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Ben Clymer

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
932 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

I don't anymore.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

But as a journalist, I went to journalism school.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

I would say two types of companies, one of which is the more you learn about the company, the less you like, the less you respect them.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And frankly, that's a lot of luxury companies.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

You realize that, okay, this Swiss-made watch is actually made in China.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

This bag is actually not hand-sewn.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

It's sewn by a machine, you know, little things like that.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And then there are other companies where the more you learn about them, the more you like them.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

Rolex is the architect of that.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

That article that I read in 2015, that was a foundational shift, in my opinion, of how watches should be made, mass luxury watches.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And I think they continue to innovate in a way that we at Houdinki continue to strive to be like.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

I mean, as an example, they have two in-house components that nobody knows about or very few people know about.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

One of them is called Parachrome, which is a balance wheel, which is literally like the thing that rotates inside the watch.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

There was basically, I wouldn't call it a monopoly, but pretty damn close to monopoly on getting those things.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And everybody from Patek to Rolex were using something called a Nivarox balance wheel.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And Rolex said, you know what?

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

We're going to make our own at some astronomical cost.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And it's going to be 10 times as accurate as the competitor.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And they did that.

Invest Like the Best with Patrick O'Shaughnessy
Rolex: Timeless Excellence - (Invest Like the Best, CLASSICS)

And that's one of the few times that they actually communicated on like a technical innovation.