Barb Haynes
cool fun for golfer love watching the game tried to play it when I was younger but could not get out of the habit of playing tennis, I am sorry I can not follow you on blog catalog but will do on your site
Recent PostsIf you have decided to take up golf as a hobby you will be rewarded with the benefits of fresh air, exercise, and the addition of many new friends and acquaintances. Like any project you approach in life your attitude and expectations will determine ...
Golf is a relaxing game, no hard power necessary but employing your muscle is a necessity. Stretching exercises will help you prepare for golf games as well. Like any game, Image via Wikipediaknowing the rules and having the right equipment will not ...
The Simple Golf Swing system has been created by David Nevogt, who’s a golfer himself. In his book he explains 5 steps that you can use to develop a consistent golf swing. The product is created for average and below average golfers to whom David g...
The key to accurate chipping is keeping the ball low so it runs like a putt when it hits the ground. Here’s a drill I use in my golf lessons designed to teach players to keep the ball low.Lay a club or bag horizontally across two baskets placed abo...
Whether you are just getting started with golf or you are a seasoned player just coming off their off-season, here are some fitness ideas to help you condition for the game of golf.The first thing you have to work on in golf fitness is your flexibili...
Talent and skill may not be enough to ensure victory in the game of golf. Sometimes, you will need the assistance of others and a few golf swing aids to improve your game.Image via WikipediaThe first golf swing aid is the weighted club. This instrume...
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Barb Haynescool fun for golfer love watching the game tried to play it when I was younger but could not get out of the habit of playing tennis, I am sorry I can not follow you on blog catalog but will do on your site
Steve SelengutInvesting and Golf: Tin Cup Lessons
Benjamin Graham was an economist, financial analyst, and professional value investor. He was one of the first to advise investors to look beyond the media hype and confusion to find undervalued stocks that would become part of a diversified portfolio.
Roy McAvoy is a fictional professional golfer (in the 1996 film "Tin Cup") whose pride, ego, and stubbornness combined to let the U. S. Open championship slip through his fingers.
Graham developed his skills and understanding of the financial markets into a discipline that, most expert investors would agree, helps to minimize the risks associated with investing. McAvoy recklessly ignored the risks associated with visible hazards while he allowed his internal environment to bring a defeat he clearly had the skills to avoid.
For an endless variety of reasons "tin cup" amateur investors bring on their own demise by failing to minimize risks using well known basic techniques that are thoroughly documented and supported by sand traps full of statistical evidence. They hit driver with every selection--- it's the only club in their bag.
Institutional plus-handicappers defied the investment gods by developing derivative monstrosities. They now resemble depression era "tin cuppers", sitting crumpled by the curb, looking for government handouts to remove the snowmen from their investment product scorecards.
Some of the mightiest institutions have fallen because they disrespected the BING (Basic INvestment Guidelines). The investment gods are ticked.
In amateur golf, most of us are aware of the basic elements of the game and are all too familiar with our own personal, and seemingly unsolvable, shortcomings.
I invariably take all but the shortest irons back too far. My biggest head problem is the focus destroying "ageda" of the rude group behind us either hitting to close or impatiently taking practice swings just fifty yards back--- thinking that they are speeding up play in the process.
Knowing better, my course management often falls prey to McAvoyian exercises in futility--- the weekend's silly attempt at a Mickelson full swing flop shot over a palmetto guarded sand trap, for example, when a simple chip to the clear side of the green was so much more doable for a Sunday-15 handicapper.
Given a choice between safe and risky, I seem to choose risky every time--- but only on the golf course! I've not learned that a clear and calm bogey-every-hole objective produces far more pars (and fewer "others") than a par-every-hole goal that makes each second shot a masochistic head shaker.
I just don't play enough to master the safe approach--- something I've grown used to in investing because I do it every day. Knowing our own limitations should make things easier. Yeah, it should.
Investing is not as easy to master as many non-professionals seem to think--- and as even more commissioned professionals would like them to think. It is likely that most golfers fail to break 100 ninety percent of the time. Equity investors eventually lose money on their selections most of the time--- and mostly because they forget to take profits. Now there's a double-bogey off a perfect drive!
The most difficult aspects of golf and investing are similar: planning an asset allocation and investment course management, minimizing risk of loss with higher quality securities and taking hazards out of play by selecting the proper club, trajectory, or landing area, etc.
Managing your emotions during the post-birdie tee-shot or in the throes of a triple-bogey is a microcosm of the emotional control needed to ride the roller coaster produced by market, interest rate, and economic cycles.
Similarly, mastering the short game (where the most shots are wasted in chunks, skulls, and three-putts) is every bit as bottom-line relevant as fine tuning a trading strategy that operates realistically and profitably along side the short-term gyrations of the markets.
The parallels between golf and investing are many--- risk management is just the most obvious. Fore!
Steve Selengut
PGA Village Golf Outing - Seminar October 2009
Search - Kiawah Golf Investment Seminars
Author of: "The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read", and "A Millionaire's Secret Investment Strategy"
Lena KhalidI like golfing. This is great blog to learn to reduce my strokes. Keep it up and please do add more tutorials and videos
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cool fun for golfer love watching the game tried to play it when I was younger but could not get out of the habit of playing tennis, I am sorry I can not follow you on blog catalog but will do on your site
Posted: September 4th, 2009 | More Reviews From tibchar12 | Report This Comment