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Old 11-13-2006, 10:55 PM
JMP300z JMP300z is offline
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Join Date: Sep 2004
Location: Scdavis0/Parlay\'s left.
Posts: 1,480
Default 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)
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