Kevin O'Leary & Teddy Baldassarre Visit F.P. Journe

[Music] hey kevin o'leary aka mr wonderful where am i in los angeles why we're shooting shark tank in the middle of it we have a dark day we have a day off where do i want to be when i'm in los angeles on a dark day inside of the fp journey boutique why because i love this brand i love this watch and i happen to be with teddy because we're doing a bunch of social media and watches and teddy's never really seen a broad collection of fp jordans like he's going to see today so i'm his host along with a legend here too the brother of fb joining himself and he's looking very la today which is fantastic what i'd like to do is tell you a little story about this brand now watch collecting is about the love of art it's also about the love of investing because you want to find pieces of art you want to find watches that are unique and different and i'm all about the dial and there's no dial on earth like one made by fp jordan that's why this brand has rocketed in the last 17 years to practice the top of the echelon of i call it micro brands but really something else now because collectors all around the world really really try and find these pieces for themselves in the secondary market but also directly from jordan himself they only make about 900 pieces a year that's it and that's why it's very hard to get one of these however when you talk about investing my goodness the appreciation is insane let me ask you lauren why it's been the last five years this brand has gone crazy why why i guess people start getting tired of massive production they want exclusivity rarity yeah well you get that for sure but also these pieces are all different they all have their own personalities the the movements the calibers are unique they're kind of pieces of art that's the way i look at it that's what they are yeah because nobody needs a watch today yeah no one needs a watch you have two three cell phones maybe yeah why do you want to buy a watch i have way more than that and watches but because i know i'm talking about the cell phones oh i see yeah yeah but you know fp journey i like to call it a disease because when you buy one you get infected and it's very bad economically for you that i don't know for you yeah but uh yeah unfortunately there's no vaccine it's very it's very unusual that our collectors only buy one fp they want them all now at the moment it's virtually impossible we try to please as many people as we can but we disappoint a lot we have to ask them to be patient yeah i i've been through that journey myself i have to be patient but i have to ask a question i mean i have the opportunity to speak to somebody so connected to friends friends about paul i mean talk about getting into his head and what he creates in these watches and because i think that's part of the entry he talked about art these are all i think parts of his own creation what he's going after could you talk about just his general philosophy when he makes a piece do you know him so personally well he he wants to create he wants to be honest with his characters always um it's difficult to talk about francois ball on a personal level he's he's he's always thinking about something if you ask him that's the perfect example that will probably answer your question if you ask him what is your favorite watch fp juan watch and he will he will tell you the next one so that's something that i can resume like this i think he will tell you the next one that's something he always think about innovation so for him uh doing 10 times the same thing is too boring the reason i got into jordan was the people that were the collectors that is the craziest group of people i've ever met from every walk of life every discipline you name it with one consistent element to it their love of joy and they're passionate about their pieces and we love to talk about it together now i have that disease too and you're right there's no vaccine so i'm constantly looking for my next short you know i'm waiting patiently i'm always bugging everybody but it's it's a fantastic journey because let me be pragmatic about the perspective yes they're expensive but they're great value as an investment but if you consider what is in any of the species that we are here yes value for money i would agree with you i would agree with you these are extraordinary pieces and you know the one that i wanted the most when i first met fp in new york and the people at the new york boutique was this piece santigraft tokyo yeah beautiful it's it's um one of the ten that were made for the new york boutique correct um i always said i would like to buy it they laughed at me they laughed at me because there was a thousand people trying to buy this piece and it would only go to a collector who had at least three journals well obviously we want to please our oldest collector but we need new blood as well in the in the company let me tell you what i did to get this watch well i i i basically you know in talking with pierre he said look kevin you don't even own a journey why don't you start small buy one and i'll get you we always ask for this and i said but how can i get this piece he said you don't even have one you need three at least i said i'll buy four which i've never done before ever with any brand what i did that day i actually sat down with him and i built a collection over a 24-hour period and i bought them all that's the most i've ever spent at once in any brand and i'm so glad i did because every one of these watches has been an incredible investment and now when i walk around with this piece everybody goes nuts that knows jordan absolutely nuts so teddy hold that for a second one of ten extremely coveted within the gerund society but you know i was on a flight to geneva from new york to visit my father with this piece on and the woman beside me in the line getting