Course management is one of the most neglected aspects of a golfer's game.
Most players concentrate on hitting the ball well, but forget that the object of the game of golf is to score the lowest possible score you can, not to show off perfect shots. In other words, depending on the course and the hole you are about to play, it is sometimes safer (and wiser) to play for a bogey then trying to go for a one in a million shot. This ability to play the right shot at the right time is what makes a succesful golfer.
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