The 12 Hub Podcast

From Casio to Rolex to Audemars Piguet: Watch Talk (Featuring Shomi Patwary)

Hugh F Mulzac III & Shomi Patwary Season 2 Episode 51

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Is the Audemars Piguet AP Swatch collab a brilliant luxury entry point or a plastic scam? Here is the brutal truth...

In this raw, unfiltered episode, we dissect the absolute madness surrounding the recent Audemars Piguet x Swatch collaboration. As day six of global lines wraps up from Atlanta to Mumbai, we dive deep into the microeconomics of the modern streetwear secondary market. Is paying extreme StockX resale premiums for a plastic biometric ceramic pocket watch a legitimate collector move, or are hypebeast buyers falling for insider trading market manipulation?

We trace our personal horology journeys from entry-level Seiko chronographs to luxury vintage Rolex Oyster Perpetuals and Submariners, comparing legitimate multi-generational Swiss craftsmanship with modern "fake it till you make it" influencer culture. Finally, we break down the ultimate industry rumor: did AP intentionally license their iconic octagonal Royal Oak silhouette to put a final nail in the coffin of bootleg designers before debuting a radical new era?

Time Stamps:

00:00 — The $3,000 Plastic Watch Epidemic
01:30 — Day 6 Hype: Who is Waiting in These Lines?
02:45 — StockX Resale Data & Market Manipulation
04:10 — Why Hypebeast Buyers Ruined Watch Culture
05:10 — The Diamond District Rolex Under $3,000
07:05 — Sneaker Backdooring vs. Swatch Drip Releases
09:15 — Is Every Luxury Wristwatch Just Arm Candy?
10:15 — Aspirational Hip-Hop: Going From Seiko to Rolex
12:00 — The History of Luxury Brand Collaborations
13:45 — Lord of the Flies: The Resale Culture Crisis
15:20 — Kaws, Uniqlo, and the Evolution of Streetwear
17:15 — Would You Pay $5,000 If It Had a Factory Strap?
19:30 — The True Heirloom: Passing Down Vintage Watches
21:15 — The 1985 Vintage "Bluesy" Submariner Investment
22:25 — Why Gen Z Replaced High Quality with Flannel & Hoodies
24:35 — Fake Success: Airbnb Mansions & Super Clone Watches
26:50 — The London Super Clone Luxury Fraud Move
29:00 — How Jay-Z Single-Handedly Cultivated Modern Taste
31:10 — The Kmart Flannel Phenomenon & Real Wealth
33:10 — Exposing the Biometric Ceramic "Plastic" Lie
35:05 — Why the AP Pop Lanyard Shock Pissed Off Resellers
37:25 — Swatch Group Dominance vs. Privately Owned AP
38:30 — Why Rolex Gained Prestige From AP’s Mistake
40:35 — Frankenstein Watches: How to Spot a Fake Dial
42:15 — The 2026 Luxury Watch Market Crash Explained
44:45 — Let's Talk About Drake’s Chrome Hearts Addiction
47:30 — Tesla vs. Mercedes: High-Tech Minimalism Explored
49:10 — Is the Tesla Model S a Car or an iPhone?
50:40 — The Million-Mile 1990s Honda Reliability Standard
51:25 — Why German Engineering Purposely Kills DIY Maintenance
52:00 — The $1,300 Bentley Oil Change Scam
53:50 — Porsche 911 Price Hikes & Social Media Inflations
55:20 — Supreme is Back: Hooking Up the New Shure Mic
56:20 — Final Verdict: Did the Royal Oak Just Die?
58:05 — Countrywide predatory lending vs. Modern Buy Now Pay Later (BNPL)
1:01:00 — Keeping the Heritage: Luxury vs. Fossil Licensing

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SPEAKER_02

When a bunch of middle-aged people talk about shit that don't matter, make them like subscribe and scare. Like and subscribe on YouTube, leave a comment on all of our social medias. And if you listen to this on the podcast platform, please leave a review. If it ain't five stars, it don't matter.

SPEAKER_01

Welcome to 12 Hub Podcast episode number 50. Uh I know, right? And the rest of the crew ain't here, which is ironic. But uh Kari actually said he was gonna come today and didn't show up at seven, so whatever. Drew, shout out to you. He's got his kids' graduation today. So uh he's out there celebrating. Oh, good.

SPEAKER_00

So this it worked out that I'm I'm the only guy.

SPEAKER_01

It worked out, I think, in a in an interesting way, yeah. Because uh what if I would like to have I would like to have the other guys here because their perspectives on this type of stuff because I know you want to talk specifically about like watches and stuff. Definitely one perspective, yeah. Yes, yeah, they're there there's a little different. I wanted to see Kari missed the whole thing because he missed last week and this week, apparently. But um, no, I do I do I know you and I have been texting back and forth about the automar big gay slash swatch thing and you know kind of joking about it. So you might as well just hop right into it. Like, what are your thoughts on the whole that whole thing as it's progressed into day? I I hear day six, according to some people have been documenting it.

SPEAKER_00

I hear there's still lines for this thing, which is kind of nuts because I'm like, yo, as long as I've been in the culture, not watch, just in general, like sneakers, streetwear. You'll never ever catch me in a line. I don't I don't understand it. Like these guys are probably getting McDonald's rates at this point, waiting how many days? Five five days in a line. Actually, let's check StockX.

SPEAKER_01

I'm gonna pull up StockX real quick, but no, you're right. You're right, yeah.

SPEAKER_00

Cause what they're getting it for 500, selling it for what? 1200? I don't know.

SPEAKER_01

I mean, when I when I I did a video on this over the weekend and prices dipped under 2,000 day of, but it's gonna keep dipping. I know, I know. It's dumb because it's not limited.

SPEAKER_00

What do you mean?

SPEAKER_01

Wait, wait.

SPEAKER_00

Initially it might be high.

SPEAKER_01

Initially it might be high, but it's gonna start dipping. I'm gonna share my screen real quick. I just saw an outrageous price. That's crazy. Let me see the madness going on. Oh, this doesn't show the list. It doesn't show the list. I just I just wow okay. No, no, no, they did the this um the blue one is kind of going crazy high. Let me share this one. Let me share my screen real quick. I would be lying if I said don't do that, don't do that here. That's not that's not allowed. Oh, I was gonna I was gonna bring we should talk about that. Wow, they still prices okay. So this this this one's dope.

SPEAKER_00

The um if you're unemployed, this makes sense for sure. If you're unemployed only, though, like I got a job of not doing this, bro. This is crazy.

SPEAKER_01

I mean, this is good money. I mean, you're gonna you know 3x your investment, it looks like either way at 1400. I don't understand why this one's so high, the blue one. That's crazy. Is this rare?

SPEAKER_00

No, I didn't know this is rare.

SPEAKER_01

Somebody bought somebody bought this shit for 3500. Look at it. The price on this one is here.

SPEAKER_00

Here's my problem. My problem's not the resellers, it's the buyers because they're setting the expectation, right? If everybody just said I'm not gonna do this, if everybody just said I'm not paying above retail, that's for everything. I'm talking about in the watch culture too. It's a huge issue because now when you go to Rolex, you know, it's just like you gotta wait. I can't talk too much on Rolex, actually. They're my clients, so I only have nothing but good things to say. Rolexes are dope, man. They are dope. I got mine. But uh I got I got the starter Rolex. Um, no, about the AP swatch collab, like I know it's been this topic's been done to death, but I gotta say, like, I don't blame the resellers, I blame the buyers because the buyers are the ones that are setting these prices, right? Like, if we simply said, hey, I'm not willing to pay more than a thousand dollars, then that's where we would cap it at. But because there's demand, which is insane to me in this day and age, like what I don't understand is the who is the demographic, who is the buyer that's paying three thousand dollars for a plastic watch? Because if you could afford a three thousand dollar plastic watch, at least in my head, the the math is I could afford a real Omega at that point because you could buy uh now I'm gonna talk like a watch nerd. I'm not, I don't claim to be a watch nerd, but you could literally actually you could buy a Rolex for that price, you could buy a starter. My first Rolex that I ever bought now was in the Diamond District. I but I know it's real, but it was in the Diamond District, so things are different there. But in 2017, I bought my first Rolex for $2,000, Oyster Perpetual.

SPEAKER_01

Now, like a dumbass, I sold it because I was that's when it was like the market wasn't so crazy back then.

SPEAKER_00

There was no market. There was I not that I knew of. I bought my first Rolex for set uh two thousand dollars, uh resold it for even less, like an idiot. I should have held, I and I shouldn't have held for prices.

SPEAKER_01

But you know, no pandemic made the made prices of everything go up because people collectors were holding on, buyers were buying.

SPEAKER_00

So well, here's the thing I bought my first Rolex to kind of celebrate a milestone. I bought my first like house to uh live in. Like I was buying houses before just for real estate purposes, investment purposes. But I bought my first house and I said I'll I'll I'll uh celebrate it with uh my first Rolex. I bought an Oyster Perpetual from the Diamond District. Well, I know Diamond District sus, but it was definitely real because nobody is faking uh oyster perpetual from 1979. But my thing is this even to this day, you could get yourself a starter Rolex for the price of these plastic APs. That's what I don't understand. You could get a starter Rolex, an oyster perpetual for three thousand dollars. Like, why? So at that point, who is the buyer here? I don't even understand because the person that can afford a three thousand dollar plastic stopwatch, let's call it what it is, a stopwatch or or a pocket watch, sorry. So somebody that can afford a three thousand, yeah. Somebody that can afford a three thousand dollar um pocket watch is either uninformed or they are truly uh collectors, right? That's the only way I can understand it because there's no way you're informed as a watch buyer, collectors no markets though.

