Actually I didn't poke, was curious what you meant. There is so much innuendo and misinformation spewing in these threads I thought the Biden sensor police might be getting ready to attack...

Why are all the articles/media coverage so self promoting while constantly promoting "BILLIONAIRES" with no actual boats?

Core business is performance boats yet we have heard about yachts/jet skis/t-shirt lines/restoration side businesses/electric vehicles without seeing any new performance boats!?!?!

How do you make millions in the performance boat business?.................................Start with billions.

So simple math says if you had 1 billion dollars and investing it you got 6% your annual return would be 60 million dollars. Does anyone actually think that CRT would net more than 60mm building 50 boats a year? You would have to NET 1.2mm per boat to get to that level. If you really had 1B net why would you bother with such a niche business to make such little money? Why would you even bother showing up to beat that invested return? I get that they didn't spend the 1B to buy CRT but if you really were that rich you wouldn't even bother with CRT, you would buy a new boat and run the sh1t out of it having fun!

Tiger Woods is likely a billionaire..............Do you think he would bother owning CRT? Would he try to build a yacht? No, he bought a 155 ft one and is enjoying it.
Lebron James (another almost billionaire) invested 1mm in Blaze Pizza in 2012. His 10% stake is now worth 35-40mm not including the stores he owns.
Kobe Bryant invested 8mm in BodyAmour energy drink in 2014...........CocaCola just bought his shares for 400mm.

These guys are investors getting crazy returns. They aren't buying boat companies or trying to create lifestyle brands

“My passion is business, being an entrepreneur, making business deals happen, thinking of different ways to further companies that we own already, and then creating new companies that can go to great heights as well,” Alex said. “I’ve always been involved in this. I’ve had tons and tons of experience already, you know, so I’m not your typical 22-year-old coming out of college. I’ve been working since I was 17.””

wow, been working for 5 years already!
that says a lot,
time will tell

How do you rack up a $2,000 dinner tab ? I mean how big are you ? I couldn`t eat and drink that much food in a week much less a night.
If you`re fine with paying $90 for a hat then you are quite the baller but also not very smart with your money but good for you.
Most people like to get some value out of their hard earned cash not piss it away on overpriced shirts .

Hell, I can't keep up with any of you... I'm just the flunky that supports those that do get to do the fun things.

I've been to NUMEROUS events and Poker Runs over the years. Watch the money spent, follow the tabs, you will see I am not that far off... And as far as boat gas.... SERIOUSLY that is definitely not an exaggeration.

I could give two ****s if anyone buys anything, I just find it funny how some prioritize certain costs and lambast others....

Carry on....

My line of questioning would be:

1. How many jobs have you had at places NOT owned by friends and family?
2. Where is the best place to go for Spring Break? (A busy guy would say, not sure I work every spring break!).
3. What is your total lifetime income derived from jobs at places not owned by friends/family?

He (Alex) also mentioned in the article about crypto/tech millionaires that he expects to be the next generation of buyers for Cigarettes.

That got me thinking about Elon Musk, richest man in the world and I'd bet he would be mortified owning a Cigarette or any offshore boat (burning hundreds of gallons of fuel on every outing). Mark Zuckerberg drives a Honda Fit so lets put him in the "non buyer category" despite his incredible wealth. Can you imagine telling either of them that their Mercury 1100s need rebuilds for 100K after just a couple hundred hours?

Performance boats are not eco-friendly and in this changing world not sure Mr CEO is recognizing the trend. These boats were popular for drug smuggling!!!! That business has evolved and makes the boats less relevant. Look at the biggest US market for I/O powerboats...........LOTO! Its not even Miami anymore (though I'd think Miami is a strong CC market).

so those are the only 2 people that invest in crypto huh? ... guess all those same non crypto investors that are purchasing exotic cars and were never pitched "boats" in the same way as an exotic car wont be intrigued? as usual your logic is bupkis,(all emotion and no fact).... there is plenty of money out there for a higher end boat purchase. I don't know if it will work or not, but good on them for trying to target another audience..

This looks like a story from the 80's where Cigarette is sold to new owners and later sold back for way less than previous.

Lets fantasize someone is dying to buy a new Cig........they are loaded rich, money/price not a problem but remember this is an impulse buy, I want it now type attitude:

1. Hello rack storage, got a slip for a 42?............... nope but we have a wait list
2. Hello CRT- saw your instagram post, yep I want a new 42................well we quadrupled sales, 2 year wait on the boats, 90 days out on the swag though so you can live the lifestyle!

Can you see the dilemma for a rich guy impulsive buy? Also with Bitcoin 20% off the highs, I'd doubt anyone would be ready to cash out to buy a boat they can't get for months/years.


Yet they can go to ebay right now and buy all sorts of exotic cars today and drive them home and park them in their existing garage even if it is in Kansas! Performance boats are generally more restrictive to where/when they can be used. You can buy a 500K car and drive it through NYC today, tomorrow, heck every day this week! New boat, not so much.