Red Sky
My wife Edie and I are retired sailboat racers, and devotees of the coast of Maine, which Edie has visited every summer for 75 years. This summer, as we drove by the local boatyard, we noticed an extremely tall mast rising from the pier along which boats were moored. We parked and went down to the dock. There we found a huge 105 foot long bright red sloop. Her stern bore the name Red Sky. Under that was her hail port – "C.I." (for Cayman Islands, a tax haven). A workman reported that the owner was "in the hedge fund business", and that Red Sky spent summers in Maine but wintered in the Caribbean. This "toy" probably cost its owner between five and ten million dollars. I do not know the Yankee workman's thoughts, but as a former manufacturer of necessary products and a competitive sailor of 30 foot boats, Purple found this display of hedge fund wealth and tax evasion somewhere between ridiculous and shameful.