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The Banker's Guide to Watches

Slow bank holiday night, so I figured I would go into this. After having followed watch brand for some years and having had countless conversation with fellow consultants and banking friends about why you don't spend your first bonus on a fucking mixed steel-gold submariner, I figured a brief guide about watches may help.

DISCLAIMER: I know that a large majority of people won't care and neither will the large majority of co-workers, but some might and looking like a knob to those who cares is the worst way to start a career. I also want to state that these watches are my personal preference - this is in no way an objective review so please avoid the Monkey Shit for having left out your favourite Tissot model.

Whilst some of you may have read the GSElevator guide to watches on Wall Street, I think it does a poor job and offers the same insight into watches as someone who went on the Richemont Group's website for the first time and memorised some names. Regardless, here goes:

Intern

You're tucked away at the back of the office and the only people you see are your fellow interns and the raging face of associates and VPs as they shit down your neck for having put an extra comma on slide 37 of 80. Your salary isn't bad, but you can't exactly go eating lobster and caviar whenever you please. You've spent the last 12 hours building a model and aligning logos on a deck you'll never see again and are counting the minutes until the clock strikes 2am and you can finally go home for those well deserved 3-4 hours of nightmare-fuelled sleep. You need something that clearly shows the fading seconds.

Top Recommendations

Oris Divers Sixty-Five (~$2000): neat, simple, small and under the radar whilst maintaining good visibility and a clean dial.

You can buy it on authenticwatches.com.




Tudor Black Bay 36mm (~$2700): does it slightly look like Rolex's explorer? yes. Is it better? yes. As above, it's slim and near without attracting too much attention but still has the quality and durability of a watch crafted by the Rolex group.

You can buy it here from Crown and Caliber.



Baume et Mercier Classima (~$1000): subtle and elegant. Unknown to most and still a phenomenal timepiece

You can buy it here at the company webiste.

Analysts

You got the offer, accepted it and now can do endure the daily barraging on a full time basis. Yet, it feels different to know someone out there looked past the hungover mornings during the internship, the awkward attempted hookups with the smoke show intern and the constant fuck ups to give you an offer. You feel proud, confused and scared at the same time. You've already endured 3 months of this so you have an idea of how things work, plus you'll get to go Sean Penn on some interns in a few months. Still, you're mostly at your desk but can carry yourself with a bit more confidence than you did during the summer. Go on. Treat yourself.

Top Recommendations


Rolex Datejust Stainless Steel (~$7800): finally, you can get a Rolex. To those asking 'when the fuck can I buy a submariner?' the answer is whenever - just never wear it to the office. This is a personal taste, but with the plethora of models Rolex offers, the best suit watch has to be the datejust. Simple and elegant, yet a bit more noticeable without the big 'fuck you' bezel of the submariner.

You can buy it here on Amazon.



Zenith Elite Chrono (~$7300): you're not coach Carter running suicides at Richmond High so the chrono will not be of practical use, yet it fits perfectly with the design of the watch particularly the black dial with the black leather strap.

You can buy it here on PrestigeTime.



Omega De Ville (~$3300): similar to the Zenith mentioned above, the simple dial and design allows it to blend in with formal suits perfectly. Some may prefer better known Omegas (speedmaster, seamaster etc) but again, I wouldn't wear them with a suit.

You can buy the watch here on Jomashop.

Associate

You officially have errand boys! Slowly rising up the ranks, grinding away hard as always and now allowed to look at clients in the face, this is your time to shine. Salary gets bigger, bonus gets bigger, office hours shrink (slightly) and more people start to notice you. Why? You have responsibility. You're teaching the apes below you simple tasks and if they fuck up, as much as you can shit on them later, you'll be shit on first. Make sure you can fit the big boy pants with a big boy watch. A word of caution here. Since you'll have pretty good money at this stage, it's easy to fall into temptation and go full Lil Wayne with a shit flashy watch. Do the research, ask friends. At this budget, there are plenty of watches you can buy.

Top Recommendations:


Blancpain Villeret (~$14000): this is a family of Blancpain models and variants exist discontinued on the 2nd hand market or brand new. Either way, this watch shows fellow watch enthusiasts you certainly have taste and if you don't care what others think, enjoy the fact you're wearing a phenomenal watch from one of the oldest brands in the world

You can buy this watch here on Jomashop and learn more about the brand on the company website.



Breguet Classic (~$13000): again, a family of models and again a simple yet elegant piece. For classic watches around this budget, Breguet and Blancpain go head to head so either way, you're making a good decision.

You can purchase this watch on Jomashop.



Rolex Cellini Date in White Gold (~$17500): a lot of people have mixed feelings about Cellini's and yet they remain a classic. It may be strange to consider having a gold watch but the case is slim and the white gold is subtle, not flashy.

You can buy this watch here on World's Best.

Vice President

You're making real money, you're managing teams. Time to get a man's watch. It is at this point in the rankings that the GS Elevator article mentions the rule that you can wear a Daytona only from VP level up. Is this true? No clue. Either way, if it is then go out and get a steel one to join the thousands of others who have no idea what to do with $15000. Great watch by all accounts, just simple. You can do better.

