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Re:Tokamak Energy sets a temperature record among commercial... by credit_guy on Sunday March 13, 2022 @08:29PM (#30667217)
Here's an example: Moonlight II. It's a 300 foot yacht owned by a sheik [1]. The price is $100 MM. You can rent it for "from $705k per week" [2]. Could be more, I guess. If they manage to charter it for 30 weeks a year, that's a nice $21 MM. That more than covers any conceivable financing and operating costs. In fact, you'd be hard pressed to find an investment with a similar return.

[1] https://www.superyachtfan.com/yacht/moonlight-ii/

[2] https://www.fraseryachts.com/en/yacht-for-charter/moonlight-...

Re:Tokamak Energy sets a temperature record among commercial... by fnord77 on Sunday March 13, 2022 @10:00PM (#30667748)
> If they manage to charter it for 30 weeks a year

that's a big "if"

Re:Tokamak Energy sets a temperature record among commercial... by TylerE on Sunday March 13, 2022 @11:00PM (#30668093)
Something like that probably has a one week turnaround between charters just to deep clean the thing, and reposition for the next trip.
Re:Tokamak Energy sets a temperature record among commercial... by adhesive_wombat on Monday March 14, 2022 @03:42AM (#30669497)
Ew, yes can you imagine the mess.

I'm surprised no authority has raided one just after an investment banker party cruise, looked for the forgotten baggies and seized the vessel for "drug smuggling".

Re:Tokamak Energy sets a temperature record among commercial... by vkou on Monday March 14, 2022 @05:59AM (#30670451)
In most localities, the purpose of drug laws is not in constraining the behaviour of people wealthy enough to party on a super-yacht.
Re:Tokamak Energy sets a temperature record among commercial... by objektif on Sunday March 13, 2022 @11:15PM (#30668172)
10 weeks would put it on par with Equity returns. Still not bad.
Re:Tokamak Energy sets a temperature record among commercial... by 01100011 on Monday March 14, 2022 @02:01AM (#30668977)
Doesn't that also have the benefit of making the yacht a business expense?
Re:Tokamak Energy sets a temperature record among commercial... by adhesive_wombat on Monday March 14, 2022 @03:18AM (#30669346)
I think superyachts are too "tax-efficient" to be thought about in such simple terms.