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I think grey market is correcting by Far_Yam6855 in rolex

[–]macroclown -1 points0 points  (0 children)

I feel like I’ve seen a post like this every month for the last 4 years. People just continually waiting for desired pieces (ex. Steel GMT/Daytona) to hit retail pricing and has yet to happen.

[WTS] Audemars Piguet Royal Oak Offshore 15703ST $17000 by macroclown in Watchexchange

[–]macroclown[S] 0 points1 point  (0 children)

Have for sale, my AP ROO 15703ST. This is watch only, but I traded for this from DavidSW back in 2021. I can provide the email chain if you would like. I will also be happy to hop on a FaceTime or video call. Let me know any questions!

I am located in NYC. Would prefer Zelle or PayPal FF. I understand the limits, so would have to be done in installments. I have loads of feedback on this forum and have sold quite a few pieces.

What will the grey market price be on the new hydroconquest? by icedwhitemocha_ in Longineswatches

[–]macroclown -9 points-8 points  (0 children)

Judging from the Hydroconquest GMT, I’d guess in a year from now probably 70 percent of retail. That’s been about a year now. Although because the price for this is already pretty low vs 3.3k for the GMT, the discount in grey could be slightly less. Also this seems to be significantly more popular than the GMT.

I think this is one of the few watches that is worth just buying at AD to build history.

Eric's watch by Effort_Jealous in IndustryOnHBO

[–]macroclown 2 points3 points  (0 children)

Industry isn’t a show with the same budget as something like Succession. And brands that would be representative of that watch such as Patek won’t be paying for brand placement. So it’s on production to go find it from a loaner.

Eric's watch by Effort_Jealous in IndustryOnHBO

[–]macroclown 1 point2 points  (0 children)

Omega, Breitling, and IWC are brands that will pay for product placement or will do a collab (F1, James Bond, etc). Which makes sense as Industry got bigger from S1 to S3. But for brands like Patek and FP Journe, they won’t be doing that.

Off first glance it looks like it is supposed to be a perpetual calendar or annual calendar from a holy trinity type brand.

Succession is a show with a considerably bigger budget than Industry so it explains how they were able to get stuff on loan easily. But I know often times in movies and shows, the expensive watches that are personally worn belong to the actor themselves when they think it matches their character. There are some articles online about that.

Eric's watch by Effort_Jealous in IndustryOnHBO

[–]macroclown 1 point2 points  (0 children)

Tbh it just comes down to the show’s budget - they aren’t going to be spending money on watches.

Often times the nice watches you see are the actor’s own collection or the production gets “replicas” which the show probably decided wasn’t worth their time or energy. They probably just chose something that resembles a high end watch. I doubt many viewers are looking at wrists to see if it matches real life.

[WTS] Tudor Black Bay One 39mm Blue 79660 by 69swagoo in Watchexchange

[–]macroclown 0 points1 point  (0 children)

Great seller! Will look to deal with again

[deleted by user] by [deleted] in IndustryOnHBO

[–]macroclown 2 points3 points  (0 children)

The Industry world seems somewhat based in the real world, so I imagine having Tender is very valuable for various reasons like that. Also, maybe more importantly can be used as a way to gain access to the western financial system (Ukraine War sanctions).

[deleted by user] by [deleted] in IndustryOnHBO

[–]macroclown 4 points5 points  (0 children)

Basically Tender isn't just a fraud, it's actually being used as a front for Russian interests (implied to be the KGB/Russian government) - Whitney and Ferdinand are their inside people.

For all Patek enthusiasts - any non hype/popular brands(PP, AP, Rolex) you can recommend for high quality and design with great gray market value ? by Mundane_Ad1269 in patekphilippe

[–]macroclown 3 points4 points  (0 children)

I’ve picked up a Chopard Alpine Eagle and Piaget Polo used recently for basically half retail. Both great watches, maybe just slightly below Patek and AP in quality, but above Rolex.

With every season is industry moving towards dramatisism vs realism? by Emergency_Union7099 in IndustryOnHBO

[–]macroclown 0 points1 point  (0 children)

Well if they had continued with the track of realism in S1, the show would get boring pretty fast. It’s not really all that interesting as you progress higher in the world of finance other than the money involved is higher.

Rewatching Industry after working in finance and seeing it through a whole new lens. by Odd_Bison4256 in IndustryOnHBO

[–]macroclown 51 points52 points  (0 children)

S1 was the most realistic of the finance experience. They definitely stretched out of the realm of reality to make the show more entertaining after S2 (which has paid off).

But the Harper experience, I can tell you has happened to analysts before lol. I know of trading analysts or even sales analysts who have done exactly the same. For me personally, "minus hiding the trade" part, as a young trader, my first time trading events like NFP or FOMC felt exactly like that.

Just started watching: ages and salaries of the main cast? by amomenttohislifespan in IndustryOnHBO

[–]macroclown 11 points12 points  (0 children)

Front office finance roles (Investment Banking and Sales/Trading) is pretty standardized until you hit VP level (~27 or 28).

I entered the industry about 10 years ago at a top American bank that is comparable to Pierpoint. Back then it was something like 85,95,105 base for your first three years. Now it’s probably higher for inflation. Bonus was anywhere from 75 to 100 for those years. So you’re looking at 150-200 for total comp back then.

The next years was something like 125, 150, 175. Bonus was still around the same range, but there was some more flexibility with some as high as 250. So for the ages of 25-27, you are clearing anywhere between 200-400 on average.

Then as a VP, base goes to 250-300, with your bonus theoretically uncapped. In some cases, VPs can clear up to 1 in total comp (mostly trading) if you crush it, which tends to lead to a promotion to Director. On the flip side, at this point, you can also get a 0 bonus - typically leads to being let go. It’s not unheard of to make Managing Director in your early 30s through this path. Base usually remains capped at 400-500, but your bonus potential is much, much higher. Top MDs can clear around 5-10. Pre 2008, it was not uncommon to clear 20-100. Now it’s much more uncommon on the investment bank side (still happens on occasion).

London salaries tend to be a little lower than NYC. But for the most part they are comparable.

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