I've collected watches since I was a teenager. but when I initially found the forums I went crazy. First on PMWF with cheap gens, then on the rep forums. I'd buy just about anything, I bet I bought 30 - 40 watches my first year on the rep forums.
I tried to like PAMs, I bought tons of them, they never really worked for me. I even bought 3 different 048s and a really rare 42mm 158 Radiomir thinking that I'd like the smaller size, but to no avail. I do still have 2 PAMs, a 112 and a 287, mainly because they're not worth much and I'd rather keep them than sell them for nothing.
Eventually 2 things happened: 1) I figured out what I liked and stopped buying stuff that other people liked, and 2) Became willing to spend the money to get top quality pieces.
I still haven't found the perfect daily beater though...