All projects are different, but you have to treat each one of them with care. Sometimes you get to build a luxury yacht; other times, it'll be a rowboat. You still have to make sure the thing doesn't spring a leak.
You have no right to own a yacht if you ask that question.
Will you look at us by the river! The whole restless mob of us on spread blankets in the dreamy briny sunshine skylarking and chiacking about for one day, one clear, clean, sweet day in a good world in the midst of our living. Yachts run before an unfelt gust with bagnecked pelicans riding above them, the city their twitching backdrop, all blocks and points of mirror light down to the water's edge.
So, what people are actually left with to spend is maybe 25 to 30% of their income on goods and services, after paying taxes and after paying the FIRE sector (Finance, Insurance, Real Estate). Whether it's housing insurance or mortgage insurance. So there's an idea of distracting people. Don't think of your condition. Think of how the overall economy is doing. But don't think of the economy as an overall unit. Think of the stock market as the economy. Think of the rich people as the economy. Look at the yachts that are made. Somebody's living a lot better. Couldn't it be you?
If I remember, Russia, 20 or 30 years ago, you'd get shot trying to leave. Today, Russian tourists are all over the world. You have Russian oligarchs with big yachts all over the world.
Sometimes between lunch and dinner, when there's a lull, Jill and Shaniqua and I will sit around and fantasize about what we'd do if a REAL celebrity walked into the place, like Chad Michael Murray (although we've gone off him a bit since his divorce) or Jared Padalecki, or even Prince William (you never know. He could have gotten his yacht lost, or whatever.)
There's no indication that middle-income families feel resentful about the bigger mansions and yachts. But the near-rich, whose social circles intersect those of the rich, are subtly influenced by them.
We are living at a time where a handful of people have wealth beyond comprehension - huge yachts, jet planes, tens of billions of dollars, more money than they could spend in a thousand lifetimes. But at the same time, millions of people are struggling to feed their families or put a roof over their heads or find the money to go to a doctor.
Hearing politicians tell us we can't afford a tax cut is like listening to a glutton tell you he can't afford a diet. In no other context do people talk about paying for money they don't have. I can't pay for your refusal to give me money because I need a yacht.
Any fool can carry on, but a wise man knows how to shorten sail in time.
Wind is to us what money is to life on shore.
The desire to build a house is the tired wish of a man content thenceforward with a single anchorage. The desire to build a boat is the desire of youth, unwilling yet to accept the idea of a final resting place.
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