Tuesday, May 24, 2011

Stack & Tilt: Charlie Wi Takes a Second Place at The Colonial


Charlie Wi took a second place this weekend at the Crowne Plaza Invitational. He is arguably the best known golfer still using the Stack & Tilt (S&T) method. Peter Kostis has provided a fairly consistent analysis of his swing in the video above and below.



What's also interesting are Charlie Wi's stats: 286 yards driving distance, fourth in total putting and 15th in scrambling. What I take away from Charlie Wi's performance and approach to golf is that S&T would be a good foundation on which to build a great short game!

And, if you are having trouble hitting your driver with S&T or have been reading negative comments about the S&T driver swing, Peter Kostis provides an excellent analysis of how the S&T driver swing is executed in the second video above. As a bonus, there's a great description of how to use the left leg (the S&T "stand-up" move).

Friday, May 13, 2011

Tiger in the Woods


Tiger Woods withdrew yesterday from the Player's championship (here) after a first nine 42, the result of re-injuring his left knee. The video above is an analysis of the swing problems that are putting pressure on his knee. The analysis is from the Somax Performance Institute, the same people that analyzed Arnold Palmer's swing in a recent post (here).

In the video above, Palmer's swing is also compared favorably to Woods. The key problem for Tiger is that his spine angle gets more acute in the hitting area compared to address. The result is stress on the left knee and wild shots (Tiger in the Woods).

Tiger could get a Day at Somax for $2100. (chump change in his world). I would love to see him get his game back together!

What We Need Now: More Capitalism! Huh?



After the greatest financial crisis since the Great Depression, Joe Kernen (an anchor for CNBC) teams up with his daughter (Blake) in their book Your Teacher Said What?! Defending Our Kids from the Liberal Assault on Capitalism to claim that what we need is more Capitalism, specifically, more Capitalism taught to young children.

BASIC CAPITALISM 101
  • How to make campaign contributions without appearing to bribe politicians.
  • How to beg for tax breaks, special favors and reduced regulation.
  • How to break unions and prevent workers from organizing.
  • How to reduce wages, reduce benefits and eliminate retirement plans while at the same time boosting executive compensation and overall income inequality.
  • How to externalize costs of production (air pollution, hazardous waste dumping and carbon dioxide emissions).
  • How to globalize your business, exploit sweat shop working conditions in peripheral countries and evade US environmental regulations.
FINANCE CAPITALISM 201
  • How to make millions while skimming pennies off large volume transactions.
  • How to document a liar loan.
  • How to get a bailout from the Federal Government.
  • How to chose a sympathetic or incompetent regulator.
  • How to trade on insider information and avoid SEC scrutiny.
  • How to exploit uncertainty in commodity, currency and foreign stock markets.
Now Joe and his daughter do live in New Jersey which, I assume, must be on some other planet, somewhere! A couple of courses in American Capitalism might help.

Wednesday, April 27, 2011

Revisiting Arnold Palmer's Golf Swing


In some ways, history has been unkind to Arnold Palmer. He is remembered for blowing a seven shot lead at the 1966 U.S. Open and his early-career swing was often criticized as "far from pretty," "will never win any prizes for aesthetics or grace," and lacking in "style points". His swing today gets even more criticism for poor setup and excessive head movement (here).

Palmer himself has been very self-depricating about his golf swing. Some comments I have heard him make include "I didn't really understand the golf swing very well," "My iron play was a detriment to my golf," "I hit the ball too low," "I really didn't win that much," etc.

I have a few Palmer stories. In the 1960s, I saw him play an exhibition round (I think with Gary Player and George Bayer) at the Brown Deer Golf Club in Milwaukee, WI. What struck my high school golf team and me was Palmer's ball flight. His drives started off low and took off like an F-80 jet fighter plane. Palmer also gave an exhibition (probably during the same time period) at the Odana Hills Golf Club in Madison, WI. On the 16th hole, a rock was placed for many years where Palmer hit his drive well over 300-yards in the left rough. Although the course was not watered during this period, the hole does play into the prevailing winds and Palmer was using a wooden-headed driver and a wound balata ball! It brings to mind Palmer's 346-yard drive on the first hole of the final round in the 1960 U.S. Open at Cherry Hills.

Unfortunately, for my high school golf team and me, Palmer never wrote an instructional book. We were pretty much limited to learning what we could (which was a lot, especially about course strategy) from the Niklaus instruction books. The Niklaus swing, however, was not well suited for me (right now I agree with Zach Johnson, never hit a fade). Looking back on my golf career, copying Palmer would have been more appropriate.

The video, above, is really fun. It shows Palmer's early career swing (you can see Palmer's current swing here) with a lot of fun analysis including the launch of a five-stage rocket. The assertion in the video is that Palmer had the most efficient golf swing they have ever analyzed in slow motion.

