Interesting Dilemma - All In or Fold

Here you can post stuff that is not related to Christopher Ward
User avatar
TheBeatles
Senior Forumgod
Senior Forumgod
Posts: 1847
Joined: Thu Sep 22, 2016 8:36 am
CW-watches: 5
Location: England

Interesting Dilemma - All In or Fold

Post by TheBeatles »

Interesting dilemma, would you go all-in or fold.

I have 4 that I couldn’t ever let go so would have to fold.

https://www.fratellowatches.com/would-y ... gle-grail/
Basically, I'm for anything that gets you through the night. Be it prayer, tranquilizers or a bottle of Jack Daniels - Frank Sinatra

All You Need Is Love - The Beatles
JAFO
Senior Guru
Senior Guru
Posts: 752
Joined: Wed Jul 15, 2020 3:59 pm

Re: Interesting Dilemma - All In or Fold

Post by JAFO »

You have to consider the betting, when you made your quads, and when he might have made his SF
And I think maybe you fold because you don't have the nuts, and his river bet was sized just right.

Well maybe sized right if he didn't have the nuts, and wanted you to fold
But maybe not right, if he had the nuts and wanted you to call

Tough game poker, on that final table.
"Pay the man his money" says TeddyKGB :D
User avatar
StrapMeister
Senior Forumgod
Senior Forumgod
Posts: 2093
Joined: Fri Mar 03, 2017 11:29 pm
CW-watches: 8

Re: Interesting Dilemma - All In or Fold

Post by StrapMeister »

That's an interesting read and dilemma!

From my perspective, I'd fold and "continue to enjoy what took me years to curate".

However, I have often thought about selling the majority of my collection to get a dream car which would give me just as much satisfaction and enjoyment.
My dilemma would be if he'd thrown in the keys to an Aston Martin DB5 :-k
2011 W5 Matisse Diamond (GF);
2011 C9 FLE;
2012 C60 Trident Pro 600 FLE (Red Jag);
2012 C70 GP MONTE CARLO;
2012 C70 DBR1 COSC;
2016 C60 Trident Pro 600 Vintage 43mm;
2018 C65 Trident Diver Bronze SH21 LE;
2019 C9 AM GT LE.
JAFO
Senior Guru
Senior Guru
Posts: 752
Joined: Wed Jul 15, 2020 3:59 pm

Re: Interesting Dilemma - All In or Fold

Post by JAFO »

I read the article more closely. In the article he says this
Then again, this is the hand of a lifetime. You study the opponent and ascertain that they’re trying to buy themselves out of a bluff. Is it time to match the bet or fold while you still can?
If you are getting odds to call, and still fold, he's pwned you. You shouldn't be playing with big boys. I was in the minority though. The voting was 2 to 1 for folding.
User avatar
jkbarnes
Senior Forumgod
Senior Forumgod
Posts: 2505
Joined: Wed May 24, 2017 8:39 pm
CW-watches: 2
Location: Virginia, USA

Re: Interesting Dilemma - All In or Fold

Post by jkbarnes »

That’s easy - I fold, for a few reasons. Firstly, as modest as my collection is, the memories attached to the important pieces make them invaluable and unreplaceable (<— spelling?). To give those up in pursuit of a grail makes me incredibly shallow.

Secondly, in my mind the essence of a grail is it’s unattainability. For me, the grail watch lives in the realm of folklore, shrouded by mist. It’s the unicorn, the dragon we’re always chasing. If you can get it, even in an all or nothing exchange, is it a grail? Not in my mind.

In that sense, I don’t have a grail watch. I might say the Reverso is my grail, but it’s truly not. It’s definitely attainable. I just refuse to spend that kind of money on a watch.

What makes this exercise interesting is the “all in” nature of it. I don’t doubt many of the collectors here would gladly flip a significant chunk of their collection to get the grail. But all of them? I have to think there are at least one or two pieces you might not part with. I might pose this question as it’s own thread: what piece would keep you from flipping your collection in an all or nothing pursuit of the grail?
Andrew
“I can't stand it to think my life is going so fast and I'm not really living it.”

C65 Trident Vintage
C65 AM GT LE

Wishlist:
C65 Trident GMT Worldtimer
C9 5 Day SS
C61 Trident


Find me on Instagram @jkbarnes
Or follow my photography on Instagram @jkbarnesphotos
User avatar
StrapMeister
Senior Forumgod
Senior Forumgod
Posts: 2093
Joined: Fri Mar 03, 2017 11:29 pm
CW-watches: 8

Re: Interesting Dilemma - All In or Fold

Post by StrapMeister »

