This relates to golf, I promise. But here's a little quiz for you…
In 1923, who was…
- President of the largest steel company?
- President of the largest gas company?
- President of the New York Stock Exchange?
- Greatest wheat speculator?
- President of the Bank of International Settlement?
- Great Bear of Wall Street?
These men were considered some of the worlds most successful of their days.
Now, 80 years later, the history book asks us, if we know what ultimately became of them.
- The president of the largest steel company: Charles Schwab, died a pauper.
- The president of the largest gas company: Edward Hopson, went insane.
- The president of the NYSE: Richard Whitney, was released from prison to die at home.
- The greatest wheat speculator: Arthur Cooger, died abroad, penniless.
- The president of the Bank of International Settlement: shot himself.
- The Great Bear of Wall Street: Cosabee Livermore, also committed suicide.
However, in that same year, 1923, the PGA Champion and the winner of the 1922 US Open and PGA Championship was Gene Sarazen. What became of him?
He played golf until he was 92, died in 1999 at the age of 97. He was financially secure at the time of his death.
The Moral: Screw work. Play golf.