SPEAKER_01

Collectors no markets, they wouldn't buy it first day unless they're online waiting for it. Then it's not the then you're just a dumbass because it's reseller, it's resellers, and and and I said this in my video you're telling me resellers paying this to buy from another reseller.

SPEAKER_00

You're saying in my own.

SPEAKER_01

That's how they keep markets up, yeah. So there's a trick in sneaker club in sneaker trading, yeah. I'm not where when people hit like stockx and put their stuff up there, they'll put in crazy ass bids and or crazy ass prices, crazy ass bids. So, you know, they set the market really high. Like Travis Scott shoes should not be going for two grand, right? There's enough dead stock ones out there because most of them are sitting in sneaker stores because people they buy them up, and then most people are like, shit, I hit a lick by getting it on sneakers, you know, they win a raffle or whatever, and they're like, Shit, I hit a lick, I could sell this for seven, eight hundred dollars. So the market's kind of set it it go. That's why when when when sneaker releases happen, prices go down, right?

SPEAKER_00

So basically, this is insider trading, it's like insider trading.

SPEAKER_01

Insider trading, but this is different because Swatch is not one of those brands that gets backdoored, you know. I mean, you know what backdooring is, right? With the sneaker stuff, like they they give it to like resellers at a markup, yeah. They're they're not here, bad for the brand. I don't even have the brand. My other thing is bad for both brands, to be honest with you. I think this is this is marketing for them because the highest thing is.

SPEAKER_00

Yeah, you know why it's bad for the brand? Because initially I thought this was good for the culture because being able to buy a $500 uh watch with the AP stamp on it is kind of cool as a collector. I I got respect for the collectors because it's like, oh cool, I collect watches. Listen, I paid I paid over retail when I got the moon swatch, but not that much by not that much. I think the originally Moon Swatch was 250. I paid 400. Yeah, yeah, it was like 250, and I paid 400 on eBay. Not a big deal. I'm not gonna go out on the line. I honestly I didn't even know what the uh resale price was or anything. I just saw it on eBay one day. I was like, oh, cool, this is the Saturn one. I'll I'll go buy, I'll pay 400, not a big deal. Um, yeah, but the way I saw it was that's what motivated me to buy more omegas, right? It kept me in the uh it kept me interested. Like I see it as a great way to um keep you know, just keep the conversation going about watches in general, and they got that accomplished. No matter what the outcome is, that's accomplished. What you're doing is you are bringing in new people that would never be interested in watches. Because let's be real, any watch is a luxury. If you have an iPhone, you don't need a watch, right? If you got an Android, you don't need a watch or an Apple Watch. If you have an Apple Watch, you don't need a watch. So having a watch is just a luxury and it's it's an accessory.

SPEAKER_03

There's a meme, jewelry, yeah.

SPEAKER_00

Yeah, there's a meme where uh there's a meme I saw recently where some guy says, Oh, my iPhone died. Can somebody tell me what time it is? And everybody's like panicking, looking at their analog watch, not being able to tell the time. I was like, Oh, that's me, because I am dumb as hell when it comes to math. I'm not trying to calculate the minute and the hours right now, or I'm just just lazy, intellectually lazy, not to even make that effort. So I have it as an accessory, right? Um, like for me, it's like I'm not a big accessories guy. I'm gonna do sunglasses or watch, you know. I'm not a big accessories guy, like I'm not doing all this other extra shit, but um, so I love watches, anyways, because I love horology. I mean, I got into watches because of Nas, right? When Nas made Nas's like with DJ Premier, he was like, I went from Seiko to Rolex, so I I was I was hooked instantly just growing up on hip hop, watching all the videos and just all the name dropping of watch brands and shit. But for me, it's the same thing, I didn't get a Rolex immediately after I heard Nas rap about it. I got a Seiko because he said I went from Seiko to Rolex, and I saw that come into fruition in my life. I told my dad, even a Seiko was a lot for me back then because this is like I don't know when that song came out. Maybe that's on Illumatic album, so you can figure out when it came out. Like, this is probably '98, '99, right? That song came out. Um99. Okay. So not everybody's favorite album from Nas, but I love Nas's like, and I love what he said as uh he said I went from it was a it was like a um, it was sort of like how do we say this? I'm losing the word for it, but um, yeah, what's that word we use when you're like aspiring to be something? Aspirational. Aspiral, yeah. So when Nas said I went from Seiko to Rolex, he made an aspirational statement. And I said, Okay, well, I want to get a Seiko. And then even then, like I'm in high school, a Seiko was like at least the one I wanted was like $200. For me, that was a lot of money. So I was like, you know, like I didn't, you know, like so. My first watch was a Seiko chronograph that I still have to this day. I wish I had my watch collection with me right now. Nah, I'm in Virginia right now, but um, but I got I got the Seiko, and I felt like, oh shit, this is dope, right? Like, I got something that was a piece of what Nas had. So I had the Seiko. Um, back then, that's how you got it into watch collecting. You probably saw it in a movie like James Bond, and that's why they did it, right? Back then, that was the collab. Like the early version of what a collab was is a movie showed you the watch and it had a special edition. So collabs is an old thing, it's been around James Bond with the Aston Martin and all that stuff for people.

SPEAKER_01

Like collabs is not a new thing, yeah. Yeah, well, it is aspirational because everybody wanted to be like Bond.

SPEAKER_00

Well, Aston Martin's hard to get. I mean, back then it was you know, those types of cars, Ferrari, Aston Martin, for sure, for sure. Yeah, but you see what I'm saying? You saw James Bond. He either had a I think he had an Omega at the time. So if you saw the he had either, yeah, he had the Omega, he had the I think Omega C Master. When you saw a collab like that, beautiful watch. You get 100%. But think about somebody that's probably in their you know, midlife having a midlife crisis, and some some of them they might not be able to afford that Aston Martin, but they can get themselves a James Bond Omega watch back then. I think an Omega back then, like a James Bond, I don't know, I don't know the numbers, but maybe it was like two thousand dollars, still a pretty penny back in the days. Um nowadays I think you can get a James Bond one uh brand new, um, probably for six thousand dollars, still a pretty penny. I'm not saying it's not you know um an attainable for the average person, but it was realistic if you saved up enough money. Um, so that was how you were in the conversation of watches. Uh, for watch people, I think it's also they like being part of a community. We all are enthusiasts because we're all very tribal, we like to belong to something. This shit, this is not a fucking community. This is some Lord of the Fly shit. This is disgusting. Yeah, it's kind of the times, man. Is it bro? This is disgusting. Like, because none of these people are into watches.

SPEAKER_01

Because if they were into watches, they would know this is not what this is worth. They're into what they see on other people, like the automar paget. Like, I I the first and talking about like first time I ever heard about watches and got interested in them. Yeah, Jay-Z the Lord. That's our Otta Market. He said it on our on the on that Pharrell track, and I was like, Pharrell droid, yes. What the hell is that? Yo, like I Google things back then, you know, Google like the internet was kind of still new. That's 2003. So I Google these things, like, oh, there's there's other watches besides Rolexes, and all this shit, right? I started discovering. I'm looking at the price, I'm like, damn. And mind you, that's when things were not as accessible, right? We didn't have sites at a ton of sites or websites that had like all a whole catalog of these these items. Now, like people people study this stuff and they want to learn, and also yeah, I think that a lot of the people that stand on those lines because this is global. Mind you, the people in Mumbai was was going crazy over this shit. You I'm like, damn, isn't Mumbai on this watches? They then you know all over the globe.

SPEAKER_00

No, watch culture is global, and that's why I'm not again I'm not blaming what Swatch is doing. I love you know what they do. I've always loved what they've done. You know, they've they've been doing collaborations forever. Swatch is pretty much touch.

SPEAKER_01

Their watches are nice. I was on their website just going around. I'm like, yo, for the prices, and they make it function colorful stuff. Yeah, oh, yeah, they make it fun. I don't know how they sell in America because I don't pay attention to what's on people's wrists.

SPEAKER_00

Well, they have flagship watches, you know. Um I used to game game they have flagship watches, you know. I mean, they have flagship uh stores, but thing is, I love I love collaborations, I love a good collaboration, and I'm not saying I'm beyond like getting on a line. Listen, I I'm gonna sound like a super lame here. I've been in lines before, but not to camp out and shit. Like one time Coz did a collab with Uniqlo, you know.

SPEAKER_01

Like, I don't like they did it, they do one like every couple of years, I think.

SPEAKER_00

Yeah, but I the first one that they ever did, I was like, oh shit, I'll I'll I'll um I got to me and get one, but it wasn't crazy, nobody was fighting and shit. Like it was just a normal line. We went ahead and got our uh Kaz t-shirts, and I think they didn't even limit it to how many people could get it. I think you could get like a that was in 2019.

SPEAKER_01

I think I bought no bought at all. I think it's earlier than that. 2017.

SPEAKER_00

Well, I bought the 2019 because I remember I got the Snoopy uh collection. Oh, okay.

SPEAKER_01

Now I got the uh yeah, they did the plushies too.

