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, also committed suicide.
However, in that same year, 1923, the P.G.A.Champion and the winner of the
most important golf tournament, the US Open, was Gene Sarazen. What became
of him?
He played golf until he was 92, died in 1999 at the age of 95. He was financially
secure at the time of his death.
The moral: Screw work. Play golf. You'll live longer and be better
off in the end.
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