Ian Thomson

I receive Van Tharp’s newsletter “Tharps Thoughts” and I just had to share something from the latest edition with you …

Tom Watson, Golf and Me
by
Van K. Tharp, Ph.D.

It was Saturday evening, and I had tears in my eyes as I explained to my wife what was going on in the world of golf. Tom Watson, a man two months shy of 60, was leading the British Open after three rounds. It didn’t matter that Tiger Woods had missed his first cut in a major, losing the opportunity to win major number 15. Tom Watson, at nearly 60 years of age, was about to win major number nine. A miracle was about to happen. My wife and niece didn’t seem to get the enormity of the situation. I couldn’t express it to them, or if I did they were not interested enough to watch the drama of the final round.

In golf the collective belief is that when you reach the age of 40, you are very unlikely to be competitive anymore. Somehow you don’t have the strength or the mental tools to play consistent top golf. When Jack Nicklaus won the Masters at age 47, I thought it was one of the greatest golf feats ever. In addition, Julius Boros won the U.S. open at age 48, although that was probably a little too early for me to be aware of.

Read the rest of the article here

Thanks Van for such a great article!

For all you traders … Ed Seykota’s trading rules … set to music!!!

This amusing video was originally shown on Saturday Night Live. It has a good message in there too.

I hope you enjoy it! Let me know what you think.

Many thanks to Melissa Meers for showing me this.

And the news from America:

If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left. With Fannie Mae, you would have $2.50 left of the original $1,000. With AIG, you would have less than $15 left.

But, if you had purchased $1,000 worth of beer one year ago, drank all of the beer, then turned in the cans for the aluminum recycling refund, you would have $50 cash.

Based on the above, the best current investment advice is to drink a lot of beer - and recycle (Hic! - Ed.)

Many thanks to Andrew Blunden from Part Time Professionals for this investment “advice” Check out his website for ways to source the most experienced CFO, executive and corporate accounting talent, in the most cost-effective way.