on the plane said how the hell can you even tell the time on that thing i said i don't i've heard that story before yeah because it's art she said that's crazy who made that watch that tells you it's a great watch it starts a conversation that's what makes it so magic and of course it has elements of red which for me are very important all my watches have red bands let's talk a little bit on about some of these pieces you've been kind enough to show us some of yours what about this tell us tell us the history of this chronometer optimum that's the watch that francois paul initially wanted to create i mean for those who may not know the first watch wristwatch that once what paul made was the torbjorn then he wanted to make the most accurate mechanical wristwatch possible after the tourbillon because the tourbillon doesn't mean that it's an accurate watch right what's going to make the accuracy of the watch will be the constant force or motor the tourbillon is a parasite for the watch it's heavy to carry it's nice to look at but other than that is useless so i wanted to make this and this watch came only in 2012 because he couldn't make it he couldn't put all the elements together so to reach this accuracy the optimum is made with four exceptional elements the first one are the two barrels mounted in parallel not to increase the power reserve remember we are looking for accuracy so because the dual barrel mounted in parallel will deliver a more stable energy to the escapement before the escapement we got a constant force from antoine which is going to deliver the energy to the escapement the energy from the barrels to the escapement at the moment where the second passes it generates like in the tourbillon a natural deadbeat circle that is shown at the back of the watch if you want to there's the deadbeat yes and francois paul wanted to show it because it's generated by the constant force or montoya but by putting it on the on the dial then the diol would have been unbalanced and this is the last thing he wants this is gold is it not yes this one is good yeah so he's maximizing the torque of that mainstream um with that remnant the the constant force for montoya is a complicated chain of wheel [Music] that talks to the escapement so the just to finish with the elements the third element is the high performance by actual escapement what is the enemy of accuracy in a mechanical wristwatch friction so to limit the friction what do you need every weekend yeah but with the time lubricant becomes a problem gets dry gets within 10 years right it depends now the oil are synthetic they are good qualities but if you can avoid lubricant it's like in your car you don't need to change the oil yeah this watch not talking about the whole watch but the escapement of this watch works with no oil at all so no no swiss leverage no no no no lubricant at the escapement there is all in other parts but which is the the escapement is the biggest consumer of oil into into the system the reason is it's a bi-actual so it's simple to understand like this if you press hard with your hand on the surface well if you want to move you need oil if you divide the friction by two no more needle oil so two escapement wheels on this one no way and the last element is the philips curve termination on the balance wheel for a better equilibrium and that makes all that together a masterpiece is this the most accurate of the journey watches they are all accurate but this one is extreme yeah fantastic i'm very proud to own this with a black dial on it which is amazing beautiful watch yesterday yes thank you let's talk about this story um last night i we had a guest uh come to the set of shark tank his name is peter jones and he's a legend in england where he's been on the dragonstone show which is the equivalent in england for 18 years one of the longest running shows on the planet and we were having dinner to get to know each other and i noticed on his wrist at derby on an fp journey tourbillon he said you know what you have there he said yeah i do my wife bought it for me in harrods it's a very famous department store 17 years ago and i told him i was coming to meet you here today that we would come to the jordan boutique we're going to do this with you teddy talking about fp journey and he said take it with you i would love to have them see it because it hasn't been an adjourned boutique for 17 years it's going home and you confirmed this it's been made in 2004 what's this watch worth today it was a gift from his wife who bought it because she loved the dial she probably didn't know a lot about jordan at the time bought it for him he loved it when he got it this is made of platinum waste of time correct it's got to be platinum so heavy yeah it's a lot of platinum there yeah well it started it started with the subscription the tourbillon that was the first one because once what paul didn't have money enough to produce the watches so the people who are paying in advance and one watch when it was sold to the to the owner one watch was financing the other one i guess in the early so this is one of the early days no this one is not a subscription this one is a so this one is a is a tn that came after the t the reason why i mean the difference between the t the main one because i don't want to get into too much details is that the t didn't have the dead second ah so it was just this is the dead circle like this yes it was just showing the constant force not the second yeah and francois paul was looking at the wall she said well the constant force hormone as i mentioned earlier generates a natural natural deadbeat circuit it's stupid not to show it so that's when he came with the tn because the generation after the tea with the deadbeat second and now if you want to buy a platinum tn it's in well you can buy it secondhand yeah we don't know what do you think it