How I Spent My Summer Vacay

Ahh, to have the Treasuries keel over, the Pound rally to the 2 spot again and big LBO bets come to fruition. Certainly makes one's mind wander to things like G5s, Breguets and single malts twice your age. To that effect, I found this Forbes article both inspirational and useful.

clipped from www.forbes.com Assuming they can pry themselves away from their computers for a quick break this summer, hedge fund partners are planning to spend a fair amount of money enjoying the good life. Many in the business are already anticipating that their funds' strong performance so far this year will morph into a big incentive payoff come winter. The average hedge fund partner plans to drop $82,000 on watches and jewelry alone this summer. The biggest-ticket item of the summer seems to be yacht rentals, where the average budget is $446,000. But only 14 of the 301 partners in the survey plan to rent a yacht. The rest of them probably own. Hedge fund clients want unusual and off-the-beaten path destinations, challenges to take their minds off number crunching. Surfing down the ash covering a volcano in Nicaragua, heliskiing in Chile, anaconda hunting in the Amazon and motorbike safaris in Namibia are all popular. They plan to spend an average of $96,000 on "experiential" vacations.