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-   -   Tru Balla Spending = HF Manager (http://archives1.twoplustwo.com/showthread.php?t=259681)

NajdorfDefense 11-13-2006 09:52 PM

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

deerok 11-13-2006 10:00 PM

Re: Tru Balla Spending = HF Manager
 
Standard

Mr_Donktastic 11-13-2006 10:02 PM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
Traditional spa services: $124,000

[/ QUOTE ]

Does this include happy endings or not?

NajdorfDefense 11-13-2006 10:46 PM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
[ QUOTE ]
Traditional spa services: $124,000

[/ QUOTE ]

Does this include happy endings or not?

[/ QUOTE ]

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

JMP300z 11-13-2006 10:55 PM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
'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

[/ QUOTE ]

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)

fsuplayer 11-13-2006 11:22 PM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
Also, how do 204k on "accessories??

[/ QUOTE ]

[ QUOTE ]
Fashion and accessories: $204,200

[/ QUOTE ]

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

bigscore 11-13-2006 11:43 PM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
Standard

[/ QUOTE ]

sweet first post

euphuistical 11-13-2006 11:54 PM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
[ QUOTE ]
Also, how do 204k on "accessories??

[/ QUOTE ]

[ QUOTE ]
Fashion and accessories: $204,200

[/ QUOTE ]

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

[/ QUOTE ]


Don't forget Gucci linen.

buckslayer80 11-14-2006 12:56 AM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
Electronics: $99,300

[/ QUOTE ]

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

troymclur 11-14-2006 01:03 AM

Re: Tru Balla Spending = HF Manager
 
[ QUOTE ]
how do 204k on "accessories??" Gay balla maybe.

-JP
(wants to be a hedge fund manager)

[/ QUOTE ]

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.


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