Top Recommendations:


Vacheron Constantin Patrimony (~$25000): This is a big purchase. Again, this is a family of models and the lower end models cost around this much. You're wearing one of the brands that brought Swiss watchmaking to life on an international level. It's time to start looking at the big brands, but the non-traditional models.

You can buy this watch on the company website.



Jaeger-LeCoultre Geophysic Universal Time Stainless Steel (~$14000): similar price to associate watches, but the importance is elevated. The new geophysic movement add additional accuracy to the watch and having the global timezones helps coordinate with colleagues at the office or when abroad.

You can purchase this watch on the company website.



Piaget Altipiano White Gold (~$20000): the simple time-only version is by far the most elegant. Great piece.

You can buy the watch on the company website.

Director

You're almost at the top, you're regularly meeting clients and you have more people to shit on/look after. By this point a lot of colleagues you had a few years ago have go off to do other things but you are resilient. You know this is for you and you're so close to becoming a rain maker, you want to start feeling like one.

Top Recommendations:


Audemars Piguet Jules Audemars Extra Thin White Gold (~$31500): not the first model that comes to mind when you think AP, but it does have a certain class and elegance to it. Small, subtle yet imposing.

You can buy this watch on Tourneau.



Patek Philippe Calatrava 5119G (~$22500): your first Patek. This is a special moment; not everyone deserves a Patek. Start with something small as an introduction to the family.

You can buy the watch on the Lunns webiste.



A. Lange & Sohne Saxonia (~$21500): many may not know this brand but for those who do, this is it. Although this may not be the top model, you're on a steady path there.

You can learn more about this watch on the company website.

Managing Director

Yo've done it. You're at the top after years of hard work and dedication. You're officially a rainmaker, bringing in so much money that the bank has started working for you as a platform for you to conduct business. You're making so much money you've stopped giving a shit. So fuck it, go nuts.

Top Recommendations:


A. Lange & Sohne Langematik Perpetual (~$103500): a beast of of watch, yet classy. Top shelf by Lange.

You can buy this watch on Chrono24.



Patek Philippe Grand Complication 5159G (~$91000): one of the best pieces by Patek. Sure, you can also get a Nautilus but it has become a (relatively) common piece like the Daytona and Submariner. Go for something special.

You can purchase this watch on Chrono24.



Vacheron Constantin Metiers d'Art The Legend of the Chinese Zodiac (~$125000): the movement, the craftsmanship and the attention to detail make this an amazing piece. Good luck finding one, particularly with your birth year.

You can learn more about the watch on the company website.

Partner

By this point, you really don't care. Buy a watch or not. It won't make a difference; you're the boss.

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Comments (255)

May 29, 2018

Rollies only, plain janes or go home

    • 1
May 29, 2018

What does the GS Elevator guy do now?

    • 1
Funniest
May 30, 2018

Selling socks.

"The higher a monkey climbs, the more you see of its behind."

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Most Helpful
May 29, 2018

Interns should have $3000 watches and MDs should have $100,000 watches??? Everything should be shifted down once imo

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May 30, 2018

I knew this could come up hahaha I 100% agree there are incredible watches for under $1K for interns and that the average MD wouldn't drop $100K on watch. Here I'm exaggerating the watch selection for those that are watch enthusiasts.

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Jul 8, 2018

3000 does seem very severe considering that most interns are making about 16-17k a summer lol

Jul 8, 2018

$16-17 gross. Say $11 net and $6k after housing.

May 29, 2018

Aiming for Partner so I can sport a Dora the Explorer watch.

Kidding. I'll go with a hybrid smartwatch instead, prestige or not.

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May 30, 2018

Yes. The first thing I'm going to do when I make some money is buy a nice watch. I always wanted a man watch.

excel is my canvas, and data is my paint - new york - brunch conesseiour - atheist - centrist - ENFP - TCU alum

May 30, 2018

Jesus where are the $100-$200 intern watches?

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May 30, 2018

the apple store

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May 30, 2018

Seiko and Swatch stores

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Jun 1, 2018

swatch is trash cmon bro

just a monkey trying to find his way in the finance jungle

May 31, 2018

Check out Tissot - fairly simple good value and not your typical Fossil

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Jun 8, 2018

Fossil is good enough for me...

Feb 25, 2019

seiko seiko seiko.

May 30, 2018

Thanks for the Classima suggestion. Recently got one of the vintage 70s Oris Anti-Shock models; first mechanical wind-up watch I've owned. Should do well for the summer. Will look into the Classima for next purchase.

May 30, 2018

I have never really been much of a watch guy, but want to buy one for an upcoming internship. Since my budget is quite limited, I did some research and ended up liking the Seiko SKX007. Thinking about putting a nato strap on it to make it a bit more unique (the black/grey one seems nice).

Opinions?

"The higher a monkey climbs, the more you see of its behind."

May 30, 2018

Nice but IMO a bit bulky. A really great vintage Seiko which sells for ~$1500 2nd hand and looks great with a Nato strap is the Seiko Navigator GMT

https://www.google.co.uk/search?q=Seiko+Navigator&...

May 31, 2018

You're recommending a $1500 watch as an alternative to a $300 watch... for an intern?

