In this episode, Ed sits down with Danny Arik owner of @happyjewelers They dive in and enlighten listeners about the world of high-end watches and jewelry. With a profound background in the industry, Danny offered a glimpse into his journey and recommendations for collecting, focusing on the uniqueness and craftsmanship of his favored brands. He explains the intricacies of creating luxury pieces and the criteria for high-quality gemstones and watches. He also provides insights into choosing diamonds effectively and how a beginner can start a timepiece collection on a budget.
0:00 - Who is Danny Amik?
1:11 - The evolution of Happy Jewelers
4:57 - The elaborate process of buying a high-end watch
8:38 - Going into the Business of Happy Jewelers
19:29 - What are best watches to invest in? (Rolex and ____)
25:19 - How do people make money off of high-end watches?
29:46 - Spending $1,000,000 for one watch!
32:55 - What determines the price of high-end watches?
41:14 - Danny shows off some of his watches to Ed
45:27 - What's next for Happy Jewelers?
