Honest question, why do you spend thousands of dollars on luxury watches?

Mad respect to the watch community for not just posting troll responses and actually giving meaningful answers.

After reading all the responses here are the most common answers in no particular order:

You worked hard and want to reward yourself.

You appreciate the mechanics of the watch.

Its a status symbol.

Its an investment.

Helps you fit into certain circles.

Watches are one of the only pieces of men's jewelry.

They look nice.

Because your monthly income outweighs your monthly expenses.

Its a hobby.

Thanks for the perspective!