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May 31, 2018

Orient is the best alternative to a $300 seiko.
The Orient Ray is the most similar to the SKX, but less bulky and with a better quality bracelet

May 30, 2018

SB!!

Four watches that I really like and would add to around analyst level watches are the following:

  • Omega Speadmaster (Moonwatch): simple, lean, beautiful, brilliant 'story' of the watch
  • JLC Reverso: again very simple, cool story (invented for polo players who used to break the glass of the watch while playing), very very classic watch (I know some people hate it - I love it)
  • Glashutte Senator Excellence: simple and elegant watch
  • IWC Portuguese Chronograph: again a nice elegant watch
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May 30, 2018

Great watches! I didn't include the reverso because square or rectangular watches are 1. very specific in terms of taste and 2. hard to pull off.

Jun 1, 2018

I have almost bought a Reverso a few times, but I just am not sure about the shape. I have owned a few JLC's and they are great.

Jun 1, 2018

Big fan of the speedmaster as well. Seamaster is also another great piece and a cost-effective alternative to the submariner.

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Jun 8, 2018

What's a Speadmaster?

...sorry, the inner associate in me came out.

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May 30, 2018

Get a Swatch and call it a day.

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May 30, 2018

I have an Apple watch. It helps me not miss phone calls.

Maybe one day I'll pick up an Omega or Rolex just for shits, but right now not missing phone calls is more functionality than any other watch can give me for a fraction of the price.

Interns buying $2000 watches is stupid as fuck.

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May 30, 2018

Consider a couple of things:

  1. A lot of the $2000 watches can be found 2nd hand for much less
  2. As a European, there is a tradition of buying your son/daughter a serious watch after high school/university. This tradition is much more active in Europe than in the US, hence why a lot of interns in Europe will own a watch of that value.
Jun 1, 2018

This is typically a tradition for middle class/wealthy Europeans, definitely not the norm

Jun 2, 2018

Upper-middle class offspring here. Never heard of this tradition (to be fair, I was raised in Scandinavian socialism and not English landed gentry). Fun post though.

Jun 5, 2018
CRE:

I have an Apple watch. It helps me not miss phone calls.

Maybe one day I'll pick up an Omega or Rolex just for shits, but right now not missing phone calls is more functionality than any other watch can give me for a fraction of the price.

Interns buying $2000 watches is stupid as fuck.

-Hurt

May 30, 2018

Loved following along with this post, made me laugh quite a bit. Huge fan of most of the watches you mentioned as well

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May 30, 2018

Submariner on nato band will work for analyst - partner, any setting.

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May 30, 2018

you shouldnt be spending more than 10% of your base (after taxes) on a watch imo.

What concert costs 45 cents? 50 Cent feat. Nickelback.

May 30, 2018

I have a submariner and I will wear it wherever the fuck I go. Shit I'll probably buried in it. Goes with Ferragamos and shelltop Adidas.

Once I break $10mm net worth I WILL buy a Rose gold President with the date and a leather band....

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May 30, 2018

I would almost question the judgment of someone at those levels who had paid that much for a watch although I understand passion is a thing.

No love for the Cartier tank? Not a watch nerd favorite but definitely has a certain connotation in Euro circles.

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Jun 3, 2018

I agree Cartier Tank is the way to go for anyone VP and above.

May 30, 2018

First off, love the approach to this guide. Though it's over the top in true WSO fashion, I think it's correct in that a man's watch should match his station. Nobody likes seeing an intern with a Rolex.

The first real watch I bought was an Edox Les Vauberts Day/Date Automatic.

https://www.ashford.com/us/watches/edox/83007-37R-...
Retails for 1.5k, but I got it for $300 by carefully monitoring fluctuations in price for about a year and snagging it when several sales were on at once. Fantastic purchase, gets lots of compliments and is a quality-crafted timepiece.

While it is not a brand that a watch connoisseur would immediately recognize, I think the brand's value will only increase in coming years. The company has actually been around since the 1800s, and was purchased/revived in the late 20th century.

May 30, 2018

An Audemars Piguet purist would never buy a Jules Audemars

May 30, 2018

He would with a suit. ROs are for weekends.

Jun 1, 2018
G-I the pharma guy:

He would with a suit. ROs are for weekends.

A 15202 extra thin RO goes with whatever you want. If you can get your hands on it...it's the "f you" power steel AP watch

May 31, 2018

Thoughts on the Junghans Max Bill?
Decent watch for an analyst?
Think an intern can get away with it?
Thanks.

May 30, 2018

Very nice. Similar look to Nomos.

May 31, 2018

for interns or analysts, i would recommend:

nomos tangente (about USD 2,330)
- very understated; in house movement, german made, clean minimalist design

https://nomos-glashuette.com/en/watches/families/t...

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May 31, 2018

Looks amazing!

May 30, 2018

Great brand Nomos. I love their Tangomat GMT

May 31, 2018

I can't tell if this is a joke post or not.

Jun 1, 2018

I love Tudor and how well the brand flies under the radar. The Oris 65 is the same size as a Submariner (both 40mm and ~13mm tall) and has a similar style, so I am not sure why you are opposed to the submariner?

