11/5/17

How often do you go out and how much do you end up spending on a night out? I wanted to compare my spending with others.

I go out once a week (Friday) and typically spend $120 ~ $200 (greasing the bouncer, taxi, drinks) depending on how generous I am feeling to my friends (most of the time, very generous because I end up getting absolutely destroyed)

ps. I'm an equity derivatives trader at a BB

Comments (42)

10/29/17

It is a bit of a tricky question. I tend not to qorry too much about how much i spend. I am not rich, at all...lol...but I d rather go out less and just enjoy a dinner, or a cocktail or whatever, instead of going out every weekend and think about how much i d spend.

Financial Modeling
10/30/17

I try to keep it under $70.

"Work ethic, work ethic" - Vince Vaughn
10/30/17

'bout tree fiddy.

10/30/17

subway round trip: $5.50
6 pack for pregaming: $10-12
entry to bar/club: $0 - $30 depending on if it's for a particular event
drinks at bar/club: ~$30 I don't pay for other people's drinks unless they pay for one of mine first.

range: $45-$70 or so

11/12/17
DeepLearning:

subway round trip: $5.50
6 pack for pregaming: $10-12
entry to bar/club: $0 - $30 depending on if it's for a particular event
drinks at bar/club: ~$30 I don't pay for other people's drinks unless they pay for one of mine first.

range: $45-$70 or so

Don't hedge fund people get bottle service?

11/13/17
Pump And Dump:
DeepLearning:

subway round trip: $5.50
6 pack for pregaming: $10-12
entry to bar/club: $0 - $30 depending on if it's for a particular event
drinks at bar/club: ~$30 I don't pay for other people's drinks unless they pay for one of mine first.

range: $45-$70 or so

Don't hedge fund people get bottle service?

In all seriousness there has been some pretty interesting research around this type of thing. Check it out here. https://papers.ssrn.com/sol3/papers.cfm?abstract_i...
Abstract:
Using a novel dataset of hedge fund manager automobile purchases, we show that,
motivated by sensation seeking, hedge fund managers often take risk for personal and
non-pecuniary reasons. In line with the sensation seeking view, managers who own
powerful sports cars take on more investment risk but do not deliver higher returns,
resulting in lower Sharpe ratios. Moreover, funds managed by performance car owners
exhibit higher operational risk and are more likely to fail. Performance car owners
demonstrate other attributes associated with sensation seeking, such as a preference
for lottery-like stocks, unconventional strategies, and active trading.

While not exactly bottle service, I tend to think the tendency to buy sports cars and get bottle service are highly correlated!

11/13/17
DeepLearning:
Pump And Dump:
DeepLearning:

subway round trip: $5.50
6 pack for pregaming: $10-12
entry to bar/club: $0 - $30 depending on if it's for a particular event
drinks at bar/club: ~$30 I don't pay for other people's drinks unless they pay for one of mine first.

range: $45-$70 or so

Don't hedge fund people get bottle service?

In all seriousness there has been some pretty interesting research around this type of thing. Check it out here. https://papers.ssrn.com/sol3/papers.cfm?abstract_i...
Abstract:
Using a novel dataset of hedge fund manager automobile purchases, we show that,
motivated by sensation seeking, hedge fund managers often take risk for personal and
non-pecuniary reasons. In line with the sensation seeking view, managers who own
powerful sports cars take on more investment risk but do not deliver higher returns,
resulting in lower Sharpe ratios. Moreover, funds managed by performance car owners
exhibit higher operational risk and are more likely to fail. Performance car owners
demonstrate other attributes associated with sensation seeking, such as a preference
for lottery-like stocks, unconventional strategies, and active trading.

While not exactly bottle service, I tend to think the tendency to buy sports cars and get bottle service are highly correlated!

Too many fancy words I don't understand. Here is a silver banana.

11/13/17

SB for staying in character

11/13/17
DeepLearning:

SB for staying in character

Oh shit while we are at it. In your hedge fund, is it true you guys go after retail trader's stops? Need to know from someone on the inside :^)

10/30/17

Nothing since I gave up drinking. It's rare that a bartender will charge me for my seltzers.

If I'm celebrating w/ friends or something, i usually cut off the spigot at ~$200

11/12/17
TheGrind:

Nothing since I gave up drinking. It's rare that a bartender will charge me for my seltzers.

Yeah, but it takes the bartender the same or similar amount of time to go and get a cup and fill up your seltzer than for a beer etc. So be considerate to the service being provided and at least throw a dollar down every now and then for the time spent on your $0 drink.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

10/31/17

I'm an undergrad student living in Moscow, Russia. I go out every weekend and spend $50-$100/night.

Pre-game: $15

Taxi (there and back): $15

Drinks/bottle service in club: remaining

Networking doesn't only apply to the corporate world. Knowing the right people can save you money. Become a regular at one nightclub/bar in your city, and go mostly there. I get in for free, I get discounts for bottle service, my promoter introduces me to girls and buys me shots.

11/6/17

yeah I can tell you are from Moscow..

