How hard they fall

[SirRumpole]

I was just wondering what happened to Nathan Tinkler, so I looked him up, and from being worth $1.2 billion in 2012 ,he's now broke.

Where did it all go wrong ?

What lessons are there in his demise ?

https://en.wikipedia.org/wiki/Nathan_Tinkler

 

[satanoperca]

Be honest!

 

[wayneL]

As you probably know, such characters seem to find their way into the horse world, especially thoroughbreds.

I've watched a fair few of these guys, whom I've had contact with through my job, come and go, including Tinkler, Connell, Holmes a Court, Bond, and many, many others... and absolutely tonnes more of the minor players.

It's the ego, it gets them every time.

 

[SirRumpole]

Be honest!

Yes that helps, but there are poor but honest people as well.

 

[sptrawler]

Yes that helps, but there are poor but honest people as well.

I would rather be poor and honest, than rich with no principles.
Also I have lost contact with close friends and family over that very principal.

 

[SirRumpole]

As you probably know, such characters seem to find their way into the horse world, especially thoroughbreds.

I've watched a fair few of these guys, whom I've had contact with through my job, come and go, including Tinkler, Connell, Holmes a Court, Bond, and many, many others... and absolutely tonnes more of the minor players.

It's the ego, it gets them every time.

Maybe the lesson there is don't invest in companies run by race horse owners.

They are gamblers, usually with other people's money.

 

[SirRumpole]

I would rather be poor and honest, than rich with no principles.

Welcome to my life.

 

[satanoperca]

Yes that helps, but there are poor but honest people as well.

Maybe Tinkler is one of those

 

[wayneL]

Maybe the lesson there is don't invest in companies run by race horse owners.

They are gamblers, usually with other people's money.

Fair assumption!

But it's *how* you go about it.

"Horsetrader" is a cracking read about how to make a Motza... The story of Robert Sangster and the Mahktoums(sp?)

That dynasty survives to this day under the stewardship of John Magnier across several continents.

*Sharp*

 

[sptrawler]

Fair assumption!

But it's *how* you go about it.

"Horsetrader" is a cracking read about how to make a Motza... The story of Robert Sangster and the Mahktoums(sp?)

That dynasty survives to this day under the stewardship of John Magnier across several continents.

*Sharp*

A great book for you to write Wayne, "How to paint a racehorse" .lol

 

[qldfrog]

A great book for you to write Wayne, "How to paint a racehorse" .lol

So this is the way you got your tonne of Gold..who you know....
As for Tinkler, i doubt anyone who has been a billionaire on paper has not been able to put aside a lazy 4 or 5 millions.you know,what you and i would see as ultimate wealth...

 

[wayneL]

Bondy certainly seemed to resume a pretty lavish lifestyle when he got out of the slam.

A client (who was part of that whole WA corporate cowboy scene) I had when I was over in WA, wrote a book called Retribution. It was allegedly fictional, but the only fiction were the names of the characters. Bond, Connell, Burke, et al, all immediately recognizable. LOL

But yep, I've got enough material in my head to write a Cooperesque classic

 

[over9k]

Anyone else been good enough at gaming their system(s) to get booted off them?

 

[SirRumpole]

Sizzlers, purveyors of steak, seafood and cheese toast have succumbed to declining sales and are closing down in Australia.

I wonder if there are lessons for McDonalds, KFC and Hungry Jacks to name a few.

End of an era: Sizzler will serve its final cheesy bread this weekend

Australians are about to lose one of country’s most iconic food chains.

www.news.com.au

 

[Garpal Gumnut]

Sizzlers, purveyors of steak, seafood and cheese toast have succumbed to declining sales and are closing down in Australia.

I wonder if there are lessons for McDonalds, KFC and Hungry Jacks to name a few.

End of an era: Sizzler will serve its final cheesy bread this weekend

Australians are about to lose one of country’s most iconic food chains.

www.news.com.au

The Hydro Majestic Hotel still personally garages the Arnage on trips to the Blue Mountains but Mark Foys is long gone.

Times change.

gg

 

[Value Collector]

The Hydro Majestic Hotel still personally garages the Arnage on trips to the Blue Mountains but Mark Foys is long gone.

Times change.

gg

They had a Tesla charger last time I was at the Hydro too.

 

[Dona Ferentes]

My brother's ex-wife used to work at Sizzlers. Am amazed it took 25 years to go broke.

 

[Value Collector]

My brother's ex-wife used to work at Sizzlers. Am amazed it took 25 years to go broke.

it’s been a slow bleed for years, as a 90’s kid I have lots of fond memories of sizzlers pasta and desert bars, but I guess the novelty slowly wore off.

 

[SirRumpole]

Myers the next to go ?

 

[Garpal Gumnut]

Myers the next to go ?

To Solly Lew.

gg