May 30, 2018

Personally I feel that the submariner is recognised a lot more and the dial is packed for its size (hence why it looks bigger than the Oris's clearner dial).

May 31, 2018

What about a patek nautilus or Audemar Piguet Royal Oak?
Both seem like pretty good higher end options

You're not really a born and bred, traditional aristocrat if you work hard enough to get into Harvard.- Prospie

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May 30, 2018

Both incredible watches but I think both have been 1. overplayed (like the daytona) and 2. don't necessarily belong with a suit. Any serious collector willing to spend a lot of money on watches should have both in his/her collection, but perhaps for less formal occasions.

May 31, 2018

That's fair, they definitely are a bit common and overdone

You're not really a born and bred, traditional aristocrat if you work hard enough to get into Harvard.- Prospie

Jun 1, 2018
G-I the pharma guy:

Both incredible watches but I think both have been 1. overplayed (like the daytona) and 2. don't necessarily belong with a suit. Any serious collector willing to spend a lot of money on watches should have both in his/her collection, but perhaps for less formal occasions.

These are two of the most versatile watches in the market. If you can get your hands on them they go with whatever you want

Jun 1, 2018

Should an intern wear one of the Holy Trinity brands (Patek, Vacheron Constantin, AP) because he already owns (bought using earned money in college) or just goes with some plain stuff for safety? I'm always curious as to how associates and VP would see the intern

Cash and cash equivalents: $7,286
Financial instruments and other inventory positions owned: $313,129

May 30, 2018

I would go for something plain or at least a bit more discreet. Even those who don't care about watches know the brands and seeing them on an intern looks strange.

    • 1
Jun 1, 2018

Thank you so much! would never want to be 'that kid'

Cash and cash equivalents: $7,286
Financial instruments and other inventory positions owned: $313,129

Jun 6, 2018

Unfortunately for you, whether true or not, an intern that walks in with a Patek on his wrist, Ferragamo shoes, and a Tom Ford briefcase is going to get branded as a spoiled kid with rich parents who doesn't need the job and is more likely than not to be relatively lazy. You can do great work and overcome the stereotype, but you'll be starting behind your peers in terms of perception.

Bankers LOVE the middle class or poor Midwestern kid story because they think those kids will be resilient grinders and that their story will play well in front of clients. So even if you're self made, you should make sure to dress closer to what an analyst could normally afford than not.

    • 1
Jun 1, 2018

Good post to read through on a slow day. Watch lover myself.
Omega > Rollies, though - sorry to the Rolex fans ;)

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Jun 1, 2018

for interns:

been looking for a minimalist low-profile watch (white face, silver trimmings, brown leather band) in the 200-300 price range

settled on Daniel Wellington

just a monkey trying to find his way in the finance jungle

May 31, 2018

https://www.citywatches.ca/product/citizen-stillet...
https://www.amazon.com/Seiko-SNKA01K1-Automatic-Wh...SY300_QL70&dpSrc=srch
I would recommend one of these two watches, as I've heard less-than-positive things about those Kickstarter fashion micro-brands like Daniel Wellington, MVMT, Fifth, etc (The main gripe is that they're generally overpriced quartz watches made in China with quality equal-to or less-than Citizen and Seiko watches)

You can buy a brown leather strap for like $15-20 on Amazon too.

May 31, 2018

https://us.tissotshop.com/tissot-mens-tradition-qu...
I wore this a ton to work as an analyst, good value and a little more sophisticated than a Timex, Fossil, etc.

    • 1
Jun 1, 2018

IB Analyst here. Gonna buy a timex or gshock, because that bonus is going directly into my investment account.

While I'm at it, gonna stop by Chic-fil-a and order a pair of Florsheims on amazon. Truly celebrate.

    • 1
Jun 1, 2018

I honestly wear Invictas, and Bulovas until I hit a certain level in income/investments.

I contemplated HARD on buying a "plane jane" rolex with no date for $5500 at the Wynn...I just couldnt do it. Then at the other store they tried to sell me a Tudor for $2500 with diamonds, but i figured no one even knew what a Tudor was, so I left with all my money in my pocket.

I will stick with the $200-$1000 range for now.

Jun 1, 2018

ha i got a suunto spartan trainer.

love the post tho, and some great recommendations from everyone.

Jun 1, 2018

Why would you spend that much on a watch? The only thing it does is tell time. And in this case is just to show off your status.

I say buy an apple watch which as ten times the functionality of any of these for a fraction of the price.

    • 1
May 30, 2018

Same thing could be said about anything. Why fly business class instead of economy on planes? All they do is get you from A to B. And why spend $500 on a suit? All it does is cover you and does the same job as a $100 suit.

Watch enthusiasts don't look at watches as a tool to tell the time. That's perhaps 10% of what they seek. You look for brands with a history, the look, the quality, durability (most solid watches last 20-30 years if taken care of) and the handcrafted work. This last one doesn't apply to some of the mass market brands like rolex and omega but applies to others like A. Lange & Sohne, Patek Philippe and Vacheron Constantin. Plenty of other brands which sell lower price watches are also like this.

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Jun 1, 2018

.

