mmmm,
now don't hold my feet to the fire as to the totally accurate accounting of the costs of the 5 or so Trump golf course properties that are among those mentioned in the article, but I'm "guessing" that the total cost of about 5 of his golf properties runs north of a 120 million $$$! Is that fair? Probably not even the accountants know for sure...
Now, if I were going to go partners with the Donald in that enterprise with the express desire that he produce a significant # of his courses to be of a high quality that they would be regarded as consensus rater rankings of top 100, I'd feel like I got screwed. If I were going to pony up what they say are the membership fees and yearly costs, and I were in that dumbest of the wealthy, I'd also want the course to be regarded in the top 100 of rater rankings, and actually be all that on their merits.
Not that I give a tiny tooot if the Donald finds said suckers by influencing said raters, intimidates or overwhelms said writers and golf association officials, or just totally P.T Barnums everyone.
I'd rather invest with Keiser who has a much higher batting average of producing top ranked courses, with what I'm pretty sure is way less $$$. And, he seems to also be able to charge what the market will bare based on the public's acceptance of their high quality. At least Keiser's are all open to whoever wants to plunk the $$$ down purely as a willing public consumer and his success is based on ongoing and repeat acceptance of the quality of the product.
I think the Donald hooks his members on the joning hype and then holds them hostage to their own impulsive egotistical expenditure, and fools them into thinking they are discriminating connoisuers by conning them into thinking what is prettified is beautiful and 'greatest'.
The question in my mind is; will the wealthy and conned keep coming forward and continue to gravitate to the overly marketed Trump (tm), or will they tire and bail out as further time proves them not so top 100y. If so, what happens to the Donald properties? Do they waste in asset value like so many overhyped and overreached golf course projects before?
Mike, I'm not saying MikeC, Redanman, or Mark C are dumb for liking the New Jersey course. Apparently Mike Donald liked it second best. I don't remember the jest of the article as to whether only Westchester or also Bedminister are holding in the top 100. I'd only think they were dumb if they ponied up that kind of money for a membership on the premise that it was a bullet-proof top 100 and as time went by, it slipped precipitously because it might have been a bit 'oversold' to the powers that be in the begining.
Then again, I picked Ottawa all year...