Arnie vs. Jack: Who Was the Better Investor?
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“I’d rather win one big tournament in my entire life than make the cut every week.”
Arnold Palmer (p. 163, “Maxims of Wall Street”)
I’ve played golf most of my life and have always enjoyed the sport once I stopped keeping score!
I especially remember the invitation I received from a member (and subscriber) to play at the famous Augusta National Golf Club, where they play the Masters. I can never forget when I sat in
President Dwight D. Eisenhower’s chair at dinner.
I just finished reading a fascinating story of one of the greatest rivalries in sports. Arnold Palmer and
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No institution lasts forever. They get too old, too big, too tired. Eventually, they outlive their usefulness and forget their original purpose. When that happens, the best thing you can do for them is pull the plug.
It’s time to pull the plug on the Republican Party. Because, let’s face it, the Republican Party we once knew – a credible political force that offered Americans a real alternative in the form of smaller government, lower taxes, and tighter fiscal policy – no longer exists.
Most readers of this column grew up, as I did, when Republicans were not the enemy. They were just friends and family we sometimes disagreed with. Take it from me. I’m a lifelong, yellow-dog Democrat, but my grandfather and father were both Republican mayors of our small town in Delaware. My brother David was the Republican energy adviser to the Republican Governor Pete DuPont of Delaware. I went on to become chief of staff to California Republican State Senator Peter Behr,