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#1

The author's father was a very conservative investor, and he chose to invest in Cities Service because he thought it was a water utility. When he took a trip to New York and discovered it was an oil company, he sold immediately.

#2

The author caddied throughout high school and into Boston College, where the Francis Ouimet Caddy Scholarship helped pay the bills. In college, he avoided science, math, and accounting—all the normal preparations for business. He was on the arts side of school, and along with the usual history, psychology, and political science, he also studied metaphysics, epistemology, logic, religion, and the philosophy of the ancient Greeks.

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