A Financial Lesson from Golf's Worst Collapse
Submitted by Moneywatch Advisors on March 29th, 2022In 1999, the French golfer Jean Van de Velde held a three-shot lead as he headed to the 72nd, and last hole, of the British Open. All he had to do to win arguably the most important golf tournament on the Continent was to score a double bogey or better – a 6 on a par 4. An almost insurmountable lead. Here is what happened:
