Forbes takes a look at a survey of hedge-funder spending:

[T]here is a big difference between what super-rich hedge fund execs will pay compared with the merely rich. Partners with more than $20 million in net worth have budgeted $183,000 on jewelry and watches, whereas those with less than $20 million plan to spend only $52,000.

So that's the new line that divides the men from the masters: $20 mil. That'll be a very important Hamptons question this weekend for the ladies who seek to marry and be bejeweled better-than-well.