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My Golf Game And The Stock Market

November 16, 2012 | By Pete Girotto | 1 Comment

A couple of my favorite movies are Wall Street and Boiler Room. These movies have definitely played a role in influencing my interest in the stock market. Just to clarify though, my interests lie on the legal side of the trading business and NOT the illegal side as these movies might depict. That said, I figured I would get into penny stocks and try to day trade a bit. This should have been the first warning sign.

The small amounts of trading I did and the more I read into the hype and bashing on the message boards, the more I saw a parallel between my golf game and the stock market. There are factors that coexist within these two worlds and I could swear it’s the same mentality just a different outlet. No wonder I stink at both.

Starting things off with what just happens to be one of our biggest pet peeves – advice. Hey, all you Gordon Gekko and Hank Haney wanna be’s…keep it to yourself. I learned a while ago that opinions are like you know what – everyone has one. Same goes with advice. I should have known not to take a stock tip from the guy next to me at the bar.

Another factor is performance. Most of the stocks I’ve invested in and my golf game seem to follow the same trend. Once I buy in or once I step foot on the course there’s a general feeling of excitement. I think my penny stock will go through the roof and I’ll shoot an incredible round. Well, that all changes when reality sets in and everything goes down hill…quickly.

So much for rubbing elbows with Jim Cramer and Phil Mickelson.

Hit’em long…yell FORE!!!

Filed Under: Uncategorized Tagged With: Boiler Room, golf, Gordon Gekko, Hank Haney, Jim Cramer, phil mickelson, Stock market, wall street

A Little Golf Education.

September 7, 2012 | By Pete Girotto | Leave a Comment

We all know the importance of an education. It gives us the opportunity to advance in our careers. It gives us a foundation of knowledge to which we can expand. And as we also know, an education is not always something learned in the classroom. There’s hands-on or on-the job learning, street smarts, self taught and google.

Being in the learning/teaching spirit, I thought I would ask a few golf related questions to my non-golfing fiancé and test her for some basic golf knowledge. Here goes:

Q: What is the main objective of golf?
A: To get the little white ball in the hole…more so, an excuse to get out of doing stuff around the house. hmmmm

Q: Where was golf invented?
A: Scotland. I am impressed.

Q: Name three professional golfers.
A: Tiger Woods, that Mickelson guy and you. 
Q: Me? 
A: With the amount of years and time spent on the course you should be pro…ouch!

Q: What’s a birdie?
A: When you hit the ball in the hole under par and you and your buddies high five each other and jump around like idiots.

Q: Why don’t you play golf?
A: If I wanted to cart stuff around an be pissed for four or five hours I would clean the garage, which by the way isn’t going to clean itself.

Well, I think that concludes this Q & A session. I believe it was quite the learning experience. Her knowledge of golf is pretty good and my knowledge of what’s good for me is much clearer. We can always learn something from one another.

Hit’em long…yell FORE!!! 

Filed Under: Uncategorized Tagged With: birdie, education, golf, phil mickelson, Scotland, tiger woods

Do The Numbers Point To Steroids In Golf?

August 27, 2012 | By Chris Chirico | 1 Comment

Depo-Testosterone 200 mg per ml injection Testosterone cypionate

It’s sad that anytime a major league baseball player has a big year home-run wise, one thing pops into everyone’s mind – steroids.  But baseball has no one to blame but itself.  Looking back to 1996, when the ridiculous home run numbers began piling up, questions and accusations had already started flying.  When Brady Anderson hit 50 HR’s that year, almost a quarter of his career total, fans had their suspicions.  And the rest, as they say, is history.

In the history of major league baseball, there have been 42 individual 50 home run seasons. Two-dozen of them have come since 1995.  So, what?  Did major leaguers all of a sudden just miraculously get stronger over the course of one off-season?  Well, that’s what the offices of MLB would have liked you to believe.  Hell, they were still recovering from the strike of 1994.  Anything that could have been done to bring the fans back, they were going to let it happen…even if it meant mortgaging their future.  Then along came a little document known as the Mitchell Report.  And next thing you know, the thought processes of major league baseball fans was forever altered.

So how and why is this related to golf?  Well, one could loosely equate the spike in home runs in baseball to the 300-yard drive in golf.  Let’s compare a few numbers around the same time period.  Pre-1990, MLB saw a total of seventeen 50 HR season.  Now this dates back to the first organized game back in 1846, and the first 50 HR season being recorded by Babe Ruth in 1920.  In comparison, pre-1990, the PGA saw not one single golfer average more than 280-yards per drive.

Fast forward to the 90’s, a time when it’s widely believed (and somewhat proven) that the steroid era truly began.  After seventeen 50 HR seasons in 144 years, we see twelve in only one decade.  And one can argue there could have been several more if not for the strike in ’94.  Coincidentally, the PGA saw the number of players sporting a 280 yard average drive increase from zero to 29!  Further, John Daly became the first player to average over 300 yards per drive!

Moving on to the years 2000-2011, despite the crackdown on the steroid epidemic, baseball saw thirteen 50 HR seasons.  Moving over to the PGA Tour, as of 2011 there were 169 players averaging more than 280 yards per drive.  Remember, back as recently as 1990, there were none!  Furthermore, there are 21 players averaging over 300 yards per drive, and five averaging over 310 led by J.B. Holmes at more than 318 per!

