through the dunes for their notorious midnight swims, the shrieks from the guests as they hit the cold water audible almost in the center of town.
Friends were always coming to stay, often not leaving for entire summers at a time, but Windermere was big enough, and the overspill could always stay in one of the four cottages on the far edges of the compound.
Two of the cottages were sold off after Lionel died and Lydia developed Alzheimer’s. Lydia eventually went into a nursing home in Boston and Nan tried to visit her there as often as she could, sometimes bringing her son, until it became too painful, toward the end, when Lydia wasn’t even a shadow of her former self but a tiny, shrunken, white-haired old lady, whom Nan once walked straight past when she went to visit.
Everett had died by that time, or, as Nan put it for so many years, had gone. She had woken up one morning and the bed had been empty, which was not particularly unusual—he would often wake up and go for an early morning swim—but it wasn’t until he failed to return that her heart quickened with a trace of anxiety.
She went down to the beach, and still she remembers that she knew, knew from the moment she turned over and saw his side of the bed empty, that there was something not quite right.
His T-shirt was roughly folded, weighted down by his father’s watch. No note. Nothing. And the sea was particularly rough that day. Nan had stood and looked out over the waves, listening to the ocean crash around her as a tear rolled down her cheek. She wasn’t looking for him, she knew he had gone.
She just didn’t know why.
It turned out to be no coincidence that Everett’s grandfather had won Windermere in a poker match. Gambling, it transpired, skipped a generation and landed quite solidly on the shoulders of Everett.
Nan knew he loved his poker games, but had no idea they were anything other than fun, anything other than a reason to spend a night out with the boys, drink a few single malts and smoke a few cigars, or whatever it was they did.
But after he died, all those years ago, she received phone calls from the banks, then from various people to whom he clearly owed money, and, finally, from his accountant.
“It does not look good,” he had said.
Luckily, there were assets. The two remaining cottages on the edges of Windermere were sold, and then, a few years later, the New York City apartment. A big decision, but she had always loved Windermere, had loved the thought of making it a permanent home, and Michael was young enough that she thought he would benefit from a quieter life, a life that was simple, in a place they had always adored. It was in the late seventies, and she got so much money for the apartment she thought she would be fine forever.
“I leave it in your hands,” she had said to her stockbroker with a laugh, knowing that a pot that sizable would be fine.
Nan doesn’t have a stockbroker anymore. Stockbrokers used to be revered, but she doesn’t know anyone who calls themselves a stockbroker these days. These days she hears the summer people use phrases like M & A, bond derivatives and, perhaps more than anything, hedge funds. She still doesn’t understand what a hedge fund is, knows only that the people who are building the biggest houses on the island, the husbands who fly in for the weekend in private jets and helicopters, joining wives, nannies and house-keepers, all seem to work in hedge funds.
She has her money in a hedge fund herself. Every month she receives a statement, but mostly she forgets to open it. Her mail has a tendency to pile up on a kitchen counter before being swept away into a cupboard somewhere, for Nan has no patience for the prosaic—bills bore her, and the only envelopes that are opened and responded to immediately are handwritten, and personal.
Today her financial adviser is coming for lunch, although Nan thinks of him less as a financial adviser and more as a friend. Not that he is much of either—she has not seen him in person for four years, and he doesn’t advise her particularly, other than to have told her, all those years ago, that the hedge fund she subsequently invested in was a good one, started by one of the brightest traders at