Overpriced stuff
Friday, April 28th, 2006Ok, anybody that reads my blog probably can’t actually afford hedge funds, but if you were wondering why the normal fees are 20%, it’s because they buy things like this. I’d be willing to bet that none of the people buying these things would actually be able to pick out the fish that cost $3000 if you put them in a tank of well bred $100 exotic fish. I guess value is really just the price that someone is willing to pay though, so if you can sell a rock for $5k, it’s worth $5k now. Sounds oddly like the real estate market right now…