With apologies to Lao-tzu and his Tao Te Ching (the 2,500 year old Book of Wisdom)

 

by Rick Vogel

 

Golf is beyond words and beyond understanding. Words may be used to speak of it, but they cannot contain it.

 

Golf and its many manifestations arise from the same source -- subtle wonder within mysterious darkness. This is the beginning of all handicaps.

 

When golfers find one course beautiful, another consequently becomes ugly.  When one golfer is held up as good, another is judged deficient.

 

Golf is the hidden secret source of all life.  Good men recognize that golf provides for them and, therefore, they esteem it.  Bad men don't recognize this, but golf doesn't stop providing for them.

 

Similarly, golfers and non-golfers balance each other; difficult and easy lies define each other; long and short putts illustrate each other; high and low bunkers rest upon each other; swing and score meld into harmony; what is to come follows upon what has been...scratch golf!

 

The wise golfer sets an example by emptying the mind, opening the heart, relaxing ambitions, relinquishing desires, cultivating character and keeping head down.  There is no greater calamity than hook, no greater curse than slice.

 

The weak putt overcomes the strong.  The soft putt overcomes the hard. Everyone knows this, but none have the ability to practice it.  Golf is a whirling emptiness; yet, when played, it cannot be exhausted but can result in a gimmee.

 

Know the universe as your self, and you can golf absolutely anywhere in comfort.  Love the course as your self, and you'll be able to care for it properly.  This is the way of golf:  Do your work, replace your divots, then quietly step back.  If you compete with no one, no one can compete with you.

 

The perfect swing is formless form, un-seeable image, elusive, evasive unimaginable mystery.  Confront it, and you won't see "the shanks.”  Follow it, and you can't find a bogey.  Perceive its ancient subtle heart, and you become master of the game.  Know what came before time, and the beginning of a hole in one is yours.

 

A caddy is subtle, intuitive, penetrating, profound.  His depths are mysterious and unfathomable.  The best one can do is describe his appearance:  The caddy is alert as a person crossing a winter stream; as circumspect as a person with neighbors on all four sides; as respectful as a thoughtful guest...well, perhaps Steve Williams excepted.

 

The greatest virtue is to follow golf, and only golf.  You might say, "But golf is illusive!  Evasive!  Mysterious!  Dark!  How can one follow that?"  By following this:  Out of silent subtle mystery emerge birdies.  These birdies coalesce into eagles.  Within each eagle is contained the seed and essence of life.  Thus do all eagles emerge and expand out of darkness and emptiness.

 

Because its essence is real and evident in the origins of all things, the game of golf has survived since the beginning of time.

 

This is not the first visit by Asheville, NC’s Rick Vogel to these pages, but it is the first time he’s gone all metaphysical on us.  You might recall his treatise on golf ball hunting earlier this year, one of the most commented upon articles in the history of Golf Community Reviews (Rick swears the letters weren’t all written by his relatives).  Although he is not a golfer, Rick lives on a golf course in North Carolina where he is teaching his dog Goldie to hunt for golf balls and quote Confucius...or is it David Carradine?

        I am headed to The Manor golf resort in rural Virginia next week to watch a two-day college golf tournament hosted by Hampden-Sydney College.  Back in the heyday of planned community development, which is to say before the housing market became so overheated that it took only a few matches like Countrywide Financial’s greedy lending practices and Lehman Brothers’ bankruptcy to send everything into flames, The Manor seemed like a no-lose proposition to its developers and the banks that backed them.  Today, however, the story is too familiar:  Unable to sell enough property or to appeal to enough cash-strapped vacationers, the Manor's developers have gone bankrupt and those who remain -– bankers, other local investors, property owners, the young couple recruited just last year to open the upscale restaurant on site -- are left to sort things out.

        These disasters, though, spell opportunity for shrewd businesspeople whose deep pockets have survived the recession.  It is always instructive to remember that some people became rich -– or maybe the right term is “richer” –- during the Great Depression by

It is instructive to remember that even during the Great Depression, some people made money by buying properties on the cheap.

buying up properties at the deepest discounts.  There is always money to fill the vacuum when prices go low enough.  At the Federal Club community outside Richmond, VA, for example, a local millionaire has purchased the golf course and other amenities and the surrounding land for a little over $2 million, the total of what three homes on the property cost just three years ago.  Local news reports indicate he is more interested in burnishing the club’s operations than in making a big profit on the land; this may mean that local builders will step in, buy the lots on the cheap and build reasonably priced homes.  Anyone thinking of moving to the Richmond area might want to keep this in mind. (I am playing golf there in two weeks and hope to speak with the new owners.  I will report back here.)

        As we have reported in this space, John McConnell, a software millionaire, has taken a slightly different approach to the deep discounts in the market.  He has bought up six excellent private golf clubs in recent years in the Carolinas and transformed them into his own private “golf trail,” providing club members with a variety of golfing experiences for one membership fee.  All these clubs, especially Raleigh Country Club,

Consider calling the developer personally to cross-examine him about his financial backing.  In the current environment, he is likely to take your call.

have great “bones” with infrastructure like clubhouses and other amenities in place.  In some cases, like at The Reserve in Pawleys Island, adjacent homeowners could not be happier with McConnell and his deep pockets as the steward of the golf course they depend on to prop up their house values.  McConnell has shown zero interest in purchasing the properties adjacent to his courses, even if they were available, although his Musgrove Mill course in rural South Carolina offers some on-site lodges for members who visit.

        Rich investors are not the only ones who benefit from the tenuous nature of golf clubs.  Those of us who are ready to make the leap into a retirement living situation that involves golf will find that, with a little appetite for risk, we will pay prices for land and existing homes on golf courses that are dramatically lower than just a few years ago.  Risk, of course, is directly related to the perception of the community’s owner and his financial resources.  You can mitigate the risk by doing your homework, looking at the owner’s history and maybe even calling him or her personally (in this market, they are likely to take your call).  Or contact me, and I will call him.

        I will have more to say about financial security in golf communities in the September issue of our free newsletter, Home On The Course, which will be ready within the week.  Sign up by clicking the box at the top of this column.

MusgroveMillapproach

Musgrove Mill is one of six private golf clubs purchased in the last few years by Raleigh businessman John McConnell.