A few things I can point out that are not part of current golf instruction except Stack & Tilt, Shawn Foley, the new Tiger Woods swing and a few others (here): (1) Head steady and centered, (2) right leg straightens on the backswing and left knee moves out toward the ball, (3) swing starts with the lower body (specifically, the left knee moving toward the target), and (4) the hands are the last swing component (stage 5 of the rocket launch) to move on the downswing. It's important to note that the swing is not a "hit" but rather a "move" starting with the lower body. If Palmer was really "hitting it hard" there would have been less leg movement and less shoulder turn. Palmer did hit it hard but it was a result of the complete move.

By the way, where did the current received wisdom about "moving your head 12 inches behind the ball" on the backswing come from? Certainly not from the swings of either Arnold Palmer, Jack Niklaus or any of that generation except possibly Trevino. And, more importantly, why is the lateral head movement superior or even necessary? Questions, questions, so many questions!

Let's also keep in mind that Arnold Palmer is still playing a lot of golf at Bay Hill, still loves to play and has had no major career golf injuries of which I'm aware. In a sport that generates a lot of back, wrist, shoulder and elbow injuries, Palmer's swing and physique definitely allowed for longevity.

Finally, let's not forget Arnold Palmer's record (here): Amateur Wins (26), Professional Wins (94), Masters (4), U.S. Open (1) and British Open (2).

Tuesday, April 26, 2011

Tracing The Effects of Fed Policy



This Wednesday, US Federal Reserve Chairman Ben Bernanke will hold the first-ever press conference after the two-day policy meeting of the FOMC and the release of the Fed's Q2 economic forecast. The FOMC meeting minutes discuss Fed open market operations (sales of securities and foreign currency operations). The intent of the open market operations is to influence interest rates, money supply and the value of the dollar. Ultimately, the Fed is charged with fostering price stability, promoting sustainable growth in output and employment.

Below is a simple directed graph you can use to follow and evaluate Fed Policy (the symbols in the graph are defined below).


Fed manipulation of interest rates is clearly designed to increase investment. An increase in investment will increase national income and increase employment. Increases in the money supply (access to credit) will, in addition to stimulating investment, also stimulate consumption (as long as banks are willing to lend).

A current controversy (here) involves whether the foreign currency operations are helping or hurting recovery. Since world commodities and the US stock market are denominated in dollars, decreases in the value of the dollar have contradictory effects, increasing exports and stock prices will decreasing consumption (increasing gas prices act like a consumption tax).

It will be an interesting press conference. The FOMC statement will be released at 12:30 pm ET Wednesday, market reaction will follow and the press conference will be held at 2:15 pm ET followed by the market close at 3 pm ET.

NOTE: The Fed economic projections are available in the html version of the FOMC Meeting notes (for example, see the Jan 25-26 2011 notes here and the summary of economic projections here). In the FOMC minutes, the Fed publishes projections for the change in real GDP, the unemployment rate, percentage changes for PCE inflation (the price index for personal consumption expenditures) and Core PCE inflation (the PCE excluding food and energy).

In the graphic, symbols are given conventional definitions: i = interest rate, M = money supply, I = investment, G = government expenditure, C = consumption, X = exports, IM = imports, Y = aggregate demand and L = employment.

Saturday, April 23, 2011

Using The Big Muscles and Getting The Hands Out of the Golf Swing



A correspondent from South Africa wrote that he had found Ross Duplessis (golf director at the University of New Mexico) a reliable source of golf instruction. Duplessis has a YouTube channel (here) and a blog (here). The video above seems to form the basis of his instruction which concentrates on getting the hands out of the golf swing and recruiting the large muscles (shoulders and hips) for power and control.

One problem I have (along with a lot of other amateurs) is casting (releasing the hands too early here). Duplessis has a particularly simple and clear explanation: push the hands forward at address, use the shoulders (one big muscle group) to move the club, hands and arms backwards maintaing the wrist angle. Unwind the hips (another big muscle group) to maintain the wrist angle through impact (the flying wedge). In the video above, he demonstrates with the 30 yard wedge shot--a great way to learn the concept and a great shot to have on the course.

Maintaining the flying wedge has been a particularly difficult concept for me to get. Part of my problem is that I do not set up with my hands pushed far enough forward as in the image above (from the Stack & Tilt Book). Another part of my problem is not using my shoulders to control the backswing.


What seemed to help a lot when I played today was to concentrate on letting my left knee flex several inches toward the ball as the right knee straightens on the backswing (from the Stack & Tilt Book p. 64) allowing my shoulders to control the backswing. To maintain the flying wedge, I also had to slow my swing down at the top (think "pause" and "smooth") to allow my hips to unwind and begin the downswing. For the next round, I'll have to work on hand position (pushing the wrists forward at address).

Today was particularly windy in the Midwest. Concentrating on these few points from Duplessis and Stack & Tilt helped me hit some quality shots.