Jun 1, 2018

I have an old school Khaki Navy automatic that a GF gave me about a 15 years ago. It still keeps great time and runs well(ETA 2824-2). I have also bought multiple people Hamilton watches as gifts. I think they are great watches at the price point.

Jun 1, 2018

I'd say that watch value should match income.

Less Than $150,000

Spend ~ $3000-$4000 or less on a watch. Stick to Tudor, Omega, Nomos, Seiko, maybe a Rolex. Some of the brands mentioned will have to be vintage or used, but still, if you're going to spend money, do so on legitimate companies and watches. Wearing any of those watches will respectfully say that you know what you're doing, but you're not over the top.

Less Than $70,000. At this point, I would keep it simple. Probably stick to cheaper watches like lower end Seikos (which are still amazing btw).

Lastly, don't spend money on a watch just because you can. Anybody who knows about watches that ends up talking to you about your wrist watch will tell right away if you're a noob who bought it for the sake of attention. Buy what you can actually talk about.

Jun 1, 2018

I feel like more and more people are moving towards a smartwatch.. So much cheaper and the fact you have access to your whole schedule is a huge plus.

Jun 1, 2018

The big fuck you bezel of the submariner is the perfect way to describe it

Dayman?

Jun 1, 2018

And where is the Rolex Daytona? Good post, but it would be great if you included the top Rolie

Jun 11, 2018

Where is the Rolex Daytona? It's sitting on the wrist of half the women in Miami. It's a played out, oversaturated model that has no practicality in the banking world unless you're timing interns getting coffee or how long it takes your MD to email back "thx".

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Jun 1, 2018

I wear a smartwatch with a rotation of faces that I designed and programmed myself. Then again, I'm just a BO monkey s it's not like anyone is judging my wristwear.

Also, OP, it's A. Lange & Sohne, mit umlaut; Mr. Lange had multiple sons. I may not be able to afford one of those, but I can pronounce it!

May 30, 2018

Yeah, for some reason the umlaut doesn't appear.

Jun 1, 2018

Oh, wow, WSO's coding is guilty! Verzeihung bitte, Affen! (Sorry, monkeys!)

Jun 1, 2018

For those on a budget, here are a few sub-$1k automatic watches that most business people would respect off the top of my head:

Tissot Visodate

Seiko Cocktail Time

Hamilton Jazzmaster

Glycine pops up a lot on Massdrop as well around the same price point.

I think these all run around $3-500. If you're really on a budget but want a decent automatic, go with seiko.

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Jun 1, 2018

And for CEO of Goldman

Go with the Timex Iron-man

dkfjdkfj
Doesn't matter where you get it

    • 2
Jun 2, 2018

Love this thread, but not realistic at all.

My unqualified, but more realistic advice is:

Intern: Casio, Hugo Boss, Tommy Hilfiger, Timex, (nothing really more than 300). You could also go for a clean smartwatch, just make sure it's not actually delivering any notifications because you almost certainly don't have any important notifications (meme tagging aside). Don't buy a fuckin Dan Wellington, every watch in this price range costs $2 to produce, don't buy the one that has the least brand value behind it.

Analyst: Tissot/Seiko/Perhaps move up to something with an ETA movement in it - but definitely not much point blowing more than like 1.5K

Late stage Analyst/Associate something like an entry level IWC/Rolex/Breitling/Nomos/Glasshutte. Would tend to still go for Pilot watches, metal wrist straps and Rollys attract a bit of attention and sometimes you can rub a simple minded client the wrong way if they think you're trying to flex on them.

Jun 2, 2018

Agreed with this post.

Wearing something beyond your means / before you've had a few bonuses and proven yourself just puts a target on your back for others to make assumptions about you, like "entitled rich kid" or "poser". Very little upside to wearing an expensive watch too early ("oh, nice watch") vs significant downside, particularly if you're still learning the ropes ("why the hell is this kid wearing a $5k watch when he's still fucking up on my pitches").

Interns/jr Analysts frankly shouldn't go past $1k. Frankly, they can probably look at $400-700 range. For those I would suggest Seiko (Japan-versions, not like Seiko 5's, but check out seiyajapan which has things like the skx007 (good entry level diver which is <$300), cocktail time, some of the SARB lines...), Citizen, Orient - see massdrop's website. Seiko is great as they are very reliable, make in-house movements, and recognized by watch lovers as a terrific quality, bang for buck brand at the lower end (they also make expensive watches too).

For the $1k, would also look at Stowa, or other German or European brands like Squale or Laco. Nomos is excellent if you get into $1.5-2.5k. This is 2nd year analyst level and up.

Then after that, 2nd yr Associate and up, buy your first "expensive" watch - IWC, Rolex, Glasshute Original as above mentioned. Entry level Panerai is also interesting. Maybe Zenith.

Frankly, I haven't seen my old MDs with anything past the $30-50k mark in terms of watches...

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Jun 3, 2018

Assuming you are a killer MD with an after tax bonus of around 300K, you are an idiot for buying once of those watches. To be frank, watches are pretty stupid in a practical sense, are not comfortable, and only matter when you are with prestige oriented annoying people who stare it for more than 30 seconds to figure out the brand because they can't tell the difference between a 3K and 15K watch. Buy a Nice Omega or Rollie and take the extra 95K to retire a year earlier where you can try and retain some of the years you lost sucking down cocktails with clients after consecutive nights of 3 hours of sleep with no exercise.