SPEAKER_00

They did the they did the plushies, so like the plushie was fun. So, like, I'm not again, I'm never blaming the brand, I'm blaming the culture of reselling because that's what it's become now. Um, I'm not saying this is a new thing, I'm sure what back in the days uh was it like this in the 90s when New Jordans came out? I think people got in lines, right? What was it?

SPEAKER_01

Not P no, they didn't, they didn't. Uh this is a new phenomenon. Now they do, yeah. It's new, but this is it's it's once in a blue moon with watches and also such an exclusive brand like that. That's why I think people went crazy. I got you a question though. Yeah, if it was an actual wristwatch, would you be interested?

SPEAKER_00

If it wasn't, I was interested when it was a pocket watch. I'm still interested in it. I'm only interested because I'm uh I love I'm more interested in the wristwatch.

SPEAKER_01

I would have I would have paid. Um, I actually would you have paid, would you have paid the crazy resell if it was a wristwatch? No, you know why?

SPEAKER_00

Because it's I said I would pay five, I would have paid five. No, I would have stopped you. I would have told you go get yourself waited.

SPEAKER_01

I would have definitely waited. I would definitely pay five. I like I would if it looked like a oil oak, come on.

SPEAKER_00

Answer this for me. Answer this for you. Listen, listen, listen. You said you would pay five thousand for that plastic watch.

SPEAKER_01

The girls don't know the difference.

SPEAKER_00

This is a five thousand dollar. This is a five, this is I I I overpaid.

SPEAKER_01

It's still a role.

SPEAKER_00

Yeah, guess what?

SPEAKER_01

It's not a swatch though. It's not a swatch.

SPEAKER_00

It's watch is not above Rolex, my friend.

SPEAKER_01

It's not an AP. In fact, you know what it's doing? Above seven thousand dollar Rolex.

SPEAKER_00

To me, to me, to me. You know what this collab did? I think, I think it restored more. No, I think Rolex got its prestige back because of this.

SPEAKER_01

Because many things, I'm not Rolex would never do something like this. To me, to me, it's just arm candy. I'm not looking at it from a prestige perspective or what the movement looks like, what the the rich guy over here has, whatever. I'm saying to myself, look, I get an A a $30,000 watch or five G's, even though maybe $400, whatever. If I spend five G's, I'm like, yeah, that's cool.

SPEAKER_00

You're saying you're a brand whore, you want it for the damn no no no no no.

SPEAKER_01

Well, no, this is a particular thing.

SPEAKER_00

I would be more my thing is just because of the real watch.

SPEAKER_01

Just because of the the the way the the brand is actually perceived.

SPEAKER_00

There's actual craftsmanship that goes into making one of these real Rolexes and real APs with real automatic movements. That's not what's happening here. I mean, even the damn the promotion machines making this shit, so you know the same hands.

SPEAKER_01

Yeah, uh poor people like myself don't care about chill out. You're not poor again. I'm poor compared to the guy who could afford an AP.

SPEAKER_00

No, you're not. Yes, even the guys that are buying real APs. No, no, no. This is what I realized in life. The guy that can afford the Porsches and afford the AP, sometimes they can't afford it. That's just what they decided they would spend their money on. You see what I'm saying? Now you see what I'm saying? Like, I have friends. Yeah, we all we all decide what we want to spend our money on. I mean, when when I was really in my watch buying phases, I just kept buying Rolexes. I uh this was my this was my second Rolex. Right after that, I bought an Air King, then I bought a Explorer. It's an addiction. You get into this stuff, it is an addiction, but it's it's it's because uh for several reasons. Like for me, I would never buy a watch to resell it. Like, I'm not gonna ever resell any of my watches, knock on wood. Uh you know, I don't have a rainy day like that, but I would never resell a watch. I really have it just so I could pass it on to my kids as an heirloom because it's like a guy like me, I'm not getting a bunch of uh awards for what I really do in real life, which is videos, right? I mean, I've got some awards, I've got some nominations, but for me, it's like you know what I'm saying. Um, of I got one for Much Music Award. Uh I lost a Drake actually for video of the year. I did uh Might Not You ever heard of Much Music? I know Much Music. So I lost a hotline bling, I think. Fair, you know. I mean you lost to a can, yeah.

SPEAKER_01

Yeah, yeah, that makes sense. Yeah. So a much I mean it's not like you're much music's a big deal in Canada.

SPEAKER_00

It's a big deal.

SPEAKER_01

Yeah, it's not a it's not an A-piece watch, though. Yeah, look, if somebody said, Hey, a Much Music Award or this A piece watch. Right.

SPEAKER_00

Oh, I would get the Much Music Award.

SPEAKER_01

Ah, you're crazy.

SPEAKER_00

See, why would I get an AP? Why wouldn't you? That sounds insane. I'll take any award.

SPEAKER_01

No, but nobody's gonna care about no much music award. No, no, no.

SPEAKER_00

So going back to the whole award thing, these are these are these these are prized, these are like to celebrate milestones, right? I celebrate this one after I had my daughter. I bought an explorer, Rolex Explorer after I um had my son. So it's like I buy these things to commemorate milestones or like I bought my first submurner. I don't want any people to pocket watch when I had a very good year, so I'm not gonna say how much I made that year, but I had a very good year one time. Yeah, no, it was it was funny because, and as you know what the my and that was my first like real spending money on a watch for me, it was a lot. I spent and this is when before the watch market went crazy, but I bought myself a 1985 uh vintage submariner, the bluesy, for $7,500. That was a lot of money to invest back then. You know, now that same watch is worth I think on the higher end $14,000. But do I care? No, because I'm not gonna sell it, you know. I'm not gonna sell my submariner. It's a headache of a watch because when you get an old vintage watch like that, you gotta always get it maintained. It's like a car. If you don't, because the lunar case, yeah, which makes me want to now be a one watch guy. So I gotta that's when I might sell, right? I might sell all my watches and maybe get one AP. No, I wouldn't do that. I'd get if I was a one-watch guy, I would get a Daytona. Um, and now Daytona's a nice.

SPEAKER_01

That's all I was thinking about getting. I was thinking of a Daytona. Daytona I can't do it right now, but no, that that would have been the one uh for me if I was gonna get a watch and just say fuck it.

SPEAKER_00

Yeah, well, the thing is I got into watches before shit was crazy, right? Like, I've seen it happen for a few things, I've seen it happen even with Ralph Loren. Like, after the pandemic, something happened to Ralph and people just started buying this shit up. I don't know if it's because people started watching succession and all these shows, and they're like, Oh, I want to look like old money, you know. I'm saying, because at one point Ralph Loren was not Ralph Lauren in the 90s was aspirational when I was a kid because oh, yeah, for sure. If you calculate for inflation, like paying $400 for a sweater in the 90s, what is that now? Or you know, if you calculate for inflation, those are billionciaga prices back then, you know. So, like back then, you had I mean, that's I mean, a lot of people also stole them, you know. Like, you used to switch out the tags, all the bad kids did that. Low lives, man. Yeah, low life, and then then and I had a few friends that were just lowlives in general, not like low life as a lower. I mean, there was a whole culture living in New York, man. I had friends and cousins that did that, you know, they were just like you know, kind of swapping tags out and doing crazy shit.

SPEAKER_01

I would never shout yo, shout out to your brother, though. He kept that alive on me because we when I was uh with the people he used to always text me. Yeah, but this is like way back. I'm talking like 2020 2008 nine when he was a kid, man. He used to get me up on Facebook. He's always loved polo sending me videos about polo and all this stuff, and I'm like, he's always kept my kept me kind of in the culture. I mean, I didn't really go backwards though. I can't really and mind you, I've gotten low. I with with clothing, I kind of just buy what I like now. Like, I'll go to nice stores and just pick out like this piece right here, it's just some overland coat. I bought it a nice boutique out in when I was in um Jackson Hole last year.

SPEAKER_00

Dressing like an age now, that's what's happening.

SPEAKER_01

Yeah, but it's just but you don't know, there's so many, but you like the the minute you step into like a high-end department store and see the types of brands that they have, and understanding, like, oh damn, that's just a regular ass polo shirt, right? Look at the quality, and then you like you're really paying for something, and as you start paying attention to that more, well you're explaining why I wouldn't, but it lasts longer, right?

SPEAKER_00

Like, you yeah, but you're explaining why I wouldn't buy an A-piece watch.

SPEAKER_01

The quality is not the same thing.

SPEAKER_00

I would not pay. See, I cannot, I can't. Yeah, it doesn't matter.

SPEAKER_01

It's a trinket to me. I'll be like, yo, look, if I if I if I walk outside and somebody looks at my wrist like, oh yeah, hold on, your audio got cut off. What's going on? Oh, my bad. I'm sorry. No, no, I said if I walk outside, yeah, and somebody looks at my wrist and says, Oh, that's an AP, and I'll be like, Yeah, look.

SPEAKER_00

No, nobody's thinking that, my friend. Here's the thing anybody that could wreck okay. Here's my thing, too. This is why it's so funny to me. If somebody, not that many people know what an AP is. That's the funny thing.

SPEAKER_01

That's true, yeah.

SPEAKER_00

So if you know what an AP is and I see you wearing a AP swatch, I'm not impressed. I know you paid. I'm not trying to impress you, though. I know that I well, that's what I'm saying. So if you're not trying to impress you, who are you trying to why are you getting this thing? Like, I don't know, especially if you're not anyway.

