Mike Carlson Talks to The Wall Street Journal

Even though we have SIGNIFICANT disagreements with The Wall Street Journal’s current position on short-term interest rates, we’ll still sit for an interview if they request one. So, when WSJ recently asked Mike Carlson, co-owner of 26 North Yachts, to give his thoughts on the trend of well-to-do retirees using a yacht as their primary residence, he was happy to oblige.

Not surprisingly, Mike provided the story’s reporter, Emily Nonko, with a number of critical insights. First, he delved into the evolution of the yachting business – from “an old school, small industry” to one that now has a far wider appeal, particularly to baby boomers who have recently sold their businesses. Mike also discussed how technology has not only made “yachts easier to pilot with a smaller crew,” but how it has also made yachts “more conducive to long-term living”, citing improved phone & Internet connectivity as two drivers of that.

Mike clearly was the glue that bound this whole story together – and we encourage you to click into the article, but, sadly, you’ll need to be a WSJ subscriber to read more than the introduction.

Read the WSJ article here (subscription required): https://www.wsj.com/articles/yacht-owners-ditch-life-on-land-for-the-high-seas-11563373848?mod=searchresults&page=1&pos=1&fbclid=IwAR3U5yJefRc2jWTuWWezeLcx7muEL4eGX3T5lF2luofsI-DZj0_oezn10r0