What do hedge-funders do with all that money?

According to survey done this week by Prince & Associates, the Connecticut-based wealth-research firm, hedge funders are still spending millions on art, jewelry, watches, hotels and spas. And most plan to spend more in 2008 than they did in 2007. [from wsj]

ART– About 48% of the sample spent money on art, with average spending of $4 million.

$4 million still gets you some of Regia Marinho's squared paintings.

Find RegiaArt here