SPEAKER_01

Why do you have four?

SPEAKER_00

Why do you have like four or five Rolexes and uh because I was brainwashed to love this? I'm not I'm impressing myself, that's what it is. So when I get something, I'm trying to impress myself. But what do we do? Like it's I don't want to overpay, yeah. But why would you overpay for something? Especially to that level, if you know because the real one is thirty thousand dollars. Yeah, but that's not even close to the real thing.

SPEAKER_01

The only thing that's in it's close enough is the same shape and has the and it has the brand brand badge on it. You gotta think, bro. Come on, come on.

SPEAKER_00

I would rather buy a Casio that's shaped like that damn watch and buy that because at least they do have Casio shaped like that.

SPEAKER_01

I know I have one. You didn't see me have a G shot something, yeah.

SPEAKER_00

Yeah, we call it the Cassio. You didn't see me post that yeah, we call them Cassiokes. You didn't see me that photo with that photo.

SPEAKER_01

I thought you were messing with AIO. Like you sent me bad pictures, I don't even know what's real.

SPEAKER_00

So I posted a photo to like do your you know, everybody does their typical um wristwatch on the on the um yeah on the steering wheel shot. I did one of those, but it was actual Ferrari. Yeah, I was in the Ferrari, not my Ferrari, my friends thought I bought a Ferrari. No, so I I posted I posted a um photo of me and my wrist wearing a Cassio uh inside of a Ferrari. Now the truth is I rented that Ferrari, but I didn't rent it to show off the Ferrari, I rented it for a video shoot, so I happened to have a Ferrari at my disposal. So why am I not why would I not take a snapshot? Of course, but I did it for sheer irony because I'm like, yo, like, how funny is this? I'm flexing a Cassio and I'm driving a Ferrari, it's kind of a funny thing.

SPEAKER_01

People believe that shit. So you know how many people I look into social media, yeah. Right? I seen you, I seen you floss around in a Bentley in New York City, right? I've seen your brother behind the wheel of many different luxury cars I know aren't his, yeah, and all that stuff. But to the average person, there or the average person who follows you on social media, no, they believe what they see. I know they do, but you can if unless they ask I know you'll be transparent and honest and say, Yeah, that's for the music video. You might even mention it in the caption, but nobody said that shit.

SPEAKER_00

Can I be honest? There's a part of my ego where I don't say shit. I'll let you assume and then there's uh there's another part if you're gonna actually like hit me up on a DM and be like, Oh, when'd you get that? I'm like, nah, man, ha ha ha. This is for a video shoot. You know, I'm not gonna front, but it just goes to show you like anybody could fake being successful, so like why even spend all this money on fake it, like uh you could be no no no. What I'm saying, we're in this culture still stunt. That's what they call it stunt, stunt, yeah. But we're in this culture of fake it till you make it, and what happened is influencers came around, everybody thought they actually owned these houses, that they were just staying at Airbnb for everybody thought these watches were real, a lot of them were super clones.

SPEAKER_01

People are getting super clones all the time. And and the leased cars or the rentals, they they'll they'll spend three, four racks to rent a car for a week.

SPEAKER_00

And you could also you could put an AP on a credit card. Who's stopping you? You could. I mean, you gotta have good credit, I'm sure, but you could put an AP on a credit card, especially secondhand market. You could you know, you can put that on a credit card.

SPEAKER_01

So, like payment plan or some shit, right?

SPEAKER_00

Payment plan, yeah. People some people juck some people can justify paying five hundred dollars a month to have that AP. You know what? Have your fun, and you know what? In some cases, people that are into networking and that's their part of their brand, it actually is a good conversation starter, yeah. Good conversation, great conversation starter. I've been in a I've been to parties, industry parties where somebody does look at your wrist and I have to go cop.

SPEAKER_01

No, that's not that squash one would do well. Look at that shit.

SPEAKER_00

Uh yo, that's genius, actually. That is genius. That reminds me of when people go to London now because nobody wants to get robbed and stabbed for their watches. People who actually do that in London. No, no, no, no. What they do in London is people wear the fake watch, but in full confidence because they know they got one in their safe at home. Like, that's the move now. Like, people go to LA, they're wearing a super clone watch. A super clone's not cheap either.

SPEAKER_01

A super clone is like a thousand dollars, but it looks like a something like US that'll be such a problem because you walk through the hood, people will wear blinged out random bullshit watches they got at the flea market and not even real recognize you know the real from the fake, right? You know, you can see, I mean, let's say no, you got it, got it, right? Like, oh, that's that dude right there. And if you if you walk like nobody's gonna ice out, nobody ices out their watches anymore.

SPEAKER_00

Not like people with money, a few people people started learning. I mean, Jay's educated everybody.

SPEAKER_01

Oh, yeah, but that that that goes into another topic we'll talk about in a little bit with that.

SPEAKER_00

I mean, Jay's always kind of uh been a man of sophistication, so he tells you not to put rins what happened, like Jay is responsible. Jay is responsible for so much of tastemaking when it comes to luxury in the culture. Like from the beginning, like I swear I saw people get embarrassed and stop putting on the buttons shirts and all that shit.

SPEAKER_01

He you know what it is, man.

SPEAKER_00

Oh, it's funny to me when people say people say, Oh, like who's looking at Jay-Z to see how they dress? I don't know, man. People are watching Jay-Z, people watching people always not now, but back then. Now he just wears a hoodie, right?

SPEAKER_01

Like, but he's but that's the thing, man. He's that he's uh he's wearing his leisure, he's so he's so like when once you get to a certain point, yeah, like you don't have to think about. I mean, he wears suits and stuff all the time. He does. I think he likes doing that shit at the yeah, that's what Zuckerberg shit.

SPEAKER_00

That's the Zuckerberg shit, right? Zuck used to like go to these million dollar meetings with investors and just wear some bullshit hoodie in his shorts because he just didn't care, right? Jay, when he's casual, he's just fucking now.

SPEAKER_01

He's he's just wearing big ass baggy sweatsuits, he don't give a fuck anymore. You know what's funny? That's a phase in life, man.

SPEAKER_00

Yeah, I mean, there was a saying like sometimes the richest guy you know is in a Walmart flannel just because he's made so much money, he doesn't have anybody to impress, he doesn't care, you know. Like even Ralph Lauren, I saw him doing an interview a few years ago, and he was wearing a flannel from Kmart. Somebody asked him, What is this? He was just like, This is a Kmart flannel, not even his own brand, but it's because he wanted to like live this lifestyle of a rancher, so he gotta actually a Wrangler dog, right?

SPEAKER_01

They sell Wrangler in Walmart and Kmart and shit. Yeah, it's probably different types of no no no no.

SPEAKER_00

There's a difference. There's a Wrangler. I bought I bought quality when it was made in USA, it's good quality. There's two types of all these, like there's a version of Levi's you get at Target. It is not the same shit. The shit you get target's plastic, just like your AP. Like it's plastic, so it's it's made of polyester. Then there's like when I get mine for retail, organic cotton. Yeah, no, get it.

SPEAKER_01

I'm getting the I'm getting the little little the thing the the the what they call it, the little the the pop watch the amount of negative. They got the butt club too for them for the late for the ladies. Hell no, that shit is crazy. I hate AI, man. But everybody, yo, let me tell you something. I haven't seen one per well. I don't really follow the shit. I don't see anybody wearing them just yet. I guess people are getting their stuff, but I am excited to see what social media comes out of this as far as people flexing with these things. Well, for me, it's worse if you're wearing your wrist.

SPEAKER_00

Well, it's worse if you're wearing it on your wrist, because now 90% of what you're wearing on your wrist is fake because 10% of it is not actual. Listen, the wrist, the the strap is fake. That's not a real AP strap. Now this is an aftermarket. That's not 90% of it, though. Yeah, it is 90% of it. At least 80% of it.

SPEAKER_01

Don't get aftermarket straps to their real watches. That's different. That's not see, see, see people. This is what I'm talking about. Once you reach, once you become a millionaire like this guy, you don't need to chill, chill.

SPEAKER_00

Don't don't don't expose me like that.

SPEAKER_01

You don't know. Look, look, look, look. He's got like robot servants in his house, and chill them curtains over there, they move by themselves. They do, but that's this this, yeah, this is my mind. He he just said he goes, Yo, curtains shut, everything in the whole house shuts down, the lights come off. That's by him just talking. So don't get it twisted. He lives in a space house. Chill, chill.

SPEAKER_00

All right, but listen, no, the thing is this I'm not being bougie and I'm not being snobby when it comes to my judgment on this watch. Have your fun. Um, in fact, if I see you wearing it as a pocket watch as it's meant to be, like a lanyard, I'll give you props. But if I see you wearing it on your wrist, oh, you're gonna hate me, dog.

SPEAKER_01

I'm gonna see pictures. Please do put it around my dog's neck and everything.

SPEAKER_00

It's gonna that's funny. If you put it around your dog's neck, that's funny.

SPEAKER_01

Yeah, yeah. If you put it around like it's not made of plastic, you know, it's made out of like spake by biometric ceramic or something.

SPEAKER_00

That's bullshit. It's plastic, man. That's a fancy word for plastic. That's what they're doing. They're trying to make it seem a luxury. Listen, yeah. If I if I see your wife having a Gucci purse and it's like hanging off like a laboooboo, props. That's what it's meant for, right? This is the next labu boo, honestly. That's what it's supposed to be.

