(via wsj) According to Alpha Magazine the top 25 fund managers earned US$16 billion in 2007, and what do hedge-funders do with all that money? They spend + according to Prince & Associates, most hedge funders spend their millions on art, jewelry, watches, hotels and spas.
As they say in business, if you have got it flaunt it.
Useful links:
www.alphamagazine.com
www.russalanprince.com
www.exoticexcess.com
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