(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
P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
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