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AUM and golf (not for newbies)

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Apr 13, 2007 4:57 am

[quote=silouette]

Along that line (that reality is black and white),
Allreit, I have to admire your logic. You did bring up a lot of true
points. And the thing about owning sheep pasture is  .

 [/quote]

Seriously, before lawnmowers were invented, thats how you kept the fairways/lawns trimmed. Sheep nibble grass down to about 1in of the roots.

So in feudal times, golfing ment owning lots of sheep. Which meant you had lots of productive land that you could afford not to farm or rent out.

The cost of maintaining a moden high class golf course in terms of chemicals/labor/water is staggering.

Golf and golfing are relics a feudal past in which resources were used/reserved for a rural aristocratic elite in contrast to bourgeois mass entertainments like theatre and pubs.

There are alot of HNW people who's background does not include golfing.

Apr 13, 2007 5:16 am

[quote=mikebutler222]You might as well tell me that fine dining and wine knowledge or sailing  are
“fundamentally bourgeois/aristocratic” and that you won’t find HNW
prospects engaged in those pursuits. How do you manage to haul that
chip on your shoulder around all day?
[/quote]



<o:p></o:p>Fine dining/music/culture etc are far more acessable in terms of time/money outlay.

[quote=AllREIT] After all, if they thought highly of golf, they would be golfers.  [/quote]

No, it’s more likely they lack the funds and the ability, thus, they get bitter. It’s like the guy that convinces himself he hates Porsches and the people who drive them and that those drivers are poor prospects and all because he can’t afford one.[/quote]

The old, "people who don't think like me are bitter" argument. It doesn't hold water. People who like golf are going to be golfers, people who don't like golf won't be golfers.

It's not like there are teeming masses of people who loiter around the gates of golf clubs hoping to be let in.


[quote]The fact is this thread was about gathering assets and golf. Regardless who what you think of it, those two things fit together tightly.[/quote]

Try offering a golf outing at a Hadassah meeting and see how many takers you get.

[quote]HNW people are the best prospects (unless you can build a book out of the type of people who are tapped out once they’ve bought a home) and people who join private clubs are HNW.[/quote]

There are so many private clubs/fuctions that are not about golf....

[quote=mikebutler222][quote=AllREIT]If invited my whole book to go golfing with Jack Nicklaus, *maybe* 8% would show up. [/quote]

Then you’re the one “advisor” in the country that can say that. It probably says more about you and your book than anything else, but that’s another issue.[/quote]

Not really, lets say I tend to prospect at fundraisers for the local world music society. Very unlikely to find golfers there. Ditto for friends of the local divinity school lecture program. etc

So while all the newbie POA's are practicing winning strokes with each other on the golf course, they ignore acres of diamonds off the greens.

[quote=mikebutler222][quote=AllREIT]At a social level, golfing is mostly a WASP thing. If you are parts of the country that are not WASPy, you arent going to see much interest in golf.
[/quote]

What a profoundly stupid thing to say. Golf is played by people from Hawaii to Maine and Florida. Well outside the “WASPy” zone.[/quote]


Try joining a typica; golf club prior to 1970s as black or a Jew. You can still see this down south, how many black members does Augusta National Golf Club have?


On the issue of golf being a elitest WASP sport, how many blacks were famous golfers before Tiger? How many were WASP's? You are deep in a sand bunker on this one. 

Apr 13, 2007 5:30 am

[quote=AllREIT]

Try offering a golf outing at a Hadassah meeting and see how many takers you get.


[/quote]



Ummm…no thanks.  I’m a very tolerant and open minded
person(though some on this board might disagree), but you’ve reached my
limit on that one.  I’ll leave that niche market entirely to you!  Good luck with it!
Apr 13, 2007 5:33 am

[quote=AllREIT] 

There are alot of HNW people who’s background does not include golfing.

[/quote]



True.  A few of them are clients and I invite them to dinner at
the club and we often discuss how they are mystified at my love of such
a silly game.  You can have the rest…there is plenty to go
around!

Apr 13, 2007 5:17 pm

[quote=AllREIT] [quote=silouette]

Along that line (that reality is black and white), Allreit, I have to admire your logic. You did bring up a lot of true points. And the thing about owning sheep pasture is  .

 [/quote]

Seriously, before lawnmowers were invented, thats how you kept the fairways/lawns trimmed. Sheep nibble grass down to about 1in of the roots.

So in feudal times, golfing ment owning lots of sheep. Which meant you had lots of productive land that you could afford not to farm or rent out.

The cost of maintaining a moden high class golf course in terms of chemicals/labor/water is staggering.

Golf and golfing are relics a feudal past in which resources were used/reserved for a rural aristocratic elite in contrast to bourgeois mass entertainments like theatre and pubs.

