what makes a yacht a white elephant/rogue

Pritty in Pink!

I got a good laugh about Stear horns on the yacht or making it pink

Why not? I think all these white yachts seem to loose a little, unless you are Limitless, or rising Sun. But even RS would look a bit better with a Sun painted on the bow, yes?

For me, I was Born in Northern Maine, so would have a nice green hull, with a Moose some place, a Lobster, and well maybe a nice moose rack on the bow. That is only my thoughts, but hell it would be my Yacht and maybe people would want to charter it because it was so different?