There are no permanent changes because change itself is permanent. It behooves the industrialist to research and the investor to be vigilant.

There are no permanent changes because change itself is permanent. It behooves the industrialist to research and the investor to be vigilant.

I'd like to make a toast to St. Andrews.

Discussions of the economy, especially during times of crisis, are often framed in terms of lessons we supposedly learned during the Depression of the 1930s. If we are not to endure terrible times like those again, we are told, we must support whatever form of state intervention is currently being peddled.

I've asked Rick Nichols at Nike to see what I can do to bridge the gap, to maybe put a 5-wood or 7-wood in the bag. But I have a problem with having to be able to flight the golf ball with those clubs.

You have the top-end players playing, which is great. It's nice to have a field like this to compete in. We always enjoy it, going against the best, and it's going to be a lot of fun.