Not really as I appreciate and indulge in the luxiouries you mentioned as they all have other uses apart from willy waving. Just that the old wrist flicker is a bit too much of a distraction for an ugly face or small penis...
LOOK AT MY ROLEX!!!! I AM RICH AND IT SERVES NO OTHER PURPOSE THAN DISPLAYING MY WEALTH!!!! LOOK AT IT!!!!
A £10,000 Kia does the same job as a £100,000 Ferrari, so what's the point of the Ferrari right?
HEY LOOK AT ME I HAVE A CHIP ON MY SHOULDER ABOUT PEOPLE WITH WEALTH. Not that you have to be particularly wealthy to own a Rolex.