Great reply Andrew :thumbup:
jkbarnes wrote:
Tue Feb 23, 2021 1:25 pm
....invaluable and unreplaceable (<— spelling?).
irreplaceable
jkbarnes wrote:
Tue Feb 23, 2021 1:25 pm
...would gladly flip a significant chunk of their collection to get the grail.
Yes a significant chunk, but NOT all of them, albeit for a car (Aston Martin DB5/Aston Martin DBS)
2011 W5 Matisse Diamond (GF);
2011 C9 FLE;
2012 C60 Trident Pro 600 FLE (Red Jag);
2012 C70 GP MONTE CARLO;
2012 C70 DBR1 COSC;
2016 C60 Trident Pro 600 Vintage 43mm;
2018 C65 Trident Diver Bronze SH21 LE;
2019 C9 AM GT LE.
User avatar
nbg
Senior Forumgod
Senior Forumgod
Posts: 9314
Joined: Sun Nov 24, 2013 6:43 pm
CW-watches: 12
Location: UK

Re: Interesting Dilemma - All In or Fold

Post by nbg »

In the specific situation outlined - I would fold.

If someone offered me a straight swap of my entire collection for a single watch worth 7.833 more than the collection - I would accept.

I would then sell the single watch, hunt around and buy back about 12 of the collection. Give some money to each of our daughters. Allocate some of the proceeds to buy another couple of watches that are more expensive than I would otherwise have purchased. Invest half the remaining balance, allocate what’s left to frivolous holiday expenditure.

Now back to reality!

Would I ditch my entire collection for a supposed grail with a value equivalent to my collection? Absolutely not. I have zero interest in doing so.

Neil
Other watch forums of interest:
TZ-UK
User avatar
missF
CW Forum Poet Laureate
Posts: 6033
Joined: Thu Mar 06, 2014 2:59 pm
CW-watches: 2
Location: Edinburgh

Re: Interesting Dilemma - All In or Fold

Post by missF »

Even if I did have an ‘expensive’ grail I’d get far more enjoyment, value and wearability out of having a small collection. I’m really not aspirational enough, in material terms, to crave one object that much
'The only reason for time is so that everything doesn't happen at once'........Albert Einstein
User avatar
downer
Moderator
Moderator
Posts: 23919
Joined: Thu Dec 11, 2008 11:02 pm
CW-watches: 1
LE-foura: Yes
Location: UK

Re: Interesting Dilemma - All In or Fold

Post by downer »

nbg wrote:
Tue Feb 23, 2021 1:49 pm
In the specific situation outlined - I would fold.

If someone offered me a straight swap of my entire collection for a single watch worth 7.833 more than the collection - I would accept.

I would then sell the single watch, hunt around and buy back about 12 of the collection. Give some money to each of our daughters. Allocate some of the proceeds to buy another couple of watches that are more expensive than I would otherwise have purchased. Invest half the remaining balance, allocate what’s left to frivolous holiday expenditure.

Now back to reality!

Would I ditch my entire collection for a supposed grail with a value equivalent to my collection? Absolutely not. I have zero interest in doing so.

Neil
That's a strategy I'd follow.

There's no way I'd swap my collection for a 'grail', as frankly, I don't think I have a 'grail', and I doubt I'd be satisfied with a single watch.
Richard
User avatar
tikkathree
Senior Forumgod
Senior Forumgod
Posts: 4421
Joined: Fri Jan 24, 2014 12:21 am
CW-watches: 1
Location: East Anglia - arr 'aas right buh

Re: Interesting Dilemma - All In or Fold

Post by tikkathree »

snipped
jkbarnes wrote:
Tue Feb 23, 2021 1:25 pm
For me, the grail watch lives in the realm of folklore, shrouded by mist. It’s the unicorn,
I'm pretty sure that you can get unicorn poo from China.....
C60 MKI COSC black, MKI black GMT,
C60 MKII Day Date LE, GMT White, LE SH21 x2, ACAN, Bronze Ombre LE,
C60 MKIII Ombre COSC, Elite 1000 GMT,
C6 K'fisher x6,
C60 K'fisher
C600 Tritech x 3,
C65 Anthropocene. Blue h/w,
JAFO
Senior Guru
Senior Guru
Posts: 752
Joined: Wed Jul 15, 2020 3:59 pm

Re: Interesting Dilemma - All In or Fold

Post by JAFO »

jkbarnes wrote:
Tue Feb 23, 2021 1:25 pm
That’s easy - I fold, for a few reasons. Firstly, as modest as my collection is, the memories attached to the important pieces make them invaluable and unreplaceable (<— spelling?). To give those up in pursuit of a grail makes me incredibly shallow.

Secondly, in my mind the essence of a grail is it’s unattainability. For me, the grail watch lives in the realm of folklore, shrouded by mist. It’s the unicorn, the dragon we’re always chasing. If you can get it, even in an all or nothing exchange, is it a grail? Not in my mind.

In that sense, I don’t have a grail watch. I might say the Reverso is my grail, but it’s truly not. It’s definitely attainable. I just refuse to spend that kind of money on a watch.