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Jun 3, 2018

As an intern there's little to no chance I'm shelling out over $1k on a watch (at least not until the end of the summer). I really do love watches but as a 21 y/o I think most of us are not quite "watch enthusiasts" yet (or have the financial means to be one).

A couple awesome intern level watches (I think sub-$1k):

  • Caravelle
  • Tissot (someone mentioned this, check Jomashop)
  • Citizen
  • Vincero
  • Shinola
  • Larsson & Jennings
  • Filippo Loretti
  • Godfrey (similar to DW)
  • Vodrich
  • Baogela
  • Corniche

Agree w/ the DW poster above, those watches are subpar for what you pay for (which is why I bought a Godfrey for less than $100 that looks the EXACT same).

Sorry for not listing all the links, I just didn't have any specific models in mind! You're bound to find a more inexpensive, classy looking watch from some of those brands above if you're not in the $1k+ price club as an intern!

    • 1
Jun 4, 2018

Good job on perpetuating the disturbing rhetoric that investment banking is still a man's world. It is frankly ridiculous that you would spend the time and effort to compile this list and not include at least one option per level for the opposite sex in the industry.

    • 5
Jun 2, 2018

I found the price ranges for each IB level ridiculous more than anything (everyone's buying range should be moved down 1-2 spaces, I have yet to see an MD walk around with a $100k watch).

But not having women options listed is not something I would find offensive (speaking as a woman). First off, watch selection for women is pretty dank vs. what's available for men. It's a lot of adding jewels to the bezel and/or dial, which I personally find a bit tacky. Interestingly, a lot of women that like watches (and know watches) actually go for men's models like Rolex subs. Or take fairly masculine looking watches - like Panerai's - and switch out the band for something more colorful (I've seen it with say red leather bands and it looks quite nice). Otherwise, if we're talking more elegant options, it's just usually the smaller version of classics (like smaller sized JLC Reverso's or smaller Cartier Tank's). But buying a women's watch outside of those classics kinda sucks cause the grey market isn't nearly as liquid as the men's market, and the designs, as I mentioned, are a bit tacky / less clean vs the men's models. Or the watch industry assumes women prefer quartz (for convenience/ not needing to reset the watch), which is not necessarily untrue (I'm sure a lot of women don't care about movement and prefer not having to reset the time or whatever), but it's a huge generalization. And I certainly wouldn't pay good money for a quartz model.

In short, it's difficult to suggest women's watches - unless you know the audience (not care about movement? Like flashy bling? Prefer elegance? Prefer good movements and maintain value? Etc)

    • 5
Feb 14, 2019

Dude if a woman wears a Panerai, the panerai wears the woman.

Jun 4, 2018

Never seems to get much love in these discussions, but I've rolled with a Frederique Constant on a steel band the past 3 years (wedding present from the wife) and have had two C-level execs at (different) multi-billlion co's stop a meeting to comment.

FC Slimline Moonphase

https://www.hodinkee.com/articles/introducing-the-...

    • 2
Jun 1, 2018

I really like the FC Moonphase! How do you feel about the size? I have considered picking one up on leather for a formal watch.

Jun 4, 2018

Size is perfect for me.

Jun 4, 2018

Your list doesn't have Glasshute Original for MDs. Fail!

Jun 4, 2018

Well...

Jun 4, 2018

Jun 6, 2018

I wear a Tudor Black Bay (black bezel) most days. Fantastic quality automatic watch that certainly flies under the radar. It pairs just as perfectly with a suit as it does casual attire, and doesn't break the bank either.

Jun 8, 2018

same. huge fan. people mistake it for a sub all the time actually though

Jun 6, 2018

how about the good ole Fossil watches?! Lol

Jun 7, 2018

Any thoughts on Shinola watches?

May 30, 2018

IMO too bulky looking

Jul 8, 2018

Like them a lot. I have one. Looks clean. If you are worried about too bulky, then get a 41 mm.

May 29, 2018
LeChiffre:

Any thoughts on Shinola watches?

They are nice watches. A little pricey though for a quartz

Jun 8, 2018

Analysts should also look into the Longines Record or Presence collection - very elegant

Jun 9, 2018

Step 1. Don't be a tool.
Step 2. Get whatever the fuck you want.

Also, buy used on watchuseek and then dump the watch when you want something new and you'll never really lose money on a watch. :)

Jul 12, 2018

Saw the Rolex Daytona White Gold with the black dial (33K) today... unreal

Don't break yourself on the way to making yourself

Jul 13, 2018

How bad would it be to be wearing the DW dapper as an associate LOL

Sep 21, 2018

IMO some great watches I recommend for intern/frugal analyst level would be:
-Orient bambino, really well made nice looking watch for 300 bucks
-Tudor black bay 41, understated watch with great build quality. Uses an ETA movement so servicing will be cheaper.

May 30, 2018

For Tudor it's not ETA anymore, they moved to in-house movements for the BB line even older models.

Sep 24, 2018

You should get the ETA versions though - lower cost to service and more importantly, slightly thinner than the inhouse case. For such a thick watch, with those slab sides, it makes a difference.

