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Tiger Woods and the Billion DOllar Pension
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<blockquote data-quote="shtove" data-source="post: 142010"><p>Poor old Tiger. Compared to investment banking and other ridiculously high earning careers, he's actually earning honestly from what people are genuinely willing to pay him. And he is by far the outstanding player in a field where equipment and accessories sales dwarf other sports. There is nobody to compare to him in, say, soccer; and then think of how much more a golf supporter forks out per annum than a soccer supporter. Golf generates massive turnover, and he is its king and emperor.</p><p></p><p>Then Tiger invests his money - - and in the end the investment pays out. With that kind of return, he'll probably give a lot to charity rather than to the taxman. It's the American way.</p></blockquote><p></p>
[QUOTE="shtove, post: 142010"] Poor old Tiger. Compared to investment banking and other ridiculously high earning careers, he's actually earning honestly from what people are genuinely willing to pay him. And he is by far the outstanding player in a field where equipment and accessories sales dwarf other sports. There is nobody to compare to him in, say, soccer; and then think of how much more a golf supporter forks out per annum than a soccer supporter. Golf generates massive turnover, and he is its king and emperor. Then Tiger invests his money - - and in the end the investment pays out. With that kind of return, he'll probably give a lot to charity rather than to the taxman. It's the American way. [/QUOTE]
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