The
year is 1923......do you know who was:
1. President of the largest steel company?
2. President of the largest gas company?
3. President of the New York Stock Exchange
4. Greatest wheat speculator?
5. President of the Bank International Settlement?
6. Great Bear of Wall Street?
These men should have
been considered some of the world's most successful men. At
least, they found the secret to making money. Almost 80 years
later do we know what actually became of these men?
1. The president of the
largest steel company, Charles Schwab, died a pauper.
2. The president of the largest gas company, Edward Hopson,
went insane.
3. The president of the NYSE, Richard Whitney, was released
from prison to die at home.
4. The greatest wheat speculator, Arthur Cooger, died abroad,
penniless.
5. The president of the Bank of International Settlement,
shot himself.
6. The Great Bear of Wall Street, Cosabee Livermore, committed
suicide.
However, in that same year, 1923, the winner of the most important
golf championship, Gene Sarazan, won both the US Open and
PGA Championship. What became of him? Well, he played golf
until he was 92, died in 1999 at the age of 95, and was financially
secure at the time of his death.
CONCLUSION:
Stop worrying about business, the market and other crap and
start playing golf!