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#1
11-13-2006, 09:52 PM
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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 
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#3
11-13-2006, 10:02 PM
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Re: Tru Balla Spending = HF Manager
[ QUOTE ]
Traditional spa services: $124,000 [/ QUOTE ] Does this include happy endings or not?
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#4
11-13-2006, 10:46 PM
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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?
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#5
11-13-2006, 10:55 PM
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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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#8
11-13-2006, 11:54 PM
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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.
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#9
11-14-2006, 12:56 AM
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Re: Tru Balla Spending = HF Manager
[ QUOTE ]
Electronics: $99,300 [/ QUOTE ] That's just wrong. Mine would be a good 5x that.
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#10
11-14-2006, 01:03 AM
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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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