Bit of a lull at work lately, so I been looking at luxury real estate and luxury cars and other shit I cant afford again, and I always wonder.. who the fuck is buying this stuff? Who's paying $25k/mo in mortgage for a 2nd vacation home? Who's dropping $350k on a vintage car that'll kill you in a fender bender?
Answer: the proverbial big swinging dicks.
So... Who are the biggest swinging dicks on WSO? Who are the most senior people? What's the most senior rank held? Who has the most wealth?
Alternatively, who are the biggest swinging dicks [etc] in your personal network?
AND: How did they get there? Don't give me boring answers like "they worked their way up the ladder in high finance for 25 years and invested prudently in an appropriately risk-adjusted diversified portfolio". I want the Hollywood-finance wolf of wall street type stories.
Buying a $$$ collectible car isn't really blowing money though. If you know what you're doing, it will go up in value. Same with $$$ in art, watches, etc... Think of it more as losing liquidity. Art and collectibles in general are actually awesome investments, can get pretty good IRR out of them if you're a hardcore enthusiast.
Yeah I hear you. Wasn't necessarily trying to suggest that its blowing money, but more so asking who has that kind of disposable income and how'd they get there.
If I had the means, and was already comfortable with living situation and investments, I'd have a Jay Leno garage and an array of Pateks and Langes.
check out the HF forum bubs
yeah, yeah.
they'd be the ones with the biggest right hand tail in terms of WSO wealth
I want specifics though, I wanna live vicariously / get jelly of people who are the real world season 1 Bobby Axelrods
Just. Fabulous.
Who this?
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