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Citizen Walsh - Racing Talk - Racehorse TALK

Author Topic: Citizen Walsh  (Read 61100 times)

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Offline jfc

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« 2018-Dec-16, 06:42 PM Reply #275 »
Maybe these genii are headed for GoFundMe.


Presently, the arts institution is a beautiful sinkhole.

Most recent accounts show MONA recorded a bottom line loss of $23 million on $32 million in revenue.

The year before that MONA, which trades as Moorilla Estate Pty Ltd, lost more than $18 million on revenue of $29 million.

Walsh declined to comment to Margin Call on its soon to be lodged 2018 numbers, but we hear the losses haven’t stopped.

Records show Walsh has — via his Downward Spiral Enterprises (TAS) Pty Ltd — loaned MONA $132 million. The loan is interest free and has no scheduled repayments.

https://www.theaustralian.com.au/business/margin-call/margin-call-david-walshs-mona-is-a-beautiful-sinkhole/news-story/873274ad92ab82e39ef469e2dd6b1f28


Online Bubbasmith

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« 2018-Dec-17, 07:57 AM Reply #276 »
Jfc, where do you place Walsh,not Z, on the totem pole of punting to which , your goodself and Rodent are clinging and do you think successful punters of today are in reality ,not punters ,but simply good computer programmers with the ability to predict the winner or determine in the long run what horses or combination of horses’ are over the odds?
« Last Edit: 2018-Dec-17, 05:48 PM by Bubbasmith »

Offline jfc

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« 2018-Dec-17, 11:23 AM Reply #277 »
Wish I hadn't clicked on this provocative post, but the only way I'll move past it is to respond.

Walsh might have had great maths skills in obscure areas but you don't need to know about Mandlebrots or the Kolmogorov-Smirnov to be a formidable maths punter. His computer skills appear ordinary at best.

There's no way he could have made it without Zeljko.

Zeljko is unbelievably lucky to have been born at the right time in the right place where the rich morons running Wrest Point Casino were too dumb to ban him at the start (llke nearly all other bosses would). He's very, very, very good at Blackjack and he also has an uncanny knack on convincing others to do the maths and form and programming for him.

He could have easily found someone at least as useful as Walsh for his punting exploits. Minus the baggage.


 

Offline JWesleyHarding

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« 2018-Dec-17, 04:09 PM Reply #278 »
The last sentence seems like a retrospective job application

Offline jfc

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« 2018-Dec-17, 05:12 PM Reply #279 »
Wow! There's an idea!

Perhaps I should first delete all my unflattering posts about the perps as hopefully they haven't seen them yet?

Offline JWesleyHarding

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« 2018-Dec-17, 05:21 PM Reply #280 »
I did say "retrospective".

My guess is Jfc was knocked back for the job in the day and has loaded up here on those who didn't have the wisdom to see what they were missing.

Offline jfc

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« 2018-Dec-17, 06:03 PM Reply #281 »
"Retrospective job application" makes no sense whatsoever.

And your guess is very dumb.

Offline jfc

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« 2019-Jan-09, 09:06 AM Reply #282 »
Apropos Bubba's earlier question-

From RWW

"Interestingly, I was a guest at a small lunch with several of the world’s most successful punters. I posed a question: there are said to be 2,000,000 Australians who have had a betting account with a corporate, how many earn a living (say $100k) punting. The answer ranged from 10 to 50 – a small percentage. Good on Len."

http://ausrace.com/pipermail/racing_ausrace.com/2018-November/000465.html

Offline PoisonPen7

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« 2019-Jan-11, 03:37 AM Reply #283 »
Maybe these genii are headed for GoFundMe.


Presently, the arts institution is a beautiful sinkhole.

Most recent accounts show MONA recorded a bottom line loss of $23 million on $32 million in revenue.

The year before that MONA, which trades as Moorilla Estate Pty Ltd, lost more than $18 million on revenue of $29 million.

Walsh declined to comment to Margin Call on its soon to be lodged 2018 numbers, but we hear the losses haven’t stopped.

Records show Walsh has — via his Downward Spiral Enterprises (TAS) Pty Ltd — loaned MONA $132 million. The loan is interest free and has no scheduled repayments.

In fairness to Walsh, can someone tell me how much profit all the various museums and art galleries around Australia make per year?

I'd venture to say the answer is zero.

Museums and art galleries are a "public service". The Tasmanian or Federal Governments should take over MONA. It is after all a popular tourist attraction and the media report has not subtracted the intangible benefits that MONA brings to Tassie.

Online wily ole dog

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« 2019-Jan-11, 07:04 AM Reply #284 »
I did say "retrospective".

My guess is Jfc was knocked back for the job in the day and has loaded up here on those who didn't have the wisdom to see what they were missing.

You're not suggesting jfc is Peter Mair are you

Sorry, jfc, couldn't resist  8-)

Online Bubbasmith

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« 2019-Feb-11, 08:25 AM Reply #285 »
ART mogul DAVID WALSH says he let David Jones take over his famous MONA gallery to see where “showing off” and consumerism collide.

“To be honest, I don’t know a lot about fashion,” Walsh, who owns Hobart’s Museum of Old and New Art, told Confidential.

“I know a lot about human biology  :chin: :chin: and I know one of the things that we tend to do is to establish status by showing off.

“Mona was built on that principle. David Jones, on the other hand, was built on a commercial principle,” Walsh said. “Where they cross over is the humans that inhabit them. I’m very interested in seeing how that crossover works.”

David Jones launched its “Art Of Living” AW19 season at MONA over two days last week, which included a wellness event featuring actor TERESA PALMER, and a fashion parade starring JESSICA GOMES    emthup   , VICTORIA LEE  :shy:, GEMMA WARD :shy: and CAMERON ROBBIE. :shy: brother of Margot ?????

“I worry that when people come here, they’re uncomfortable, and I do everything I can to democratise the art,” Walsh said. “David Jones, I guess, is a store for everyone. But this felt like (the event) had a bit of privilege inside it.

“That worried me, but I also found it interesting. I found it pleasurable.”

Walsh said preparations are also well under way for MONA’s cutting edge winter festival, Dark Mofo, in June.
« Last Edit: 2019-Feb-11, 08:33 AM by Bubbasmith »


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