others, all of which depend on the investor and their requirements. Such values can not be allocated to such assets as watches (well at least reliably yet!) but that doesn’t mean they cannot and should not make up a portion of a portfolio for the suitable investor.
The composition of the portfolio comes into consideration once requirements are established. Only then can decisions be made on the assets/asset classes employed whilst also considering projected performance, income generation, hedging capabilities etc etc etc.
My point is/was, that physical assets (such as watches) can and do make up many individual’s portfolio of investments. However, I would urge caution for watches to be considered as such by anyone other than the particularly well educated and well placed investors.
Any manager that would suggest otherwise, I would venture, would not maintain a sustainable client base for long!
The reason I joined OF was to learn more and talk watches and somehow have meandered into work chat!
Bon chance with everyone’s purchases and I hope they all make you money but mostly that you enjoy wearing them in good health!