Thursday 1 July 2010

A Tribute to Nick Hayek

Following on from the previous post yesterday - tributes are flooding in for Nick Hayek.

The Daily Telegraph applauded Mr. Hayek as a man who made billions when starting out with nothing and continued to appraise him with words like "an inate genius", "a master of marketing" a showman and an entrepreneur.

Who knows what the watch industry would be like in the present day without the investment, genius and entreprenerial spirit of Mr. Hayek. No doubt he had a huge influence in making Switzerland into the reknowned watch manufacturers that they are today making Swiss watches the choice of consumers for mechanical watches the world over.

His brainchild Swatch watches and the fact that he could foresee people owning more than one model of Swatch hailed a new era of modern watches and watch collectors. With more than 300 models of Swatch introduced each year many models have since become collectors items, and some of the rarer models of Swatch can attract premium prices amongst collectors in todays market, meaning a growing band of collectors some of whom see certain models as investment opportunities.

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