X @Xeer

Luxury Goods Market Perception - Rolex, Patek Philippe, and Vacheron Constantin are mentioned as luxury watch brands, indicating their status symbols within the market [1] - The perception of luxury watches, like Rolex, varies; for some, it's a baseline, while for others, it's a significant achievement [1] - Flashy displays of wealth, particularly in the Asian market, can create discomfort [2] Consumer Behavior - Some individuals acquire luxury goods through speculative investments like crypto, suggesting a link between investment gains and luxury spending [1] - The report indicates a lack of interest in luxury watches from the author, suggesting not all consumers are drawn to these status symbols [1] - The social context influences the perception of luxury goods; a Rolex might be considered a "big deal" in some circles [1]