David Rosenthal: uncertainty

Transcript context

…So Hermes' belts, I believe they're Apple watches, and there are other things, are machine zone? This to me is like, wow. Would I have spent $2000 on a handmade Apple Watch Hermes band? Maybe, maybe not. I don't know. Whether I would have is irrelevant. Hermes should be selling $2000 handmade Apple Watch bands. Even if people aren't buying them, that's the question. I agree with you, because what I think this does is it defies how I think of Hermes, which is whatever they're going to do, they're going to do it at the logical extreme. They're not going to compromise. They're not going to figure out how to address a lower market. They're going to sell the same expensive scarf that they sold their grandma to you, but they're going to have a different way to advertise it. This is weird.…

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