The market is supposed to be nervous. Someone forgot to tell the bidders. Christie's just cleared $1.346 billion in a single art week, Phillips is posting record watch auction totals, and Joseph Lau is uncorking the last of a cellar most collectors would trade a kidney for. Elsewhere, a $400 pocket watch is reselling at $6,000, BMW is retiring its last proper roadster, and a private island in the Maldives has finally found a hotel worthy of the address. Another week, another reminder that luxury does not really do restraint. Here is what moved. A Private Island Finally Gets the Hotel It Deserves MGallery Collection has arrived in the Maldives, and it has chosen well. V Villas Maldives at Mirihi sits on its own island in South Ari Atoll, a 30-minute seaplane ride from Malé. Forty-two villas fan out across the beach and lagoon, with new overwater options offering private..