What it means to be sly

[D.A.L.U.I.]

I'll have a word with HRH to see if we can swing a knighthood or at least an MBE.   

Hmmm, MBE--Most Bald Empire, but "knighthood"?  Sir Sly--it does have a ring & certainly not a horseshoe, what do you thing M'Lord Tyler?