In 1923, Who Was:

Posted on November 19, 2015

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. The Great Bear of Wall Street?

These men were considered some of the worlds 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. Charles Schwab, Died a pauper.
2. Edward Hopson, Went insane.
3. Richard Whitney, Was released from prison to die at home.
4. Arthur Cooger, Died abroad, penniless.
5. The Bank of International Settlement, Shot himself.
6. Cosabee Livermore, Also committed suicide

However!!!

In that same year, 1923, The PGA Champion and the winner of the most important golf tournament, the U.S. 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: Forget work. Play golf.

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