Thursday, February 28, 2008

What can Tiger Woods teach us(amateurs) about investing?

Woods was a child prodigy who began to play golf at the age of two. In 1978, he putted against comedian Bob Hope in a television appearance on The Mike Douglas Show. At age three, Woods shot a 48 over nine holes at the Navy Golf Club in Cypress, California, and at age five, he appeared in Golf Digest and on ABC's That's Incredible.[16] In 1984 at the age of eight he won the 9–10 boys' event, the youngest age group available, at the Junior World Golf Championships.[17] Woods went on to win the Junior World Championships six times, including four consecutive wins from 1988 to 1991.[18][19][20][21][22] While attending Western High School in Anaheim, CA, at the age of 15, he became the youngest ever U.S. Junior Amateur Champion, was voted Southern California Amateur Player of the Year for the second consecutive year, and Golf Digest Junior Amateur Player of the Year 1991.[23] He successfully defended his title at the U.S. Junior Amateur Championship, becoming the first multiple winner, competed in his first PGA Tour event, the Nissan Los Angeles Open and was named Golf Digest Amateur Player of the Year, Golf World Player of the Year and Golfweek National Amateur of the Year in 1992.[24][25]

The following year, he won his third consecutive U.S. Junior Amateur Championship, and remains the event's youngest-ever and only multiple winner.[26] In 1994, Woods became the youngest ever winner of the U.S. Amateur Championship. He was a member of the American team at the 1994 Eisenhower Trophy World Amateur Golf Team Championships and 1995 Walker Cup.[27][28] Later that year, he enrolled at Stanford University, and won his first collegiate event, the William Tucker Invitational. He declared a major in Economics and was nicknamed "Urkel" by his college teammates.[29] In 1995, Woods defended his U.S. Amateur title, and was voted Pac-10 Player of the Year, NCAA First Team All-American, and Stanford's Male Freshman of the Year (an award that encompasses all sports).[30][31] He participated in his first PGA Tour major, The Masters, and tied for 41st as the only amateur to make the cut. At age 20 in 1996, Woods became the first golfer to win three consecutive U.S. Amateur titles and won the NCAA individual golf championship.[32] In winning the Silver Medal as leading amateur at The Open Championship, Woods tied the record for an amateur aggregate score of 281.[33] He left college after two years and turned professional.

Source : Wikipedia

Tiger Woods has inspired me a lot about Winning Psychology. He is no doubt a very talented player, however, he has put himself to win enough tournaments in Amateurs category before playing with the big boys. He said rallying to win three consecutive US Juniors and as many US Amateurs taught him the value of never-give-up attitude. This has helped to build mental toughness.

Sensations hit golf world when a very talented teenager Michelle Wie at 15 year old wanted to play men's professional events. She got what she asked but she suffered defeat after defeat, set back after set back, missing cut after cut and finally gave up. Luckily, those bad experiences did not damage her soul and spirit. She goes back to her LPGA circle - realizing one needs to crawl before walk, walk before run, run before fly and not in reverse sequence.

A word of caution to big boys, stay humble, over-confidence is the begining of reverse sequence.




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