Anyone who has ever owned a boat will tell you that the ongoing mooring and maintenance costs can be considerable. One of the major advantages of sharing a boat is sharing these costs.
So I read this article in the Wall Street Journal today with a little amusement. Sunk costs details the running costs of superyachts. This isn’t for the faint-hearted! People also often don’t realise that even the very wealthy share assets, they just might not advertise the fact.