SPEAKER_01

At least that's you saw that AI picture I made. That's that's that's where it's gonna be on on the on some ladies out there. Listen, listen might prop up the labu boo market, to be honest with you. No, now I could accessorize better. They thought that was a match.

SPEAKER_00

Can I can I be honest? That's what they thought this was gonna be. They thought, because if you look at it, one of them matches that Louis Vuitton colorway, right? You know, talking about there's one that's like white, green. I don't know if you've ever seen it, but I've seen that Louis Vuitton purse that matches that exact colorway. This was meant as an accessory to be not worn on the wrist, but you can. I think they said you could wear it as a who am I to dictate with how you do what you want to do with it.

SPEAKER_01

Well, it's a pop watch. I mean, that's the way the stuff back in the 90s when those things came.

SPEAKER_00

Yeah, they took, yeah, you could pop the lanyard, they had the work. Here's my thing where they messed up, they should have just made it both. If it's a pop watch, the swatch used to sell pop watches where I think it came with the strap, and you could wear it as a yeah, you could wear it on your wrist. I had it, I had it.

SPEAKER_01

It had a string, it had a string lanyard, and it was different colors. I think um, yeah, and different bezel faces.

SPEAKER_00

They should have they you know where they messed up, yeah. And I'm sure resellers was pissed. When we can you imagine camping out, it's day four, you're camping out, dehydrated, and you find out this shit is a lanyard. Can you imagine how many people were pissed? I'm sure that took the value down in itself because if it came with a factory strap, out of here. Definitely people would pay. I can just you know, I can justify 5,000 if it came with a factory strap, maybe. But I mean, I'll give it props. I don't think it's even a quartz watch, I think it's a real mechanical movement, right? It's like a real automatic movement, so I'll give it props for that. I think five hundred dollars is justifiable. Um, any more than that, no, because at the end of the day, like all things luxury are kind of fake priced, anyways. It doesn't really cost you this much, and it's always 10 times the you know what it costs. But that's why I really don't want to pay $5,000 because imagine this is actually costing them $50 to make in your opinion. It probably is.

SPEAKER_01

I mean, they mass produced it. Yeah, so the more you the more you make, the cheaper it gets to produce them.

SPEAKER_00

If you just remind yourself this thing costs $50, you really would pay $5,000 so you still do it for sneakers.

SPEAKER_01

It depends on it depends on what the market dick takes, and also depends how much I want it. Now, if I if I really wanted it, yeah, I'm not saying I would pay five G's, but if it looked good enough, I have to wait till market goes down. I see a few social media posts, who's wearing it, who's not. I take all those things into account to understand if I actually want it. Not to say I'm yes, I'm definitely influenced, but I ain't gonna lie, but I don't think a lot of celebrities are gonna wear it.

SPEAKER_00

I don't think this is gonna be like a lab because I think a lot of celebrities are gonna be different.

SPEAKER_01

No, I think they're gonna be turned off.

SPEAKER_00

Celebrities want to wear shit that feels exclusive. Now that it's first of all, even if I would under I could justify those lines if they said this is a limited drop. This is not even a limited drop, they're gonna be making a million of these. So what the hell? You know, you think there's gonna be millions of people all together like lined up for this? No, it's gonna be shitting on. I I predict it's gonna be like the moon swatch because I remember at a certain point you could just walk to the store and get the moon swatch. There was no crazy line. Now, that's an omega AP collab, totally fine. In fact, you know what's funny? This is not even um, I don't want to call it a fake collab. I think they just licensed AP because no, listen, Swatch owns Swatch group owns Omega, like that's part of their um, you know. Um uh they own a lot of watch companies, and so so Omega is part of that group. AP's not even part of that group. They ap is a family, I think they're privately owned, right?

SPEAKER_01

Yeah, it's still privately owned, yeah.

SPEAKER_00

Four generations. Yeah, just like Rolex. Black man runs it now. Yeah, that's great. I love it. I love it. I mean, no runs it. Well, he's part of it. He's part of it. Well, he's actually related, he's related to the family, yeah. Yeah, yeah. I think it's screwed. Great. You know what? I uh I oh thing. Here's the other thing. I kind of always disliked AP owners because what'd they do to you? No, because they have this smug attitude when they look at you, they show you you see their watch, and they're like, Yeah, it's not a Rolex, you know. So they're like, I'm too rich for a I'm too rich for a Rolex attitude, is what they have, and now that attitude is gonna be gone because you know what? Anybody can have that shit. So I think this is kind of funny. I think it does what it does, I think it's great for the watch market in general because it gives more value to Rolex again. If anything, this props up the value of a Rolex. Rolex ever.

SPEAKER_01

No, no, uh I think so. I the I saw this stat, and I don't know. Well, I should have done more research.

SPEAKER_00

You're not gonna catch Rolex doing this.

SPEAKER_01

You're not gonna Rolex moves 1.1 million new units of watches every year. I know. AP moves 270,000 units every year. That's across their whole range of AP's a scholar. Yeah, but that that's telling you in the sense that then look, even if they sell let's just say a million half a million of these or 750,000 of these, right?

SPEAKER_00

No, they're gonna sell every single one of these.

SPEAKER_01

Well, I don't know how many how do you know how much they made? Do they ever tell they ever say?

SPEAKER_00

Oh well, I know. I think when Omega did the collab for when Swatch of the Collab with Omega, I think there was a million units.

SPEAKER_01

Even if they hit a million, that's just just above what Rolex is moving every year. Plus, you have vintage market, plus you have all the stuff. This is just a uh a uh uh like a like a it's not it's so celebrities aren't obvious, like you said, celebrities aren't gonna be wearing a bunch of bunch of regular people, myself included, maybe, are gonna buy it. The problem here is is that it yeah, like you said, people will probably know what it is, it'll be a little pop phenomenon, but it does I don't think it cheapens the brand any more than like it does, but but like there's a lot more cheapens AP.

SPEAKER_00

It cheapens AP.

SPEAKER_01

You gotta think about this. A Rolex, think of a Rolex, a real Rolex is easier to attain for a person with less funds, like you said. Oh, I bought this one for like two cheap. Look, you save your money, you can go get whatever you look.

SPEAKER_00

It's like you can get no no you can get a secondhand uh AP for cheap too. You can get a secondhand AP for twelve thousand dollars.

SPEAKER_01

Where? Anyway, 12,000. I'm talking like under 10. Can you get something of Rolex for under 10? Yeah, I'll get any kind of Rolex, even if it has scratches on it.

SPEAKER_00

No, you can't get a brand new one because you have to be on a list. That's the thing.

SPEAKER_01

I'm talking about old, maybe like damn, like little little little damage on the on the on the glass or something, or scratches on the bezel, whatever. I'm like, you know, you get them real cheap.

SPEAKER_00

No, no, no. You could so so something scratchy, Rolex. A cheap Rolex is three thousand dollars. That's how much yeah, that's attainable, and somebody will wear it with scratches and all. Yeah, well, that's what's cool about it because it's cool to wear that with scratches because it's got history, it's got potential.

SPEAKER_01

How many? Yeah, how's the whole culture out there that even okay? An AP with scratches on it probably goes for how much?

SPEAKER_00

Listen, the the culture. So, this is the a gold shampoo.

SPEAKER_01

Look at this. Let me show you that. Let me show you something on my screen.

SPEAKER_00

Yeah, can you yeah, show me the screen? I can't I can't see the screen.

SPEAKER_01

I didn't put it up yet.

SPEAKER_00

Let me see the screen.

SPEAKER_01

There we go. That's uh 2000. It said 2000. No, no, no, this is an auction, my bad.

SPEAKER_00

Yeah, that thing's gonna sell for $23,000. That's a 1980 selling for $23,000. That's how much it's gonna be. That's a day date. That's like super expensive.

SPEAKER_01

I put cheap Rolex in here and it's uh there's no such thing as a cheap Rolex unless it's fake. These are fake as fuck. $299.

SPEAKER_00

Yeah, those are fake. Those are not a real Rolex. Ooh, that's kind of dope. That is a dope Rolex, but is that a real one? Click on it. Rolex Oyster Gate. Fake. Fake. You cannot get that. Uh you can get it in the real one. It's fake. From New York. The dial is fake. It might be a real Rolex Oyster Perpetual, but that dial is aftermarket.

SPEAKER_01

Oh, you can tell. Like, you see how the magnify is like really off.

SPEAKER_00

Wow, they didn't even no no it's not the magnification, you can tell because of the price, first of all.

SPEAKER_01

Well, I can tell because but also like you could tell from that, like it's it you can just tell how it's supposed to be like so these this is like a Frankenstein.

SPEAKER_00

So this is what they call a Frankenstein, uh, meaning it's probably your real Rolex or just aftermarket dial, which is fine. But I wouldn't want to buy a fake dial, you know. Like for me, I'm a purist, I guess. So I I can't do the aftermarket dial. That's a fake dial. The watch itself is probably real. Yeah, the watch is real. That's just an oyster perpetual. It's an old 70s oyster perpetual. The celebration dial is aftermarket. That's a real Rolex, but that dial is aftermarket. You know why? Because the real one with that dial is um the real one with that dial would cost, I think, 14 to 15,000.

unknown

I think.

SPEAKER_00

Actually, yeah, go go go on eBay and put celebration uh dial, actually. Go on eBay.