What makes this exercise interesting is the “all in” nature of it. I don’t doubt many of the collectors here would gladly flip a significant chunk of their collection to get the grail. But all of them? I have to think there are at least one or two pieces you might not part with. I might pose this question as it’s own thread: what piece would keep you from flipping your collection in an all or nothing pursuit of the grail?
It's good you named your grail, Andrew. (The reverso) Do you keep thinking to yourself. if only, could I, and so on, or have you settled that the price is indeed more than you could justify.

Now here's the thing. I just checked on Chrono24, to see the price out of interest, and they have a handful of these. One which caught my eye was "Jaeger-LeCoultre JLC - Reverso Classic Large" (is that quartz or mechanical). Showing as £4200 UK. You won't believe this, but it's brand new, 2021, in Oradell, VA. Never heard of Oradell, but I'm sure you have. I do admire Reverso's and if that particular model was the one for me.... well I just don't know. Sounds like fate! I look forward to seeing the pictures. :D

UK link.
https://www.chrono24.co.uk/jaegerlecoul ... 508702.htm

The only watch I couldn't part with is an omega geneve my wife bought me as an engagement gift over 40 years ago. And my speedy, which was my grail
User avatar
magicman
Senior Forumgod
Senior Forumgod
Posts: 2285
Joined: Thu Jan 29, 2009 4:45 pm
CW-watches: 3
Location: Loughton, Essex

Re: Interesting Dilemma - All In or Fold

Post by magicman »

Hello there

I've not played poker for a while, but if you go all in and lose, then you lose your collection.
If you win you get the grail and keep your collection.
So selling up and getting the grail, doesn't fit the Poker analogy, IMHO.

If you consolidated, to achieve the grail, that's not a gamble. Just a very tough, sentimental decision.

But that said, I would gamble, look at my Username.
I only play with marked cards.

So if anyone finds themselves in this situation, give me a shout, for some tips.

Regards Steve
User avatar
jkbarnes
Senior Forumgod
Senior Forumgod
Posts: 2505
Joined: Wed May 24, 2017 8:39 pm
CW-watches: 2
Location: Virginia, USA

Re: Interesting Dilemma - All In or Fold

Post by jkbarnes »

JAFO wrote:
Tue Feb 23, 2021 2:32 pm
It's good you named your grail, Andrew. (The reverso) Do you keep thinking to yourself. if only, could I, and so on, or have you settled that the price is indeed more than you could justify.
Here’s the thing. That kind of money is well outside my operating budget. However, if I really wanted it, I could start setting money aside and make it happen. So a watch of that expense doesn’t normally fall within the purview of a high school teacher, but it’s not a financial impossibility.

The bigger issue for me is that personally, I don’t think I’d feel comfortable or right spending such a significant chunk of change on a watch, let alone wearing it on my wrist. For me, it would almost border on vulgar to wear such an expensive item on my wrist as a public school teacher. I have no problems walking into my public high school (remember, public school here is something different from public school in the UK!) with an $800 CW on my wrist. Now an $8,000 watch? I just wouldn’t feel right about that.

Please don’t get me wrong, I don’t judge anyone who does! I’ve got a friend with two Omegas and I gush over them every time I see him wearing them. No judgement from me towards anyone who chooses to wear expensive watches. I just don’t think I could feel comfortable with it for myself. If I won the lottery, I’m sure that would change!

Additionally, if I had (or was saving up) multiple thousands of dollars for a luxury purchase, I wouldn’t put it towards a watch. I’d rather spend that money on an amazing trip with my wife or put it towards a new Mazda MX-5 in much better condition than my current one. Part of the reason I love CW so much is that their price point falls right into the range I’m comfortable with, both in terms of spending and wearing.

So in short, my own hang ups about owning a high end luxury watch and my spending priorities render the question of a grail watch moot. Honestly I get great joy living vicariously through eveyone’s collections here on the forum!
Andrew
“I can't stand it to think my life is going so fast and I'm not really living it.”

C65 Trident Vintage
C65 AM GT LE

Wishlist:
C65 Trident GMT Worldtimer
C9 5 Day SS
C61 Trident


Find me on Instagram @jkbarnes
Or follow my photography on Instagram @jkbarnesphotos
Richard D
Senior Forumgod
Senior Forumgod
Posts: 1370
Joined: Sun Mar 25, 2018 5:59 pm
CW-watches: 0

Re: Interesting Dilemma - All In or Fold

Post by Richard D »

No, defeats the objective to collect.
Richard
User avatar
TheBeatles
Senior Forumgod
Senior Forumgod
Posts: 1847
Joined: Thu Sep 22, 2016 8:36 am
CW-watches: 5
Location: England

Re: Interesting Dilemma - All In or Fold

Post by TheBeatles »

Looking at the responses, I think some have missed the point.
Basically, I'm for anything that gets you through the night. Be it prayer, tranquilizers or a bottle of Jack Daniels - Frank Sinatra

All You Need Is Love - The Beatles
Post Reply