From now on I will boycott Rolex: Please join me.

[rolexest]

Yes everyone please boycott Rolex... so that I can buy them all

[Ollie1982]

Too many words, I'm either very sorry that happened to you, or really pleased for you. Please use as necessary.

[Benzsiam]

Originally Posted by rolexest

Yes everyone please boycott Rolex... so that I can buy them all

[GONZO2LR]

you got your Rolex right? So who are you crying for?....who's done you wrong?

[Tanalasta]

Umm... your friend is essentially behaving like a grey dealer except he's 'gifting' or 'selling' at 'list'. At the opportunity cost of everybody else on the AD clientele or future clientele.

Remember that the AD does not have any difficulty turning over any of their Rolex pieces that arrive. They have chosen to share the love with more than one person. How an AD chooses to do business is up to them. If a high net worth individual cannot move beyond Rolex, then the WIS in me is going to nod and move on.

[lmcgbaj]

This is a Rolex forum bud. LOL

[bob sims]

Originally Posted by TheVision

LOL. It's just a watch brand afterall. It's their global marketing that brainwashes your brain into thinking you must own one.

Tons of other better brands/watches out there rather than being obsessed with just Rolex.

There's 100 million very nice watches for under $200. Look great, keep perfect time. Timex for one-I've had 2 Timex Automatics for over 40 years and still work great. For raw time that $15 Casio digital works fine. Cadissen and Armitron make lovely looking watches under $100.
I want Rolex. I couldn't afford one for 40 years and couldn't afford a second one for the next 20 years. Now that I have inherited money I have bought another one and planning on buying one every year for the next 3 years; with NO patience for playing footsie games with AD's. And I am dying with the watches so this ain't about $$$$$$$$$ as people post ad nauseum. Nor do I have or will ever have an Instagram or Twitter account.
Plus no one will "brainwash" me into thinking I have to play games with an AD or go on a wait list for years I may not make it to. My motto is:
Pay Today
Play Tomorrow Morning!

[FinanceProf]

Originally Posted by ShougekiMaru

........has helped friends to get their dream watch, list price...........

Isn't this literally the definition of your friend being a "grey market dealer"?

1. Buy from an AD with the intent of selling to a third party
2. Immediately sell the watch to another person
3. Whoever was on that AD's list who has been waiting for that watch for months/years doesn't get the watch because you are the continuous "big money" for the AD.


He might not be taking a profit from his friends on the deal, but that sounds like grey market dealing to me....

[HL65]

Thanks but I will stick with Rolex!

[double]

Originally Posted by HideMyWalletPlease

Guy has every Rolex keeps trying to buy more. Watches are going to friends. Not that surprising.

- the people buying lots of the same Rolex steel models over and over again from certain ADs aren't selling them for list price to their friends.

The Omega Planet Ocean is a great watch, enjoy it!

[KatGirl]

Originally Posted by zengineer

I find your outrage quite childish and silly so I have decided that I will not be joining your boycott.

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LOL Thanks for that! My kind of humor…. To the OP, “Say what, now?”

Kat


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[ArtNouveau]

Holy Necro-thread. The guy’s boycott started 3 years ago.

[piratfisk]

Originally Posted by ArtNouveau

Holy Necro-thread. The guy’s boycott started 3 years ago.

Rumor has it he glued his hand to the boutique's door & wore at t-shirt that says "Steel GMT or death." Could still be there for all I know.

[Mccall86]

I'm glad Rolex was able to withstand the boycott!

[kieselguhr]

I have failed you miserably. I am sorry

[Kevin of Larchmont]

Boycott failed.

[brandrea]

With the amount of time I spend on this forum, I’m surprised I missed this thread

[dba]

Originally Posted by brandrea

With the amount of time I spend on this forum, I’m surprised I missed this thread

Me too. But damn, I love the look of that Omega. Anyone know the model number off hand?

Disregard, found it. It's their 50th Anniversary GMT.

[vipereaper30]

OP quit the forum in 2021 so maybe he really did give in.

[Mystro]

Originally Posted by kieselguhr

I have failed you miserably. I am sorry

You sicken me……. Now look let’s look at our at all our new Rolex watches..

[GGGMT]

Originally Posted by brandrea

With the amount of time I spend on this forum, I’m surprised I missed this thread

Me too!

A boycott of one! Stand tall, OP, make us proud!

As for me, I love the brand, and I love the watches I don’t hold it against Rolex for making something that is so unbelievably popular and well done and beautiful that demand has skyrocketed through the roof!

Now, back to my waiting lists!


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[painexpert]

Originally Posted by Mendota

Please stop calling Rolex a non-profit company. Stop!! Someone created that false story because they didn't know what they were talking about and now everyone believes it. They are very much a for profit company, just like every other company on the planet.

Rolex gives a percentage of its profits to the Hans Wilsdorf Foundation. THAT is the charitable entity. The Hans Wilsdorf Foundation is the sole owner of Rolex, but Rolex is absolutely a for profit company and only a percentage of its profits are going back to the foundation. They are paying employees, investing in R&D and capital improvements, investing with their pension fund, and doing everything else that for profit companies do.

It's the exact same as every other big company that also has a charitable foundation they run with profits. General Mills, 3M, Ford, Cargill, thousands of large companies all around the world do the exact same thing, but they are not "non-profit" companies themselves. It's the foundation that does the charitable work. The company makes money and then contributes some of that to their foundations. SOME of it, not ALL of it.

Excellently stated.

[Calatrava r]

Originally Posted by painexpert

Excellently stated.

I believe they are set up legally as a non-profit with a total pour over of net profits to the foundation. Merely paying your bills as every company/charity must do, does not make it a for profit operation. That would require net profits to be paid over to the owners to use as they please.

[996marty]

Maybe for the OP the boycott is over I guess we’ll never know

[Hollie_Rollie]

OP is a man of his convictions. Good for him.


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[4reRlxGuy]

My last 2 purchases this month were not rolex. AP and Grand Seiko

[Kevin of Larchmont]

Originally Posted by Mendota

Rolex gives a percentage of its profits to the Hans Wilsdorf Foundation. THAT is the charitable entity. The Hans Wilsdorf Foundation is the sole owner of Rolex, but Rolex is absolutely a for profit company and only a percentage of its profits are going back to the foundation. They are paying employees, investing in R&D and capital improvements, investing with their pension fund, and doing everything else that for profit companies do.

You do know that profit is what is left over after you pay your obligations, don’t you?

[nosignalbmwdriver]

is that a gmt master??

You: “Actually it’s an omega seamaster planet ocean gmt”

Oh…

😂😂😂

[MJ EXPLORER]

Originally Posted by HideMyWalletPlease

Can you imagine if they stopped selling Cadillac’s to Elvis?

Fun story. My grandfather back in the day was a big Rolex and Cadillac fan. When he bought his 50th Cadillac, the CEO of GM sent him a handwritten thank you letter. Old school cool.

[Scaramanga74]

Originally Posted by HideMyWalletPlease

I’m glad they cut him off. “Helping friends get their dream watch at list”. Enjoy your Omega.

Yeah, he was flipping them