Perspective on What’s Important in Life

Note: Snopes says there is some truth, some falsehoods to this as one could have well assumed without any investigation. And with the original author supposedly coming from around 1948, it’s hard to tell exactly what his or her motives were. And cherry picking rich people that didn’t end up so well could easily have been changed to cherry pick the ones that did. Be all that as it may, I still subscribe to the moral: play golf. However, if you are not a golfer, replace that with tennis, kayaking, fishing, surfing, or whatever activity it is from which you derive pleasure from your spare time.

The Questions:

In 1923, 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 of International Settlement?
6. Great Bear of Wall Street?

These men were considered some of the world’s most successful of their days. Now, 80 years later, the history book asks us, if we know what ultimately became of them.

The Answers:

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.


In that same year, 1923, the PGA 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.


~ by yougottobekidding on October 8, 2012.

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