Financial Modeling
10/31/17

Can't you (allegedly) get an 8 ball for like 150-200 bucks?

You couldn't go through an 8 ball in a night, but if you can, hit me up - I'd party with you.

'I'm jacked... JACKED TO THE TITS!!'

10/31/17

Prices straight skyrocketed, holmes; you're looking at 250 for the raw these days

11/6/17
surferdude867:

Prices straight skyrocketed, holmes; you're looking at 250 for the raw these days

  1. Spewing.

'I'm jacked... JACKED TO THE TITS!!'

11/5/17

$150!?...I remember my college days

10/31/17

cab: 30
drinks: 50~100
food: 20

Best Response
10/31/17

Condoms - $0 because I don't use them
A six pack of 'Ronas -$11
A nice Cuban cigar - $30
My Lamborghini Veneno Roadster -$4,500,000
Assassinating Jamie Dimon with bounty hunters hired off the dark web paid anonymously using cryptocurrency through numerous shell corporations. - $121, 983, 271.39

I live for life's simple pleasures.

10/31/17

Well that's just fucking rude!

10/31/17

Pussy comeback, you're done for.

Disclosure: currently long GS, short JPM

10/31/17

Disclosure: I'm currently long your mom's panties

11/6/17

You should go short with me on Jamie's daughters' panties. They're definitely about to drop.

10/31/17
Lloyd BIankfein:

Condoms - $0 because I don't use them
A six pack of 'Ronas -$11
A nice Cuban cigar - $30
My Lamborghini Veneno Roadster -$4,500,000
Assassinating Jamie Dimon with bounty hunters hired off the dark web paid anonymously using cryptocurrency through numerous shell corporations. - $121, 983, 271.39

I live for life's simple pleasures.

No pullout squad

"Loser terrorists" & "bad hombres"

"Typical candidates are those who attended a reputable academic institution"
-Most job applications

10/31/17

Depends of the chick

10/31/17

the attractiveness of a girl entirely depends on how much alcohol you've consumed thus far

11/5/17

I always generally rate girls on the if I were drunk scale, cause the odds of me being drunk on most occassions are high.

10/31/17
  • Dinner: $150 - $175 (by the time you have a nice bottle of wine and two entrees)
  • Pub with Friends: $90 - $130
  • Proper Night Out: $300 - $400

Probably add a cab fair or an uber.

10/31/17

Split a 30 rack: ~$5
Drinks at the bar: < $25
Uber: ~$10 round trip
Food: $5-10

10/31/17

Normal night:

20 for uber
40 for drinks
0 for food (eat left overs)

When I am balling out:

25 for uber
50-100 for drinks
25 for food

11/7/17
datguy345:

Normal night:

20 for uber
40 for drinks
0 for food (eat left overs)

When I am balling out:

25 for uber
50-100 for drinks
25 for food

How is 25 enough for food? I go to Chipotle and it is 25 bucks

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

10/31/17

Enough.

"Loser terrorists" & "bad hombres"

"Typical candidates are those who attended a reputable academic institution"
-Most job applications

10/31/17

You gotta pump those numbers up. Those are rookie numbers. @FratDad"
Lol, assuming you've done your budget / savings plan, spend as much as you want. **Just make sure it's on shit that makes you happy / a better person. **

I usually drop 50 to 100 on dinner and 20/30 on drinks. But I don't do nightclubs anymore. Without "fuck you" money, buying bottle service or wine with dinner is wasted / for posers / very special occasions only. Girls buy 2nd round if they want my company. 3rd round is free, cause it's at my apartment :)

Pro tip: buy premium liquor / wine for the apartment and download Via for cab rides.

11/5/17
FratDad:

How often do you go out and how much do you end up spending on a night out? I wanted to compare my spending with others.

I go out once a week (Friday) and typically spend $120 ~ $200 (greasing the bouncer, taxi, drinks) depending on how generous I am feeling to my friends (most of the time, very generous because I end up getting absolutely destroyed)

ps. I'm an equity derivatives trader at a BB

You have to grease the bouncer and you pay for your friends?

Those are a couple of things you don't need or at least shouldn't do.

11/6/17

Always try and keep total spend under PS100. Maybe add on another PS50 if it's a big night.

11/6/17

I didn't know greasing bouncers was still a thing. I like to avoid clubs these days, not worth it in my opinion.

$35: Uber/Lyft/Cab (I do try to use subway for one way, if feasible)
$90-$120: drinks/paying for friends
$30: some form of food

11/12/17

3

-

11/12/17
yelloweat:

3

3 grand is baller, I love it

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

11/12/17

I only go out on Saturdays:

Uber: $15-20 (x 2)
Drinks: $30-100 depending on how drunk I want to get
Food: $25-40
Total: $85-180 (might hit the 180 number once a month, or will go all out (i.e. pay for majority of a table) if I'm celebrating something with friends)

I'm honestly confused when I hear about people spending $300 in a night unless they're either getting a table with people, or buying blow.

11/13/17

Unlock These Comments - Free

Join Us or Login

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

11/16/17
11/16/17

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Add a Comment