Yeah, I had no idea that yacht existed when I coined this nick. It actually refers to my first big watch flip. The IWC il Destriero Scafusia. I bought it really well but it was so illiquid that it took me more than a year to sell and it's a good story. I was celebrating my biggest YTD and it was a cautionary tale of big wins, big taxes and basically degen behavior (drugs, travel, spending it all). Pit Boss approved a $50K DP Craps wager at Caesar's and opened with a 7. Fiction has to make sense.
What's funny is ppl have chastised me pub/private for being ostentatious/posing with the yacht nick. Nothing to do with some fcking yacht lol. I've yet to make enough to justify my Grail (Hinckley Talaria 57).