    • 1
Sep 24, 2018

The prices should probably be shifted down here for each category. Regardless, good on you, you picked some great and unique watches for this post.

Nov 30, 2018

Nice! I would also include a vintage Heuer Carrera for motorsport enthusiast Associate maybe?

Carl Van Loon
Van Loon & Associates

Dec 7, 2018

I think you'd be surprised by how many people opt for sportier watches, the OP is overwhelming dress watch oriented. A lot of rolex wearing people in finance will wear subs, gmts, daytonas. The patek wearing people will rock a nautilus or aquanaut (amazing), and the AP fans will def choose royal oaks over the jules dress watch you've shown. And yea MDs or senior people spending that much on ONE watch is not the norm at all. They will more likely have a collection of several 20-30k range watches that they have bought over the years rather than one 100k + watch

Dec 10, 2018

No Richard Mille? I'm out

thots and prayers

May 30, 2018

Interns should only be wearing:

  • SEIKO SKX 007

or

  • Orient Bambino

What concert costs 45 cents? 50 Cent feat. Nickelback.

Dec 16, 2018

yay. simple and neat case, face, hands, and lettering with a nice leather strap. definitely Yay.

Did you fly over my helmet?

Dec 16, 2018

go big, or go home

Dec 16, 2018
febreeze:

go big, or go home

Honestly I would love to own a modern version of such a model. So nerdy that it would be awesome.

Databanks all the way.

Dec 16, 2018
febreeze:

go big, or go home

Nice watch , looks like James Bond's new watch

The Four E's of investment
"The greatest Enemies of the Equity investor are Expenses and Emotions."- Warren Buffet

Dec 16, 2018

Looks good bro. Buy it.

Dec 16, 2018

Stowa's movement has been criticized at that price point and it takes months to actually receive the watch. QC has gone way down due to issues trying to scale their business.

Dec 16, 2018
Clever Name:

Stowa's movement has been criticized at that price point and it takes months to actually receive the watch. QC has gone way down due to issues trying to scale their business.

Ah thats unfortunate. I purchased it second hand for $465, hope its okay for the next few years. Good to know though clever. Thanks

Dec 16, 2018
Dec 16, 2018

Looks good, but i think a black background looks better

Do what you want not what you can!

Dec 16, 2018

Boring. Try the Nixon 51 30 gold watch for about 450 bucks. Nice look. Dual use (work/play)

Dec 16, 2018
Dec 16, 2018

Yay. It isn't over the top and looks classy.

The Four E's of investment
"The greatest Enemies of the Equity investor are Expenses and Emotions."- Warren Buffet

Dec 16, 2018

I like it, pretty simple and classy.

May 30, 2018

You'll have better luck selling it on Chrono24 or WatchR

    • 1
Dec 16, 2018

I like it. black on black on black always looks cool.

I would like it more if it had a chronograph, but it looks really nice. 10+ positive reviews is always a good thing when you can't see it in person.

Dec 16, 2018

it's a nice watch but it looks a bit too intense to be worn with work clothes. gunmental color scheme... green phosphorescence...

Dec 16, 2018

Not a fan of black steel. If you like that scheme, I'd go with black dial and black leather band.

Dec 16, 2018

Personally, I would never buy a watch in the $750 - $2,500 price range. Why? The quality in this range is okay for the amount of money you will spend. I'd personally rather have two $400 - $500 than one $1,000 watch because the difference in quality between the two is marginal.

I see the watch you picked out is automatic. Are you looking for automatic or quartz? Let me know and I'll send you a PM with a few watches I think you'd certainly enjoy aesthetically and financially.

Robert Clayton Dean: What is happening?
Brill: I blew up the building.
Robert Clayton Dean: Why?
Brill: Because you made a phone call.

Dec 16, 2018

Thanks for the opinions guys. Much appreciated. GoodL1fe, I'll shoot you a pm.

Dec 16, 2018

.

Dec 16, 2018

Victorinox watches dont do it for me... though i love their knives!

There are cooler brands out there for that price...
Edox, used ebel, elini, oris, zenith, hamilton, tissot, seiko, bulova accutron, just to name a few...
even Invicta you can easily get a swiss made valjoux 7750 automatic chronograph for under $1000.

Dec 16, 2018

I like it- the black on black's very sleek. Although I wish the face were sleeker as well (ie thinner hands and maybe not the dots ..)

Dec 16, 2018

Its not really dressy enough man. Same in silver you could get away with but I think that's too sporty for me.

Dec 16, 2018

I think these are good quality watches, but are priced at the upper range of what I think they are worth. I'm not a watch guru, but as someone pointed out, the quality of a $1,000 watch probably isn't going to be any better than that of a well selected $500 watch...because you are getting very similar movements in some cases.

With that said, it is a bit more sporty than most of the folks are going to like here. I actually have a Victorinox and I like it a lot. I wear it everyday and it has held up very well. I get compliments on it fairly often. It was originally priced around $1,000 but I picked it up for about $350. I don't think it's necessarily worth $1,000 so I would have never paid that much but I do think I got a great bargain at $350.

