Monday, August 4, 2008

Callaways Has a Way to Improve Golf Participation

George Fellows, head man over at Callaway, was on CNBC's Fast Money show just a few minutes ago. He was talking about the quarter for the company, which was apparently pretty ok. I wouldn't touch a golf stock with my own money, though. Anyway, he was grilled by the panel about how Callaway can return money to shareholders by building wealth and growth.

Fellows' answer? He thinks that getting golf into the Olympics will grow the game. Really. He said it. On live television.

How, then, would one explain the dynamic growth of the game in Asia Minor, India, China, Korea, and other developing countries?

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