There are alot of HNW people who's background does not include golfing.

[/quote]

Well, I enjoy your perspective. You are so logical, you give me insight into a whole style of thinking - reasonable, uh huh, yep, logical, okay, that adds up to ... no fun at the golf course  .

I think a lot of folks find themselves in a position, from time to time, where they get invited to play a round, or maybe just want to go to the covered driving range on a winter day and stretch a bit.

So if you offer a fun, low key lesson and lunch, like I do, you have a lot of fun and get to commune with the Ancient Tradition, poke fun at your own ego and so on.

I wouldn't mind having a few of those sheep to come around and mow my yard.

Apr 13, 2007 5:22 pm

By the way, Tiger completely blows the lid off the whole race and landed gentry logic. Many courses are publicly owned, very blue collar type of stuff - that is the beauty, the common person has access.

Funky and nice, golf does require total devotion. Just like some folks love symphony, others must sleep there or get up from their desks and move about the course in order to relax.

The farmer and the cow man should be friends.

Apr 13, 2007 7:01 pm

[quote=silouette

So if you offer a fun, low key lesson and lunch,
like I do, you have a lot of fun and get to commune with the Ancient
Tradition, poke fun at your own ego and so on.

I wouldn't mind having a few of those sheep to come around and mow my yard.

[/quote]

What I propose instead is; Mini-golf. Everyone likes that and you can have alot of fun with it.
Apr 13, 2007 7:08 pm

[quote=AllREIT]


On the issue of golf being a elitest WASP sport, how many blacks were famous golfers before Tiger? How many were WASP's? You are deep in a sand bunker on this one. 

[/quote]

You're living at least three decades back and still holding a grudge. Nurse it as long as you can.

Apr 13, 2007 10:02 pm

What I propose instead is; Mini-golf. Everyone likes that and you can have alot of fun with it.

 It should be required. The sheep could just roam around as moving targets, to keep it interesting. Al Gore would approve of the energy impact, since the dung can be recycled.

Apr 13, 2007 10:10 pm

[quote=silouette]

I wouldn’t mind having a few of those sheep to come around and mow my yard.

[/quote]

And good to have on those long dark lonely winter nights, as well.


(Sorry couldn’t resist…)
Apr 13, 2007 10:17 pm

Apr 13, 2007 10:49 pm

[quote=AllREIT] [quote=silouette

So if you offer a fun, low key lesson and lunch, like I do, you have a lot of fun and get to commune with the Ancient Tradition, poke fun at your own ego and so on.

I wouldn't mind having a few of those sheep to come around and mow my yard.

[/quote]

What I propose instead is; Mini-golf. Everyone likes that and you can have alot of fun with it.
[/quote]

That could probably work as well as anything else.

Apr 13, 2007 11:11 pm

[quote=joedabrkr] [quote=silouette]

I wouldn't mind having a few of those sheep to come around and mow my yard.

[/quote]

And good to have on those long dark lonely winter nights, as well.


(Sorry couldn't resist...)
[/quote]

 Bote raymember thay olde Scottish ademonishion:

" Eef yayh lie doyne weth sheep, yell rise up weth fleas."

Apr 13, 2007 11:14 pm

That could probably work as well as anything else.

Did you mean the sheep?

Apr 13, 2007 11:19 pm

[quote=silouette]

That could probably work as well as anything else.

Did you mean the sheep?

[/quote]

Only the pretty ones.

Apr 13, 2007 11:29 pm

 Don't see many pretty sheep out on the links these days.

Do you know anything about geese?

Apr 14, 2007 1:30 am

[quote=silouette]

 Don't see many pretty sheep out on the links these days.

Do you know anything about geese?

[/quote]

Seriously...your sh*t is pretty weak.

Apr 14, 2007 1:53 am

[quote=Bobby Hull][quote=silouette]

 Don't see many pretty sheep out on the links these days.

Do you know anything about geese?

[/quote]

Seriously...your sh*t is pretty weak.

[/quote]

I'll second that....
Apr 14, 2007 2:02 am

Let me put in a sacharrine, or a sheepish remark here if you will:  you boys play nice now; it's not nice, quit acting like billy goats.../gang up, bully and outnumber.

Apr 14, 2007 5:42 am

[quote=joedabrkr] [quote=Bobby Hull][quote=silouette]

 Don't see many pretty sheep out on the links these days.

Do you know anything about geese?

[/quote]

Seriously...your sh*t is pretty weak.

[/quote]

I'll second that....
[/quote]

 Awlright Joe, the hunnymoon is over, and you're runnin with Bobby.

You must get mean when you drink. Yer a** is grass.

Anyway, at least my sh*t don't stink - that's the signature of the herd.

( Boy, Bobby sure is clever at creatively flicking sh*t, blows me away.)