Tru Balla Spending = HF Manager
 

'While researching for his forthcoming book, Fortune’s Fortress: A Primer on Wealth Preservation for Hedge Fund Professionals, Russ Alan Prince polled a group of hedge funders about their spending habits, ...'

2005 personal average spending:
Fine art: $3.99 million
Yacht charters: $429,700
Jewelry: $376,400
Hotels & resorts: $304,900
Watches: $271,300
Fashion and accessories: $204,200
Traditional spa services: $124,000
Electronics: $99,300
Entertaining friends: $76,700
Wine & spirits for the home: $48,900

Re: Tru Balla Spending = HF Manager
 

Standard

Re: Tru Balla Spending = HF Manager
 

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Traditional spa services: $124,000

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Does this include happy endings or not?

Re: Tru Balla Spending = HF Manager
 

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Traditional spa services: $124,000

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Does this include happy endings or not?

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Nah, could be in the 'hotels and resorts' category?

Re: Tru Balla Spending = HF Manager
 

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'While researching for his forthcoming book, Fortune’s Fortress: A Primer on Wealth Preservation for Hedge Fund Professionals, Russ Alan Prince polled a group of hedge funders about their spending habits, ...'

2005 personal average spending:
Fine art: $3.99 million
Yacht charters: $429,700
Jewelry: $376,400
Hotels & resorts: $304,900
Watches: $271,300
Fashion and accessories: $204,200
Traditional spa services: $124,000
Electronics: $99,300
Entertaining friends: $76,700
Wine & spirits for the home: $48,900

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wtf. the spending on wine spirits and friend entertainment is dizzyingly low compared to say jewelry. Also, how do 204k on "accessories??" Gay balla maybe.

-JP
(wants to be a hedge fund manager)

Re: Tru Balla Spending = HF Manager
 

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Also, how do 204k on "accessories??

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Fashion and accessories: $204,200

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fashion= clothes, shoes, cashmere PJ's etc.

Re: Tru Balla Spending = HF Manager
 

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sweet first post

Re: Tru Balla Spending = HF Manager
 

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Also, how do 204k on "accessories??

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Fashion and accessories: $204,200

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fashion= clothes, shoes, cashmere PJ's etc.

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Don't forget Gucci linen.

Re: Tru Balla Spending = HF Manager
 

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Electronics: $99,300

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That's just wrong. Mine would be a good 5x that.

Re: Tru Balla Spending = HF Manager
 

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how do 204k on "accessories??" Gay balla maybe.

-JP
(wants to be a hedge fund manager)

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I reserved a suite at a high class hotel here in KC and the manager told me about thier presidential suit they charge 2k a night for. The Bedsheets for this room alone were 10 thousand dollars.

I think you misunderstand how much somebody can spend on fabrics and footwear.

Re: Tru Balla Spending = HF Manager
 

BALLA HOLLA

Re: Tru Balla Spending = HF Manager
 

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Electronics: $99,300


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I don't see how I could spend any less than 250k a year on electronics...[censored] the fine arts.

Re: Tru Balla Spending = HF Manager
 

I bet that Fine Art average is a result of some uber rich art collector(s) juicing the totals. In other words, I'd like to see the median.

Re: Tru Balla Spending = HF Manager
 

good god, thats a lot of bankers club gin!

Re: Tru Balla Spending = HF Manager
 

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Wine & spirits for the home: $48,900

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wtf.. thats only like what.. 15-20 or so bottles of louis XIII..? What are these losers drinking? blue beast?

Re: Tru Balla Spending = HF Manager
 

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I bet that Fine Art average is a result of some uber rich art collector(s) juicing the totals. In other words, I'd like to see the median.

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Re: Tru Balla Spending = HF Manager
 

where are the hookers?

Re: Tru Balla Spending = HF Manager
 

fine art and jewelry are not only balla, they increase in value over time. send the fetti that way.

Re: Tru Balla Spending = HF Manager
 

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Wine & spirits for the home: $48,900

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lol i probably spend close to this