Lessons from the game of golf help explain why the stock market went in the tank.
Please indulge me while I tell you of my proudest moment on the golf course. I promise not to bore you bragging of great shots or a low round. Quite the contrary, it concerns a lousy shot that may have cost me a tournament match.
My drive sliced right and headed perilously close to a wooded area marked by white out-of-bounds stakes — an all-too-familiar occurrence with my game. So I hit a provisional ball that ended up where it belonged in the fairway, except it would represent my third shot. My opponent and two other playing partners all hit their drives to the left, so I trudged alone toward the woods to locate my first ball.