SPEAKER_01

I'm trying to find this cheap Rolex just to prove my point. Hold on. Three cents. How about that?

SPEAKER_03

Yeah, there you go.

SPEAKER_01

Well, that's real. That $5,000 one's real. Well, these are all attainable. Here's one thirty seven hundred.

SPEAKER_00

Yep. And that is how many millimeters? 26 mil. That's not even uh that's a good role. Yes, a woman's.

SPEAKER_01

Oh, it's the same jeweler, too.

unknown

Yeah. Oh man.

SPEAKER_01

All right. Well, maybe you're right. Yeah. But market's crazy right now, so who knows?

SPEAKER_00

And people market's terrible right now, actually. This is actually something working. Watch market crashed. It's not a good market right now for watches. They used to be the it was peaking in 2020 and 2021.

SPEAKER_01

Yeah. Yeah, man. I don't know. But I still I'm still gonna get that automar. DJ. Have fun. Rolex. I mean Rolex.

SPEAKER_00

See, there you go. You got Rolex on your mind. That's what you really need to get.

SPEAKER_01

I don't want a Rolex, man. I I don't know. Something about watches. It's like so being so into like sneakers and and clothing, it's like a watch don't pop off your wrist unless it's something like crazy that people will recognize.

SPEAKER_00

I wanted a compliment. For me, like I said again, like that plastic watch. If you ever have kids or if you ever hand it off to your nieces and nephews, they're gonna be mad as hell because that you didn't get a Rolex and stuff for that price.

SPEAKER_01

If you well not buying it for that price because they're making a million of these, so I'm gonna be straight. Yeah, I'll get it for five, six hundred maybe.

SPEAKER_00

If you get it for no, if you get it for five hundred props. I'll if it's if if I can get it for five hundred, I'll get one just just as something. Give it to your child.

SPEAKER_01

Here to here, child.

SPEAKER_00

Yeah, there you go. Go play with it.

SPEAKER_01

Play with this. What do you think about chrome hearts?

SPEAKER_00

Um, I appreciate them, it's not for me. I definitely appreciate them. I love hardware, it's not for me. I'm not a hardware guy, you know. Like, I'm I'm not a big exposure. Oh, I definitely don't like the clothes. I like I like their hardware, I like their jewelry. It's not for me. I'm not Jim Jones, you know.

SPEAKER_01

I'm saying, like, you gotta be a Drake wears chrome hearts.

SPEAKER_00

Yeah, I mean, Drake, not the most fashionable guy, in my opinion. I think he's always late to the party. Fashionably he buys himself into a certain status for sure.

SPEAKER_01

I was wondering that psyche. Is it I don't want to psychoanalyze Drake any more than I have in the past, but right? Does he yearn to be accepted by by everybody?

SPEAKER_00

Like, you know, just tries to be, but also tries to push boundaries when it comes to he's the guy, he's gonna be the guy that's a billionaire still gotta chip on his shoulder, and that's uh that's uh he needs to seek therapy. I'm gonna be the phone caller. Sorry, I'm just asking. No worries, edit this out. No, um going back to Drake, I think he just needs to seek therapy, you know, because it's like the type it's like it's like the same shit with billionaires. Once you become a billionaire, some of these billionaires want more and more and more, and it's never enough. There is something wrong with themselves. Like that's just yeah, yeah, yeah. It's like uh he is trying to fulfill some sort of uh if Drake was married with kids, he's got kids, he's got I'm sure he's got a few kids. Uh we don't know that.

SPEAKER_01

We don't know, it's not our business, but he has one that he comes out. How many kids does Kendrick Lamar have? I don't know.

SPEAKER_00

I don't pay attention to him. No, no, no. I mean, he you know it's out there, he's put it out there. Well, but no, with the Drake thing, um, I think he is symbolic of a lot of people who wants to be accepted by all. Um, he's he's kind of like Elon Musk, you know, which I think he's got a chip on his shoulder, I think he's got something to prove. Um he's like Elon Musk, because Elon Musk really doesn't build those cars, just like he doesn't really make you know, write those songs.

SPEAKER_01

He didn't invent it, no. Uh, but the thing is that the innovation part of it and the understanding of what people want and and pushing boundaries when it comes to creativity, because mind you, there's nothing if you look, you know, you don't drive Tesla's I do, it's super minimalist, but also high tech at the same time, yeah. And then you see like Mercedes. So I've driven both Mercedes and Tesla. When you go into a Mercedes, there's a button for a button, right?

SPEAKER_00

You know, you're like it so much. I love buttons. Oh, I'm the opposite of the code.

SPEAKER_01

I don't need to control look when I when they give you a volume control on the dash, on the on the um gear switcher, on the door, and on the steering wheel to control volume. Like, what I don't even know.

SPEAKER_00

Like, what are you gonna do when that damn monitor shuts off and you got no damn buttons? You can't do all of them.

SPEAKER_01

A digital now, though.

SPEAKER_00

No, no, no, it doesn't matter. Uh the trend of buttons are coming back. Everything's coming, analog things are coming back.

SPEAKER_01

How many how long do people actually hold cars nowadays, though? They're built so badly that people don't hold loans for more than five years. So I've had my Tesla. I've my my Model S has been with me almost four years now. Haven't had one problem. Not one problem. First, I don't believe that. So you don't believe that, dog? I tell you, I would tell you if I had a problem.

SPEAKER_00

You know, I talk to you like every four years is a very low standard. I'm a Honda guy, and they'll last me.

SPEAKER_01

I don't drive a lot either, so it's probably holding it. See, that's that's that's what I mean. That's you know you only got like 32,000 miles on it over four years.

SPEAKER_00

So 32,000 miles, dude, that's like driving it for a year. That's basically telling no the average person. The average person drives 30,000 a year if they're commuting. Yeah, but I haven't heard much, much, much I haven't heard people really complaining about like nothing but disaster stories.

SPEAKER_01

That's what they're reselling. You're on the wrong side of the internet. No, resell valves because of the batteries. It's the batteries, yeah. That's true. That's all electric cars, though. It's all electric cars, yeah.

SPEAKER_00

It's it's a waste. That's why you lease them.

SPEAKER_01

You lease them, lease them.

SPEAKER_00

Yeah, you lease them. I get it. Listen, um, I don't have too much to say about Tesla as a car because I don't even consider them cars, like they're just like an iPhone to me. So yeah, a little tablet with a car attached to it. Yeah, it's like it's like for me, Tesla's no offense. You Tesla is for people who don't care about cars, you know.

SPEAKER_01

It's it's it's drivable. Wait, wait, I I I I took you and your wife for a little test drive. She loved it. You guys loved it.

SPEAKER_00

Yeah, because we're loved it.

SPEAKER_01

Like, oh my god, it's driving itself, yeah, so simple. It's soon that's gonna be everything. Yeah, soon that's gonna be every time. I think most cars are like that, but from a reliability, take it from somebody who's owned a Tesla since 2019.

SPEAKER_00

I'll take it from you if you had 100,000 miles on that Tesla. I'm not listening to somebody that got 30,000 miles on a Tesla Tesla.

SPEAKER_01

That's such an old way of thinking, bro. 100,000 miles. Nobody people switch up cars all the time. You have to switch up cars nowadays, you have to move with the technology.

SPEAKER_00

Not if you're buying a Honda. So this is what happened. Yeah, Honda will last you 400,000 to a million miles. Um, no, I'm not making that up. It literally will run up. No, Honda will last you a million miles. I'm not making million miles, people. Not the new Honda's. Listen, the 90s Honda will last you a million.

SPEAKER_01

Shout out to my boy Kenny. He he had the yo, he used to. I swear he lubricated that thing with baby oil or something like at some point because he couldn't pause. Yeah, pause. But like, yo, those cars are so reliable. The maintenance was easy. You could do the maintenance on your own in most cases. If you knew how to change oil and knew how to change a tire, that was probably the only maintenance you ever to put on it. You got a manual, you just do it yourself.

SPEAKER_00

But they purposely, yeah. But you know, they make them so they purposely make it hard now. That's what the Germans did. Like, yeah, Porsches, you can't even you you gotta like remove a whole damn engine just to change a goddamn oil on these things. Oh, yeah, don't you ever see? I watch crazy oil.

SPEAKER_01

They do this purposely, I think. I watch these videos with these dudes changing oils on like Bentley's and shit. You gotta take off like five different panels inside the engine block and all this shit, and then just to get to a bolt and take the bolt out, and then and then it's like and you know, and they do it for half the price that Bentley does for. He called the man, he finished the thing, he said, Yeah, I did this for a customer for like what's like 400 bucks, right? Yeah, which is crazy for an oil change. He called Bentley just to say, like, hey, how much does it cost for $1,300 for an oil change?

SPEAKER_00

Yeah, $1,300. Listen, that's not maintenance, that's just oil change. Um, I know with the Porsche when I used to have a I used to have a cayenne, it cost me $2,500 every time I took it to the dealership.

SPEAKER_01

Yeah, like out. I had Audi Mercedes. I always same thing. Audi is the same thing as Porsche, so it'll cost the same almost. Uh my second one, my lease I bought that came with a warranty package, so I didn't have to pay for anything. Routine maintenance was 99 bucks. I just went in there and just waited for it, and they did like whatever as long as I hit my maintenance. But I didn't really drive again that much. I don't drive that much, period. And now I'm just like leasing cars. I'm not a collector, I don't really care about this shit. Like, I'm gonna own my my Model S in five months. So once I own that, that's gonna be the daily driver. That's it.

