Not wrong from a financial point of view, but the it should be noted that (generally speaking) a boat's maximum speed is proportional to its length:
* https://en.wikipedia.org/wiki/Hull_speed
You can cross oceans in a small boat, but you will probably do it much slower than a longer boat. There is some probability that something will go wrong every day you're out on the water, so the longer it takes the higher the chances that something bad will happen (never mind all the extra provisioning needed for those days). Also, the longer you're out, the more likely the weather will shift to something you won't like and you won't be able to avoid it because of your slow(er) speed.
Just another factor to consider.