Regards

Dec 16, 2018

It looks fine. I am not a huge fan of Tag's, but that looks rather sporty.

Dec 16, 2018

I don't understand this idea that you can't wear a nice watch as a junior banker which gets parroted on WSO all the time. Get whatever watch you like because no one else is going to care. In the off chance someone does take notice of your "flashy" watch it's most likely because that person is into watches.

    • 1
Dec 16, 2018

This is very similar to my Tag that I usually wear into work. I think it looks good, and isn't too flashy.

Dec 16, 2018

Nobody will ever care (as long as you don't have a diamond-studded gold watch). I was wearing an Omega Speedmaster everyday during my internship and I don't think than anyone even noticed it.

    • 1
Dec 16, 2018

Zenith El Primero, black face... REtails at like 6K. (Let me know the wholesale)

Because it's not 'known' like ROlex, it'll definately be acceptable. Maybe Patek wouldn't?

Dec 16, 2018

Certainly acceptable in the workplace but you should have tailored shirts as they are quite chunky.

You should probably spend your money on something that you are passionate about though.

Dec 16, 2018

The El Primero was at one time the most respected chronograph movement available.

Zenith's a great watch. It's a lot like a Lange. Almost nobody will recognize it, but the people who do will know it's a fantastic piece of craftmanship.

Dec 16, 2018

.

Dec 16, 2018

I would not wear that.

Dec 16, 2018

i really dont think its a big deal. its not like ur rolling into work with a patek philippe

Dec 16, 2018

Personally I think the watch looks very tacky. If you were buying it just for the material, I wouldn't.

Movado is for 70 year old Italians. No offense if there are any 70 year old Italians on the board.

Either you sling crack rock or you got a wicked jump shot

Dec 16, 2018

2

Dec 16, 2018

A watch that will hold it's value! I'll take three and throw in a side order of delusion as well.

Dec 16, 2018

1

Dec 16, 2018

you've totally pwned me with your arguments - the final nail in my coffin was when you told me to STFU.

Who said anything about the Hublot Big Bang (or any watch for that matter) being overpriced? Oh yes, it was you - maybe someone needs a little self-justification? I don't give two $hits whether you worry about the relative value of the stuff you buy. If you can afford it and it floats your boat then knock yourself out.

What I have an issue with is the portrayal of a watch as a solid investment - they aren't. End of. It would have to be a pretty friggin rare watch, and you'd have to hold onto it for a long time for any significant appreciation. In the meantime, you have the time value of money working against you (sorry), the cost of maintenance, and a cotton wool encased sleeve to make sure it doesn't hit anything.

Yes, there are some very special watches in the world which could be considered "art" but a mass-produced Hublot will not even come close.

The only watch that has consistently had a resale value above retail is the stainless Daytona and that's more to do with a deliberate restriction of supply.

And one final thing, I'm guessing Antiquorum is the same place that was recently busted for colluding with the manufacturers to inflate the perceived second-hand values of their watches?

So, in summary, I'll take the hard way please.

Dec 16, 2018

0

Dec 16, 2018

John Mack

Your point about the poor investments of watches is mostly true.

My point was to say that if he wants a Tungsten watch, Hublot Big Bang 'Ice' Bang is a good watch if he's got $13,000. Price is very relative, I agree.

I apologize for saying STFU...

Best of luck,
Net Worth or Nothing

Dec 16, 2018

What happened there? Did I interview you yesterday? ;-)

Dec 16, 2018

No, I just realized it was pointless, so I deleted my posts.

It's one of those situations where I could have argued for the sake of arguing, but really I could care less about Tungsten watches, Hublot Big Bang watches (overpriced, flashy, too sporty for work), watch appreciation, watch cost/value/price (that could be a great conversation though), arguing for the sake of arguing, et cetera. I just happen to have some knowledge about timepieces.

I recommend www.timezone.com if you have an interest in watches though and especially to the guy who posted.

Dec 16, 2018

as an associate, you should be able to get a good watch.

Dec 16, 2018

man you are all so obnoxious and superficial. Movado is a nice watch, they run upwards of 1500. Not everyone wants to drop 5000k on a watch.

Dec 16, 2018
pureinst79:

man you are all so obnoxious and superficial. Movado is a nice watch, they run upwards of 1500. Not everyone wants to drop 5000k on a watch.

Agreed, this is one of the most ridiculous threads I've ever seen. If you're a half-way decent banker you could wear a timex and be successful.

Dec 16, 2018

movado watches are really nice for girls, but i wouldn't wear it if i were a guy. Just my own, personal taste though.

Dec 16, 2018
HerSerendipity:

movado watches are really nice for girls, but i wouldn't wear it if i were a guy. Just my own, personal taste though.

That was strange, I read your comment just as I was about to mention having given my girlfriend a Movado last Christmas.

I'm not a huge watch guy, but I do like the TAG that I received as a gift last year.

Dec 16, 2018

Agree with HerSerendipity. Check out Raymond Weil watches - these are great first watches and to me look like a classic banker's watch with a little more style to them.

http://www.raymondweil.com/Modules/SRW/WATCH/defau...

Dec 16, 2018

how about the Tag Heuer Aquaracer Quartz Chronograph,