Pent-up demand for luxury watches have never been higher since the era of Covid-19. Easy monetary policies globally combined with the relentless rising cost of goods material and inflation have spiked up demand for luxury watches around the world. According to a research study, Rolex brand accounts for one-quarter of the entire Swiss watch industry’s annual turnover based on implied sales of CHF 8 billion in 2020. As a result of these, prices for luxury goods have seen a significant double-digit increase since the start of the pandemic. If you think buying watches is just a wasteful hobby of the riches, you might want to think twice. But like all assets that continue to go up swiftly, there is a time when fast might put a halt to the rise and prices might correct over time. Watchmakers are usually careful when hiking prices of their goods because you don’t want it to become a...