The Winding Up Of Patinack
The rise and fall of Patinack has been spectacular if nothing else, but there are no winners unless you include the auction houses.
Nathan Tinkler thought he could buy success, however, it is not a saleable item, never has been, you simply have to earn it and that all takes time.
If Tinkler had advisers, or acted on his own, the enterprise was doomed at the beginning, it could never have possibly worked, there was no strategy behind it, nothing more than a wild pipe dream.
He wanted to walk before he crawled, not always a good recipe for success, disaster is generally lurking not far away, as was in this case.
Thoroughbred breeding can be a slow tedious process, much slower than most imagine, there are no short cuts and no guarantees for success, it is all in the unknown.