would trade for it depends on the condition conditions the speeches yeah absolutely it's it's in great conditions i would say 300k minimum 300 thousand dollars what a great investment that wife made and absolutely and this combination is pretty rare with the uh gold dial yeah normally they come in a great idea how about that i'm gonna tell so actually it could be a little bit more really more than 300 yeah he's good now that before that was produced yes you know what i love about him and i only met him yesterday he wears his watches well that's the whole idea yeah he wears his watches he's wearing this piece and when it comes to the shark tank set i mean it gives it a soul it makes it real even though this thing is so rare and it's you know a beautiful investment and they are not fragile yeah it's a beautiful piece you know i loved it you know i looked at it and said oh my goodness that's that's it's a piece of legend now let's see some behind your back yeah i've got something rare here i heard rumor of this piece okay uh this is it was an idea fp had to create 18 complications in a watch which is impossible for the first place and then have them all adjustable from one crown which is not only impossible it's insane it could never be done but here it is it was done tell us about this watch this is the rarest of the rare uh built for individuals correct astronomique 18 complications all controlled truly how is that even possible you know francois i mean how long did it take to even think this six years eight years yep incredible and the design of the dial came from a drawing that charles son one of his son made years ago and francois paul inspires himself from this drawing to make that not for the movement obviously so this is uh the crown jewel of fp for now yes it is yeah for now so that was the next one remember yeah but if a collector wants to buy this watch how much is it i mean to order one the collector has to be approved by francois paul so he needs first of all to fill up an application yeah from the moment the application is approved the gentleman will have to pay 50 of the price of the watch which is which is in swiss franc 885 000 swiss franc close to a million dollars u.s close to a million dollars u.s 960 last time i checked yeah so you put down 500 000 usd kind of and then how long does it take to make the watch well it depends uh to make the watch it's three and a half to four months but we got lots of requests already on this as well and then there is a waiting list for this as well as crazy as you can see how many per year are going to be made three three right yeah drink retreat so this is truly a collector's piece there's no question because you know but it's a beautiful watch it has the classic elements and probably you have to sit down for a couple of hours to figure out how to set it it's going to take a while to learn it's not that complicated really no the the user user manual is one one piece of paper that's it but you know i notice also the watch is also on the back it's not just seeing the movement of time there's information on the background there are a lot of information at the back a question of time you can see the tourbillon you can see the annual calendar with the zodiac or zodiac sign what else do you see there so on the face you got so you have the power reserve okay two time zones here local time zone on the gold hand and second time zone there sunrise sunset here are the seconds that are jumping seconds due to the constant force for montour again several time and minutes so that's it for it i love the sunrise sunset indicator that is beautiful and the window gets narrower such a cool execution of that in the back and then the back you have here the equation of time you can see the tourbillon here and as i said the annual calendar and if you activate this this is the sharing of the cake minute repeater stainless steel yes yeah for the sound we got an option in gold now oh yeah really rose gold yeah must be beautiful it's gorgeous yeah different sound i assume no not not really and the other complication that doesn't show on the watch itself as indication so we got the tourbillon constant force from antoine and durbar all mounted in parallel as well fantastic it's truly a piece of art yes it is i mean so we've had a very special day today here you know bjorn because it's so rare to get all these watches including one that's 17 years old all in the same place at the same time and noth nothing better than to have fp's brother here laurent explaining this to us for collectors now probably one of the most sought after brands in the world it's it's going through a transition you have to remember one thing about this brand fp jordan's still alive he's still alive he is the picasso of watchmakers and he still walks the earth so that in itself is remarkable a lot of the designers of some of the most famous pieces are no longer with us he's still here still designing new ones i've had a fantastic journey teddy thank you very much laurent spectacular kevin thank you everybody so much thank you pleasure hit that like button and listen subscribe because we're going to have a lot of fun we're going to do this again somewhere and i can't wait for my turbo i've been waiting i'm on the waiting list i'm waiting fp please listen to me get me that watch i'm dying for it thanks everybody take care

Channel: Kevin O'Leary

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Keywords: Kevin O'Leary, entrepreneurship, entrepreneur advice, success tips, success habits, millionaire habits, millionaire tips, how to make money, how to invest, shark tank Kevin O'Leary, ask Mr. Wonderful, watch collection men, watch collection, watch collection reaction, f.p journe, f.p journe watch, success tips in life, luxury watch collection

Id: 081WsPhcTGU

Length: 21min 0sec (1260 seconds)

Published: Tue Nov 16 2021