50 Shades of Grey
The wife, a 41-year-old banker earning more than £400,000 a year, claims her husband’s ‘boring attitude’ to sex is evidence of ‘unreasonable behaviour’. In her grounds for divorce, filed at the High Court, she refers to the novel, which tells of the sadomasochistic affair between billionaire Christian Grey and naive student Anastasia Steele. The woman in the court case bought the raunchy book almost as soon as it was published last year and hoped it would encourage her husband to be more adventurous in bed. The wife’s solicitor, Amanda McAlister, a family law expert, believes the case is the first where the new phenomenon of ‘mummy porn’ has triggered a divorce. She said: ‘The woman had been reading the book and wanted to spice up her love life. ‘She thought their sex life had hit a rut – he never remembered Valentine’s Day and he never complimented her on her appearance. So she bought sexy underwear in an attempt to get her husband more involved. She said, “Let’s make things more interesting.” ‘But when he still didn’t take any notice she told him he had a boring attitude to sex and she was fed up. ‘He went ballistic when he found out the name of the book she was reading and told her, “It’s all because you have been reading that bloody book”.’
The husband is admitting ‘unreasonable behaviour’ so the divorce can be granted quickly without a contested hearing in which his alleged low libido would be discussed in court.
50 Shades of Grey is the first book in a trilogy about the relationship between a recent college graduate, Anastasia Steele, and a “young business magnate,” Christian Grey, the former being employed as a sex slave of the latter, who has a room in his apartment called the “Red Room of Pain,” where his sadomasichistic directives go down. The books have been dubbed “mommy porn” and are apparently huge among married women over thirty who are using the “tantalizing tale to spice up their sex lives.” Naturally, the subject came up last night at a party attended by some billionaires and their wives.
Stephen Schwarzman [attended the event] with his wife, Christine Schwarzman, who said she’s just finished reading the novel “50 Shades of Grey,” which is “definitely not for Steve,” who likes the thriller writer Lee Child.
While the Blackstone CEO maybe be (allegedly) too good for billionaire BDSM tales, we’re pretty sure most of his peers have found themselves unable to put the page-turners down and don’t care who knows it. To that end, we’ve sent out detailed questionaires to top CEO and hedge fund managers to find out how many other “out and proud” readers of erotic literature there are among Wall Street’s elite. Apparently Jimmy Cayne went through the trilogy in “less than a week.”
The more frequently you monitor your portfolio, the more likely you are to observe a loss.
This is likely to cause short-sighted decisions and could hurt your investment performance.
If you are checking your portfolio more than once per quarter, you’re doing it too much.
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Dan Egan, Betterment Director of Behavioral Finance and Investing