Comments by "Samson Soturian" (@samsonsoturian6013) on "Why Fake Rolexes Hurt Dealers In The $20 Billion Used Watch Industry | Insider Business" video.

  1. There's another reason to keep production below demand: Luxury items are a high risk business. When times are bad, demand evaporates. It's better to have fat profit margins when times are good than mass layoffs every time there is a problem.
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  2. It's peacock fashion items for men.
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  3. Big money and big risk in big luxury items generates clicks from slightly greedy people, though
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  4.  @gerry343  you've been scammed before and you'll be scammed again
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  5. They are luxury items to begin with.
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  6. Vhut?
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  7. No one gives a rip. He knows stuff or he doesn't
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  8.  @gerry343  Not if you know anything.
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  9. Go to China. They're the biggest producer and consumer of fake luxury goods buying almost exclusively European and American brands. People there will even take Starbucks coffee cups and fill them with tea just to look more cultured than other people at work. I wish I was kidding.
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  10.  @ericp1139  the thing about these fakes in China is a lot are even sold as "copies." Meaning it isn't always the buyer getting scammed. But yeah, someone who can recognize a Rolex will also recognize a common brand that has the same functionality.
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  11. Dude, the reason they're sought after is because when men go full peacock they like high-functioning stuff.
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