Reply to Anyone following this Candice Miller/Mama & Tata nightmare?

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[quote=Anonymous][quote=Anonymous]  I can't remember where i read it, but when this store broke,there was a someone who was quoted as saying that, relationships in these circles are very transactional.And it really hit on what i've long observed about the dynamics of relationships amongst this type of crowd.

Poverty is humiliating,isolating and detrimental to one's overall health.But,as a poor person, if you're lucky enough to have someone who cares for you then you know it's as authentic,genuine and sincere as it gets. The fact that this Brandon Miller guy didn't or thought he couldn't talk about the true state of their finances with his so-called wife is just so.....damning and revelatory of the kind of superficial relationships these people entertain.[/quote]
I don’t think that’s it at all. When you’re in finance in ny, there are wild swings all the time. Look at some of the most successful real estate funds, and most have had moments when they’ve been underwater. Many of the successful managers are former athletes, across the board they’re either very cocky or on the spectrum. They always think there’s the next big thing and they usually have to double down to get there. I’ve seen some wild rides. Obviously they don’t usually end like this, but if every manager gave up when he was down, a lot of funds would fold. This one is more complicated w/ being the second generation, but look how he went after a bigger project when he was in debt. That’s what they do. It just generally doesn’t carry over into extremes in personal spending.
Nothing about their lifestyle was equal to the size of their fund, even if it had been successful. She was spending as if he were a manager at tiger or citadel, not some run of the mill 2nd tier RE fund. [/quote]

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