ClubCorp Rebranding As "Invited" With IPO Plans

The average golfer is just about as competent to construct a golf course out of a rough tract of real estate as he is to plan an expensive house and build it, and the same may be said of the average golf professional. The same class of man is needed to build a course as is needed to build a clubhouse, except that he must be more imaginative with infinitely less written lore to guide him. DEVEREUX EMMET