SPEAKER_00

Once you own it, celebrate once you own it, celebrate it with your A-Piece watch. Go get go get an A-Piece watch in commemoration of paying it off.

SPEAKER_01

I mean the payment, yo, that shit. I was paying like $2,200 a month for it. Damn it. No, that's why I got paid off so quickly. Oh no, no. Oh, okay.

SPEAKER_00

Oh, I'll get it.

SPEAKER_01

I was overpaying. I was yeah, I put I put like fit and I I bought it, I bought it during the pandemic. I think I told you the story. I bought it during the pandemic at the very high price. I paid I'll say, I'll say it here, about $111. And then it went down to $86. Okay, they the prices dropped when the markets changed, and now they stopped making it. The prices went up again. They actually offered me like I think $38,000 to buy it back. I was like, damn, 2022. I'll sell that joint.

SPEAKER_00

I switched cameras real quick. I switched cameras.

SPEAKER_01

Yeah, I'm gonna now have to zoom out, but nah, like that um that car, like I said, it's been very reliable. And I know you've driven a lot of a lot of nice vehicles in your day now.

SPEAKER_00

Yeah, yeah. I love I love cars. Um, yeah, same thing. I just there's kind of a resale culture in cars, even now. Everything's fucking been infiltrated by these motherfuckers because like with Porsches, like 9-11s, they used to be very affordable. Uh used ones. Now these used ones are even mad expensive. I'm just like, man, you can't enjoy nothing anymore. Like, it's like people it used to be like cars were the last thing that you could get infiltrated by this whole culture, and now even cars are kind of infiltrated with this mindset. Yeah, I blame social media, honestly, because everybody's trying to have everything, yeah. Something cool, you know.

SPEAKER_01

Yeah, and it's is this is wild because back in the day, you used to have to be, you know, with sneakers, clothes, anything. Like you have to be of the culture, be willing to still be outside to get it, right? Yep, um, know when the drops are happening. This is with watches, whatever, and it made it like cool. Like, you remember not no look, I wasn't into supreme and all that stuff, but people like legit used to line up outside for that stuff and do do do whatever they had to do, you know.

SPEAKER_00

I used to see it. I used to work in Soho. I used to see that line every Thursday. I was like, yo, these people are maniacs for that Supreme, yeah.

SPEAKER_01

That's wow.

SPEAKER_00

Supreme's back. Supreme's back now.

SPEAKER_01

I'm wearing it's good. A couple weeks ago.

SPEAKER_00

I'm not saying it because you're wearing it. I think Supreme's back. I think they're really doing their thing.

SPEAKER_01

Um, no, I love it. I love it. I I've been um, you know, I've I've been getting my Supreme. I I dude, I buy something from almost every drop for the past five years. A few things, and then now I buy even more. I just bought some stuff from last week's job, but I shouldn't have bought because I'm gonna try to get the podcast mic. They have the um, they're coming out with this microphone, the shore mic, with supreme on it. So I'm gonna try to get a couple of those.

SPEAKER_00

Oh, you're joking.

SPEAKER_01

It looks pretty yeah, they're gonna have one. It says Supreme right up on the side here, right? And right, it's the red, too.

SPEAKER_00

Every podcast talking about sneakers is gonna get one.

SPEAKER_01

I'm gonna get two, man. I'm gonna have two microphones right here. Just I'm gonna hook up two. Hilarious just for the flex. And I'm gonna put my my AP, I'm gonna write late stage, late stage capitalism.

SPEAKER_00

Oh, east stage, yeah. Late stage.

SPEAKER_01

They're gonna hate me, they're gonna hate me, they're gonna hate me.

SPEAKER_00

We're living in a crazy world, you know what it is. Yeah, I kind of did we ever have a final thought on this whole collab. Like, my final thought on this collab is go ahead. I I thought it was good for the culture, uh, but because buyers are dumb enough to pay 3,000, 10x, 100x, whatever uh retail, they've ruined it. Because the idea was to have people participate in the culture. We invite people that are into watches, invite them. But when you got people that don't care about watches standing in lines is ruining, like I was literally ready, I was excited. I was actually gonna go to Lennox Mall and buy one, but then I started seeing tweets about lines on Lenox Mall in Atlanta. I was like, nah, I'm not gonna get this damn watch. I didn't, you know, it didn't stop me when I found out it was uh um it was a pocket watch. That didn't stop me. What stopped me is seeing the foolery uh and the dumbasses in the line. I was like, I'm not doing that shit. And then so my final thought is maybe they should have just released it online. I don't know, they should have made it online. They are they are probably they're gonna make it and my other thing is maybe if if I was AP and swatch, I would probably change my mind and make it a limited thing, maybe make it worth it for these dumbasses and I mean have they produced them all already?

SPEAKER_01

I don't know. Maybe I think they did. There's they're drip their drip releasing because there's people still online. I saw you that video of that man waiting outside today. I mean, that's your final i uh yeah.

SPEAKER_00

See, like you you see shit like this and you wonder is the economy good, bad, or people just spash it insane.

SPEAKER_01

The economy of things has been good since 2020. People are taking like look, every when things are like shitty in the world and some companies dumb enough to give you a credit card when you don't have no credit. This is what happened in 2008. Yo, dog, I had no job, nothing. They offered me a $280,000 loan. What countrywide? Uh countrywide, they were one of the scammer companies. They offer me a 280,000 variable interest loan with no job to buy a house. And I was like, Why are you giving me this loan?

SPEAKER_00

There's a micro version of it.

SPEAKER_01

All it's like payday loans, and then the interest rates are crazy high. I get you know, it's it's so like it's terrible. It's terrible. And they're taking advantage of people who think it's free money, and they're all paying back over time. Oh, I'll do this, oh, I'll do that.

SPEAKER_00

That's what it is with Klarna, right? People are people are you know, people will have their sushi on Klarna now, they'll buy clothes, clothing on Clarna now.

SPEAKER_01

I am not stretching out a payment for for $50 stretched out over what five weeks or some shit. You gotta be broke. Don't do it.

SPEAKER_00

Times are rough, but that's the thing, they are capitalizing on the weak, the mentally weak, that are willing to do this.

SPEAKER_01

Yeah, I gotta, I mean, I I got credit cards, but I I pay, I try to pay them. I mean it is what it is. If that if that AP was online, they probably would have done Klarna. I think they can. Yeah, you can on the website anyway. I gave my final thoughts on this thing um in a video, and my sentiment is the same as yours. I kind of reiterated that the market for these is being driven by a bunch of poor people who want to aspire to something, but I also feel it was a good move for AP because it raises their bottom line, they're making a ton of money off of it. SWAT's making a ton of money.

SPEAKER_00

No, I think they just I think AP licensed it out, so I don't even know if they made it. Are you sure? Yeah, yeah, they licensed it out because again, AP is not.

SPEAKER_01

Well, they made money then. A I mean, they probably made a shit ton of money then.

SPEAKER_00

They must have. Oh, first of all, yeah. I think I mean one aspect you're not talking about is you heard about like they lost their trademark on the shape and all that.

SPEAKER_01

Yeah, because of the shape and all that.

SPEAKER_00

So I think they saw there was gonna be an influx of bootleggers, anyways. And when I say bootleggers, I don't mean like some underground shape, anything that look like just just just you know, other brands. I think other watch brands were gonna just copy the octagonal shape, and so they're like, you know what? Before it floods the market, let's let's get our one last. You know what this was? I think this was AP putting the final nail in the coffin for the royal oak. I don't think as a brand it's over. I think there's they're gonna design a new watch, they're gonna get a dope designer. I think we're gonna move past the royal oak. I think that's what that's gonna, I think that's what it's gonna lead to, which that's why you got all these people like DDG, all these people that paid 30k to 100k for these APs, they are upset, you know.

SPEAKER_01

But look at that that that just makes them more vintage, though. As time goes on, it makes it more rare.

SPEAKER_00

Well, these people are thinking in the now, you know.

SPEAKER_01

These well, you can't think in the now, bro. I got shoes in my closet from like nine years ago that I'm not having put on my feet yet that are that are worth you gotta put those shoes on that shit's gonna like well.

SPEAKER_00

I ain't got it's gonna evaporate when you put them on.

SPEAKER_01

Well, I'll sell it before that. But like you gotta think if you're gonna uh like I like buying shoes and all that. I'll wear them when I wear them. I don't go out as much as I used to, but if you're gonna you gotta um like think about how these things are gonna be valued somewhere down the line if you're a serious collector, because there will be a day where you say I have to get rid of that shit. You went through it with your watches, your clothes, yeah, and you're you know, you you're you're not ashamed to say, Hey, I have to let go of some of this stuff, but you could get back later.

