The courage before your convictions

clock

"You may as well praise a man for not robbing a bank."

So said legendary golfer Bobby Jones in 1925 when he was lauded for calling a two-stroke penalty on himself at the climax of the US open, despite his infringement having gone unnoticed by anyone but himself. Jones went on to lose because of the penalty. This act of moral decency was echoed last week when English golfer Brian Davis also alerted officials to an unobserved infringement, losing the Heritage Classic in South Carolina into the bargain. Sadly, this was not the main story occupying the mainstream press last week. Apart from Cleggmania and the election, the news Goldman Sachs was...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Most investors say managers behind shy active ETFs 'mislead' the market

Most investors say managers behind shy active ETFs 'mislead' the market

2024 a record year for European ETFs

Patrick Brusnahan
clock 30 May 2025 • 1 min read
EquitiesFirst's James Mungovan: Time to let private credit fund public growth

EquitiesFirst's James Mungovan: Time to let private credit fund public growth

Escape from low-growth trap

James Mungovan
clock 28 May 2025 • 3 min read
Global Investment Management Summit: Speaker line-up includes City minister, Jeremy Hunt and FCA

Global Investment Management Summit: Speaker line-up includes City minister, Jeremy Hunt and FCA

Investing through complexity, accelerating future growth

Investment Week
clock 27 May 2025 • 2 min read
Trustpilot