Will wearing the watch of a billionaire help you understand what makes him tick? Warren Buffett has long favoured a gold Rolex Day-Date (the so-called President watch), while Baby Buffett, Bill Ackman, prefers a Patek Philippe Ref. 5216P to count the hours. These timepieces are classic enough to go from blue jeans to black tie—and unlike many of today’s watches, they’re low on complications. (Though knowing the date is still pretty useful.) Why does having the right watch matter so much? As the Oracle of Omaha once divined: “The rich invest in time; the poor invest in money.”
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(This story appears in the 15 April, 2016 issue of Forbes India. To visit our Archives, click here.)