Chinese buy yacht companies, not yachts

[Serious News]

They have now purchased Sunseeker and Ferretti.


Wealthy Chinese may not be buying many big yachts, but they are buying up big yacht companies.

http://t.money.msn.com/money-video?...ed-b31e-84e53032572b&from=en-us_money&ap=True

 

[Ratickle]

Now I can't buy a Pershing!

http://www.ferrettigroup.com/

 

[fund razor]

They ate Bertram.

 

[Ratickle]

Yeah, kinda sucks....

 

[Bobcat]

Lead based boats....nice.

 

[fund razor]

Well, at least Bertram ate Chinese first.

 

[Ratickle]

Isn't that kind of a hollow victory though?

 

[fund razor]

Well, he was hungry again in a couple of hours.

 

[Ratickle]

That's gonna leave a mark.