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Jul 01, 2014 | 08:39 AM

St. Andrews On Sale

Your chance to own a golf course in St. Andrews—two of them, in fact—is here, assuming you have about $60 million you don’t know what to do with. The Fairmont St Andrews Hotel and its two championship courses, perched idyllically on a cliff just three miles from town, are on the block. The 520-acre property with stunning views of the town and St. Andrews Bay includes the Kittocks and Torrance golf courses, a 209-room luxury hotel, and a state-of-the-art spa where Prince William trained for his water polo matches while at the university. There’s also planning permission in place for the construction of 79 homes. Fairmont has even agreed to manage the hotel until 2031. For more info, check out the Fairmont website. Act now and you can host a few hundreds of your closest friends when the Open Championships returns to St. Andrews next year.

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Jun 30, 2014 | 10:48 AM

All Work And No Play?

If you’re hoping to climb to the top of the corporate ladder, a professor at the Wharton School of Business has a recommendation: Don’t play golf! You heard that right. Writing on the website of Psychology Today, Adam Grant, a Ph.D. in organizational psychology and a “leading expert on success, work motivation, and helping and giving behaviors,” lists six “perks of celebrity life” that he says are bad for new CEOs. Among them: using the corporate jet for personal use, buying a mansion, winning awards, writing books, and serving on other companies' boards. But his number-one admonition is “Don’t play golf.” After admitting that good golfers make more money as CEOs, he goes on “the time they spend on the golf course hurts their companies,” quoting a study that found that as chief executives, “golfers perform worse than non-golfers and [corporate] performance decreases with golfing ability.” He also recommends turning down invitations to tee it up with “important people.” And here we thought one of the main reasons for becoming a CEO was to play golf.

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Jun 27, 2014 | 12:02 PM

'Seve' Opens

Opening at a theater today not near you is the life story of Severiano Ballesteros (only those in the UK and Ireland will find it at their multiplex). The film combines reenactments of a young Seve with archive footage of the real, adult Seve, who passed away three years ago of a brain tumor. One of the investors in the film is defending Wimbledon champ Andy Murray. "I normally try to invest in something that interests me a little bit," Murray yesterday at Wimbledon. "I watched a lot of golf when I was younger and I know my dad was a massive Ballesteros fan. He loved watching him. He used to talk about him a lot when we were growing up. I get asked about a number of investment opportunities but this was something to me that made sense. I love sport, I used to play a lot of golf and he was a pretty amazing guy. We went to watch the tournament in Gleneagles quite a few times which was just down the road from our house."

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Jun 27, 2014 | 06:52 AM

Putting The “P” In PGA

One unique aspect of the PGA Championship—to be held August 7-10 at Valhalla GC in Louisville, Kentucky—is the presence in the field of club pros who belong to the host PGA of America. Twenty pros qualified at the PGA Professional National Championship, played earlier this week at The Dunes Golf and Beach Club and Grande Dunes Resort Club in Myrtle Beach, S.C. The winner was Michael Block (above), from Arroyo Trabuco GC in Mission Viejo, Calif., who topped Jamie Broce of Ottawa Hills, Ohio, on the second hole of a sudden-death playoff. They’ll both be at Valhalla, along with:

  • Rob Corcoran, Melbourne, Fla.
  • Stuart Deane, Arlington, Tex.
  • Frank Esposito, Jr., Monroe Township, N.J.
  • Ryan Helminen, Mehasha, Wisc.
  • David Hronek, North Port, Fla.
  • Johan Kok, Brentwood, Tenn.
  • Aaron Krueger, Norwalk, Iowa
  • Jim McGovern, Oradell, N.J.
  • David McNabb, Newark, Del.
  • Brian Norman, The Colony, Tex.
  • Rod Perry, Port Orange, Fla.
  • Matt Pesta, Wixom, Mich.
  • Steve Schneiter, Sandy, Utah
  • Jerry Smith, Scottsdale, Ariz.
  • Bob Sowards, Dublin, Ohio
  • David Tentis, Woodbury, Minn.
  • Dustin Volk, Layton, Utah
  • Eric Williamson, Shoal Creek, Ala.

Video highlights of the final day’s play, including the playoff, are available on the website of the PGA of America, along with more information on the tournament and the players. Good luck, guys!

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