"The ability of a big hedge fund to get several hours alone with a corporate executive on a golf course reveals the great information disparity that exists between ordinary investors and the savviest of traders."

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Matthew Goldstein gives people more reason to love golf, profiling golf-pro-to-the-hedge-fund-stars Sam Evans, who brokers rounds at elite courses for hedge funders and other corporate tycoons. Warning, this is mildly painful reading.
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"That would eat away at any benefit many buyers would see if they bought just part of the company."

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Besides the potential anti-trust question that reader Del noted in the comments on a possible Fortune Brands breakup leading to the sale of Acushnet, Fortune's Jessica Hall and Martinnne Geller pointed out a few weeks ago that a massive capital gains tax tab--excuse me, "tax leakage" problem--facing Fortune might prove a deal killer.
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"Golf can deliver new technology as fast as any other business sector."

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In John Paul Newport's column on Callaway and Lamborgini using the same material to sucker more rich guys into overpaying for some privileged cocktail party banter, Taylor Made CEO Mark King reiterates his assertion that there is plenty of room for manufacturers to innovate. Something to remember should the governing bodies decide to enact real regulation and CEO's (or golf writers) start howling about the lack of room to innovate within the current rules.
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I Guess This Rules Out Herb Kohler Buying A Ryder Cup For St. Andrews

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Thanks to the readers who sent in Rick Romell's story on Herb Kohler's "largely in the red" operation in St. Andrews, which likely ends any dreams we might have of him joining the bidding process for a future Ryder Cup. It also can't bode well for Hamilton Hall when another fixer-upper has been such a huge drain.
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