> I feel that the only reason to spend $5,000 on a watch is so that you can show off to other people that you can afford to piss away $5,000 on a watch There a

> I feel that the only reason to spend $5,000 on a watch is so that you can show off to other people that you can afford to piss away $5,000 on a watch There are social and political circles in which demonstrating the ability to piss away money without caring is the only way to rise in status/power. You think it's silly, and from a standpoint of pure utility, that may be true. But it doesn't make it less important to the people who move in those circles.