: Would you consider these to be a subset of #1 (dealers)? I guess to
: be an investor you have to be willing to sell as well as buy.

: If investor is its own category I would make it #4 with the subsets
: you mentioned.

: Thanks for your thoughts.

: JC

A dealer wants to buy and sell as many watches quickly, an investor keeps the watchs usually a long time, just like a collector, many collectors would also like to sell later at a profit, an investor is thus a profit-oriented collector