Who are the brokers and investors in the stock market? If you haven’t watched Wall Street or Wolf of Wall Street, what exactly is your problem? Go and view them both right away.
According to the contents of the videos, status is the most important factor for stockbrokers and investors. The only things that matter are how you present yourself and how others judge you. In this scenario, a watch’s function can have a significant bearing on the outcome.
The high-rollers would most likely be seen wearing pricey models from Omega, Tag Huer, or Rolex, and even collectibles made by Jaeger-LeCoultre or Vacheron Constantine. The rest of the players would most likely be seen wearing Apple or Samsung’s most recent wearable technology.
Take a look at some of the most well-liked stocks among stockbrokers and investors
In Regard to the Junior
A significant number of junior-level workers and interns choose to get an Apple Watch (which typically costs around $500). Casio G-Shock watches are occasionally spotted, and their prices range anywhere from $40 to $200, depending on the model. However, they are quite clumsy and cartoonish in appearance, and they do not inspire respect.
Some stockbrokers in junior positions wear watches from the Daniel Wellington collection, which can be purchased for about $400. Some individuals might go all out and spend up to one thousand dollars on a Hamilton Jazzmaster (you can read more about Hamiltons in our review here).
You have to be bold if you want to be noticed. The Omega Seamaster, which costs $4,000, is adequate for the task. In fact, it is so eye-catching that James Bond is known to sport one. Read on in this review to learn more about James Bond’s watches throughout the years.
The Stockbroker with More Expertise
The Autodromo Chronograph (which can be purchased for a reasonable $2,000) and the Breitling Avenger (which can be purchased for $5,500) are typical players at this level.
This level of money also allows for the purchase of a Rolex Submariner, which costs $7,500. It’s common to see students wearing it on their wrists in their second and third years. It is unique enough to make a difference, but in order to keep up with the competition after the next promotion, it will need to be improved.
Here we start noticing Tag Heuer. Most notably, the Grand Carrera, which costs $4,500. This should not be a possibility for anyone less senior than an associate, nor should it be a possibility for anyone less senior than that. Earning a Tag Heuer is a worthy goal.
At this level, Rolex once more rears its head above the parapet, bringing to our attention the fact that it is the preeminent watch brand. The Seadweller, which costs about $14,000, and the Blancpain Aqua Lung, which costs approximately $13,000, are two of the more odd options available at this price point.
The Vice President
A vice president is expected to wear nothing less than a timepiece from the Panerai Radiomir 1940 collection on Wall Street. The prices range from $7,500 all the way up to roughly $23,000 for the most expensive item in the collection. It would be best if you did not entertain the notion that anyone will be deceived by anything else than the latter.
Of course, vice presidents of companies on Wall Street also wear Rolex watches on their wrists. James Gorman can be seen wearing the aforementioned Daytona watch, which retails for approximately $13,000. Who? That would be the Chief Executive Officer of Morgan Stanley.
There is also the option of purchasing a Vacheron Constantin Overseas watch, which costs just under $20,000, or a Panerai Luminor, the most expensive of which costs $28,000.
Directors, including both Executive Directors and Directors
As we take a look at what a watch worn by a stockbroker at the Director level looks like, we are now getting into some really serious financial matters. Greater than the annual income of the typical worker in its entirety.
The Glashutte Senator Skeleton Dial, which retails for close to $50,000, can be found on the wrists of a select few influential people.
However, there is still more that can be obtained. When you reach the Director level, your only option is to strive for another promotion to the MD level. No, MDs do not typically wear Rolexes. They wear a Breguet Classique watch, which costs $52,000. If they are trying to save money for a second house, the Jaeger-LeCoultre Master Tourbillon, which retails for $40,000, is ideal for a second watch.
On Wall Street, the man who most likely possesses the most impressive luxury watch collection may be found sitting in the second-best seat in the house. There is a good chance that you’ll find Lange & Sohne in that collection. Why? Mainly due to the fact that their prices range from $36,000 to $150,000. More than the vast majority of individuals could ever hope to afford to spend on a vehicle.
Consider purchasing a Nautilus Chronograph for the price of $50,000 if you prefer your extravagant behavior to be a little bit more understated.
When you reach the partner level, the rules immediately switch around for you. You are no longer responsible for influencing anyone in any way. You are free to use a Fitbit if you so choose.
Some people can be seen walking around the office while wearing a Swatch, which can be purchased for as little as $50. Some appreciate sports watches like those from Nike ($85).
Jamie Dimon, CEO of JP Morgan, is known for wearing the power-move watch that is considered to be the most influential timepiece in existence. Absolutely no watch at all.
In the end, the number of functions a watch has is not the deciding factor in whether or not it is the finest watch for a stockbroker or an investor. They don’t need to be able to withstand shock, they don’t need to be able to withstand water, and they don’t need to have any smart features or the capacity to track how well you sleep.
There is no way around the fact that the price of these watches should be very high.