I’m the first to admit that I’m not the world’s most astute businessman. As a self-employed freelancer, I am responsible for all my own income and expenses, and maintaining the balance between the two requires a measure of discipline and vigilance, as well as a perpetual quest for new opportunities, aka “gigs.” It’s like a shark, constantly swimming in search of the next meal. For the most part, I do OK. But sometimes, usually when a watch is involved, I slip up. Acquiring a luxury timepiece is usually considered a poor business decision, and decidedly on the wrong side of the balance sheet. It is also, as I’ve learned from experience, not considered a “business write-off,” even for someone who makes a living on the periphery of the watch industry.
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