Kootenay BizBlog » by Keith Powell
Business developments in the Kootenays…
Golf or die broke!
This comforting thought comes from the friendly folks at Rossland’s Redstone Resort!
In 1923…
- Charles Schwab was president of the world's largest steel company—he died a pauper.
- Edward Hopson was president of the largest gas company—he went insane.
- Arthur Cooger was the greatest wheat speculator—he died abroad, penniless.
- Richard Whitney was president of NYSE—he was released from prison to die at home.
- Cosabee Livermore was president of one of the largest banks—he shot himself.
- In that same year, 1923, Gene Sarazen won most of the important golf championships, including both the US Open and PGA Championship. He played golf until he was 92 and died in 1999 at the age of 95, and was financially solvent at his death.
Conclusion: Stop worrying about business and start playing more golf!
From Your Friends at Redstone Resort.
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Keith Powell is the publisher and founder of Kootenay Business magazine which is part of the Koocanusa Publications family. He has written a regular sales and marketing column, called Ad Talk, in Kootenay Business magazine for over 20 years. He also writes a daily business blog about business developments in the Kootenays. He is a director of Kootenay Rockies Tourism.
E-mail Keith if you have a business story idea.