Now, does this mean there’s a steroid epidemic on the PGA Tour?  Of course not.  Players are more focused on physical fitness.  There have been technological advances in the equipment used to play the game.  But, the same can be said for MLB and its players.  Players are hitting the weights more than they did in the past.  The days of the scrawny and scrappy second baseman are on their way out.  Baseballs wound tighter and bats made of harder woods such as maple are becoming more prevalent.  But one cannot deny that steroids played a major role in increasing those numbers as six of the sixteen different players to have a 50 HR season since 1990 have been linked to steroids and/or PEDs in one way or another.

Of course, golf is a gentlemen’s game.  It’s built on a code of honor.  So no one on the PGA Tour would ever consider using steroids.  If this is your particular school of thought, I’m sorry but…you’re a fool.  Golf is a sport played by human beings.  There is more money on the line from tournament purses, sponsorships and endorsement deals than ever before. These are all reasons that someone would be tempted to cheat the game…even a PGA golfer.  And if you don’t think a few other golfers other than Tiger, Phil and Furyk would like to be on Sports Illustrated’s Fortunate 50, you’re crazy.

All I’m saying is the increase in certain numbers, coupled with the steroid problems occurring in some other major sports, may constitute an investigation by the PGA itself.  Because if the PGA doesn’t handle something themselves, they may have a report of their own on their hands.

Swing ’til you’re happy!

Filed Under: The Pro Tours Tagged With: Brady Anderson, drugs, J.B. Holmes, Jim Furyk, John Daly, Mitchell Report, PEDs, PGA TOUR, phil mickelson, Steroids, tiger woods

Bubba Watson Plays With His Pink Shaft

April 13, 2012 | By Pete Girotto | Leave a Comment

800px-Bubba_Watson_at_the_2011_Presidents_Cup_1
Bubba playing with his pink shaft… (photo by Hone Morihana / CC BY 2.0)

…and if you shell out 4 Benjamins so can you. Well, not his pink shaft…you know what I mean, dammit! What is all the hoopla about Bubba’s pink club? Leave him be if he wants to express himself. What? Oh, it’s for charity. Well, that explains it. Boy, do I feel silly.

Seriously, if you haven’t been following or heard, Bubba Watson has started a charity project called Drive to a Million. It’s an effort to raise a million dollars for various charities. Along with his Drive to a Million campaign, Ping and Mr. Watson have also initiated Bubba Long In Pink. Driven By Ping. The deal is that PING will donate $300 for the first 300 drives Bubba launches over 300 yards in 2012 (obviously with his pink Ping driver) to his “Drive” campaign. Very cool! I’m liking the effort fellas.

Since we are discussing charities, I can’t forget to mention there are a bunch of other pro’s that are working hard to raise money and one great cause I personally like is Birdies For The Brave. As they put it:

Birdies for the Brave was originally created by TOUR player Phil Mickelson and his wife, Amy, to support troops injured during combat. For each birdie or eagle made by Phil throughout the season, a contribution of $100 for a birdie or $500 for an eagle is made to Homes For Our Troops and Special Operations Warrior Foundation.

Now, what the hell are you waiting for? Don’t be cheap and help out. It’s better to give then receive. Unless someone has a 1962 Ferrari 250 GTO they want to give me. I apologize, that was selfish of me. I would gladly take a ’63 or ’64.

Hit’em long…yell FORE!!! Get involved.

Related posts:
Who are your Golf Heros?
A Charitable Arm of Golf
Bunkers In Baghdad: Golf Helps Troops Cope

Filed Under: Golf Life Tagged With: birdies for the brave, Bubba Watson, charity, drive to a million, phil mickelson, Ping

I Might Actually Watch Golf Again…

March 2, 2012 | By Pete Girotto | 2 Comments

A couple weeks back I watched a three way playoff between Haas, Mickelson and Bradley for the Northern Trust Open. This is the first time I watched golf on purpose in a long, long time. And for the first time in a long, long time I was enjoying golf on TV. Fast forward a week or so later and Stinky Golfer Chris posted about the PGA needing their own Jeremy Lin. I agree.

In the meantime, as we wait for a new star to emerge, I’m watching golf to see who will take over the throne. It’s exciting times in the pro golf universe. With all that negative hoopla the media was giving golf because Tiger couldn’t keep it in his pants, it’s actually refreshing to see a clean slate and a top spot yet to be filled. It’s all about turning the negatives into positives, right?

So, who’s it going to be? Let’s take a look at the top 5 in the FedExCup standings.


Rank
This
Week
Rank
Last
Week
Player Events Points # of Wins # of Top 10’s Points behind Lead Reset Points
1 1 Kyle Stanley 6 935 1 2

2 2 Johnson Wagner 6 860 1 3 75
3 3 Phil Mickelson 5 807 1 2 128
4 6 Mark Wilson 6 802 1 2 133
5 4 Bill Haas 6 752 1 2 183

Isn’t this a change of pace? Kyle Stanley leading the pack. Wait…who? Kyle Stanley? Not so bad for someone that is ranked 48th in the world. What about the #1 ranked golfer in the world, Luke Donald. Again…who? Don’t get me wrong, I’m not knocking these guys. I find it funny how golf, or the media rather hasn’t found its star in this group of leaders.

What’s the issue? Are they waiting for Tiger to mount his comeback? Come on man! It’s time for new blood. There’s a whole pool of young guns worthy of the limelight. These guys have such a great opportunity right under their noses. As long as they battle it out and vie for that top spot, the tour will make my TV channel rotation on Sunday afternoons. I just hope it stays interesting for a while.

Hit’em long…yell FORE!!!

Filed Under: Uncategorized Tagged With: bill haas, FedEx Cup, golf, golf stinks, golfstinks, Jeremy Lin, keegan bradley, kyle stanley, Luke Donald, PGA, phil mickelson, tiger woods

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