SPEAKER_00

I don't yeah, I would never do it with watches unless I was looking to trade for something I want. Um, but with clothes, I don't have that kind of attachment. Only there's a very few pieces I have from like my polo collection where I'm like, I'll never get rid of this, but 90% of my polo collection could go, you know. But was the watches? I don't want to get rid of any of them. Like, I don't want to get rid of my first watch that I got in 1999, you know. After, like I said, listening to the Nas, like that Seiko. I got you know what I told my dad back then. I was like, Dad, I got the SATs coming up, I gotta time my tests, so I need to buy that watch. That's how I got my first watch, you know. That's fire. Yeah, that's how I got my first watch. And then when I graduated, I got a citizen. Um, and then I kind of would buy watches as not as a watch person, but as a complimentary like accessory thing, whatever. So back then I didn't understand. I remember buying a Marc Jacobs watch, and I thought that was fancy. And then when I got into watches, listen, when I got into watches, I found out that those are the worst types of watches you can get. Designer watches are the worst watch thing because it's just a licensing deal with fossil, basically. Basically, every one of these watches watches were dope back in the day, back in the 90s. Yeah, back in the 90s was cool because they were doing cool things. Um, but fossil basically is the company that owns all the designer watches. So when you buy a Versace watch, the only designer watch that is actually dope is Louis Vuitton. They're actually doing real um watch making, they're actually really into the culture. Louis Vuitton and Ralph Lauren, because Ralph Lauren uses ICW parts, they use ICW movements. So Ralph Lauren watches are dope uh as a designer watch, and Louis Vuitton watches are dope, but Gucci watches trash.

SPEAKER_01

Did you say you didn't like um Jacob?

SPEAKER_00

Um, I have my love for Jacob. I like Jacob for nostalgia purposes, but I don't like how they look. I never liked how they look.

SPEAKER_01

I love, I mean, they're just blingy, so I would just buy one for the bling. Yeah, I can't do that. I heard they're like very um, there's not they're not very intricate when it comes to the movements and stuff like that. They're not they're more for the show and the design.

SPEAKER_00

It is, it is for the show, and they have like the godfather watches and they have all these they sell watches for like a million dollars, yeah.

SPEAKER_01

Oh, I know, but they're all like customs for the most part.

SPEAKER_00

My my problem with uh Jacob is that there's the history of Jacob probably goes back as far as the 90s, so I can't justify paying those prices for a brand. That's like the same thing for me with Richard Mill. I can't justify paying $300,000 for a Richard Mill when the heritage isn't there yet. So I'm also just a purist when it comes to that.

SPEAKER_01

Like, if I'm gonna buy a watch since what the 90s, you know, is that a 30 more brand?

SPEAKER_00

I think 2000s. You know how the I'm I don't know if it's a myth, but they said they said that rappers made that brand. They did Pharrell, especially Pharrell. Pharrell was like buying these for like a million. But from what I heard, Richard Mill accidentally priced it at 300,000 instead of 30,000. They added an extra zero, apparently, and then they stuck with it. People, uh, yeah, by mistake, they priced it and they were people are willing to pay for it, and they stuck with that. I don't like that. I don't like if that's how your prices came about, not because of the craftsmanship, but because you made a mistake and you found out 2001. Oh, yes, that's too new for me. That's what, like, yeah, it's a Swiss brand, though. It's no, they're all Swiss brands, they're all Swiss brands. Most most there's most watches are Swiss or Japanese movement.

SPEAKER_01

They make well, according to the last last count they made was like 5,000 watches. So it's real, it's a real small operation. It is, it is.

SPEAKER_00

Yeah, no, it's uh I can't get into it because it reminds me of when people got into Frank Mueller's and then that shit died out. So I've what I'm afraid is when you put that kind of money into a watch and then it dies out, like damn, dude, you spent you spent three hundred thousand dollars on a watch that might resell in the future for thirty thousand. I don't see how you're protecting your investment even by doing some shit like that. So you think it's like a fad that you think before before we move on, can you check what the stocks are looking like at Omega right now? Swatch watch group. I mean swatch. I saw some guy posts. Well, I sent you that thing. Yeah, what is it looking like right now as of now? Because it's been what? Almost it's about no it can't well it only dropped a few days ago, huh? It feels like it's been a week. I would have thought that they it's only been like four days.

SPEAKER_01

Yeah, well, it's under swatch company. Okay. Yeah, so what's swatch to the market? My screen frame, share the tab. Here we go. Omega flex. Wait, it's not Omega.

SPEAKER_00

It's just no swatch, swatch. Yeah. Swatch owes Omega. It's down two percent. See, this is not good for the movie. Look at that. Okay, so let's look at a five-day report.

SPEAKER_01

It was a pop. No pun intended last week. This is evening. This is the way the market today the market's a little down. So okay. But Thursday there was hype. Or mez is up. That's surprising. Yeah, one month. See, right here on the eighth, I guess this is around the time they were about to announce it. It popped a little bit and then it goes down. Six month numbers. Well, this is its all it hit its all-time high last week. So yeah, when you hit an all-time high, it it tends to drop a little bit. And then once they start look, as they get sales numbers in, this will go back up. It's it's this is natural ebbs and flows. But I I don't think it's gonna make or break this company because it's a global brand.

SPEAKER_00

No, Swatch, Swatch won from this. I think Swatch won. I thought I thought this was a bad move for AP, not for Swatch. This is a great move for anything. If anything, you just made Swatch more luxurious.

SPEAKER_01

You didn't make exactly that could help them be more luxurious, but also you got bro, you gotta think like watches are not like for everybody, you know, because in our era, because we grew up at a time where we were exposed to swatch and fossil, and it was cool to wear those things, right? For sure. Casio watches, remember the calculators on them? There was a lot of innovation at the lower price points, yeah. And then the the other and that led us into this watch culture that we're into because we started listening to rap and you know, like we watches were a thing for us. Pop culture plays a big role in the world. Yeah, but what's the entry point for new guys like younger kids? These millennials, not millennials, these these these um, what are they called? Gen Z kids, yeah. Who give a fuck? They were dirty Air Force Ones. Like, you can't, you can't like that's that's that's absurd. That's like blasphemy. So introducing something like this, and you see people out in the streets like this. I've never seen something like this for a object of uh you know, like a new object in a long time.

SPEAKER_00

This is a win for the watch community overall, because so yeah, uh, I don't know if this is a win for AP, but it's a win for the watch community overall because watches are back in discussion, people might pay attention to what's on your wrist, right? So, in that sense, that's why I said I think this is a win for Rolex, actually. I think this is a bigger win for Rolex than it is for AP because it did two things, it made people look into watches, but at the same time, people who own their APs. I've heard on the internet people are like, Oh, I'm gonna go sell my royal oak now. Fuck this shit. So that's bullshit, bro.

SPEAKER_01

They're not selling, they just want hit clicks and likes, right? Come on, you believe that shit? No, If you sell your royal oak, did you sell it yet?

SPEAKER_00

I don't have a royal oak, yeah.

SPEAKER_01

Right. This man got no.

SPEAKER_00

I want to I if I get a royal oak, I'm gonna get a uh like an old 80s one, the quartz movement. Like you can get it for twelve thousand dollars. I love how that I love how the 80s Royal Oaks look, they look beautiful.

SPEAKER_01

I have to start looking into it. I mean, once I get my my my my finances straight, yeah, I'm gonna look into buying a nice watch. I've been promising myself I'm gonna do it, either get a roly or a or something now, you know. I I feel like you should get a get a roley, man. You ain't gonna regret it because it's timeless, it's timeless. It's cool, but also like I'm not gonna I'm not jumping out the window for a watch, and there's other things I would want if I was gonna buy some kind of like successory.

SPEAKER_00

So well, you know what's funny about the Rolexes? So you could get a starter Rolex, right? So Rolex lets you when you go to the Rolex dealership, they only let you finance just the starter one, which is eight that starts at seven thousand dollars. It's everything else they call it a professional model, so you can't finance the other ones, but you can get interest-free financing for the starter one, which is the oyster perpetual. Beautiful, they're simple, beautiful. But the funny thing is, if you get the right colorway for like a pistachio dial, you could get it for $7,000. And if you get a call back from Rolex, because you can't just go to the store and buy one. I mean, very rare occasions you can, but if you're lucky enough to get a callback and you buy yourself a pistachio dial uh oyster perpetual for $7,000, the next day you could sell that back for double. Next day on the on the second hand market. You could sell how do you get a call back?

SPEAKER_01

What is that? It's like a I don't know.

SPEAKER_00

I'll never know. Listen, I don't want to talk too much. I don't know, no flex, but the Rolex is a client of mine, so I don't want to do things.

SPEAKER_01

Well, yeah, uh, we could talk offline, but are you in a club now?

SPEAKER_00

Or you could just be like, yo, let me I thought shooting commercials for them would put me in the club. No, they don't give a fuck. That's how exclusive they are. Very exclusive.

SPEAKER_01

Yeah, I mean, money is yeah, I mean, they won't let they don't care if you have money, they do, yeah. Yeah, yeah, but then like if yeah, they care if you got money. Come on, they made uh LeBron James a watch, Tom Brady a watch, yeah. Jay-Z got his own, yeah. But I mean, talking about other people, you know, like that. I'm not talking about Rolex, I'm talking about these nice watches, yeah.

SPEAKER_00

But Rolex has like you could, you know, Rolex has off-the-catalog watches, which is authentic roll Rolexes that are actually they some of them come factory iced out if that's your thing, but they cost like a million dollars, you know. Like Rolex makes Rolex's starting price is seven thousand dollars retail, and then they go up to a million. And then if you are buying used, you could buy a used Daytona from the 70s. If it's like uh Paul Newman, that shit sells for like four million dollars at Solibi's for auctions. So that's what I love about Rolex. There's a rich history. Um, I think I think I think the only guys that hate on Rolex are AP guys, it's so funny.

SPEAKER_01

Yeah, there's not many of those.

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