Wilbur Ross, "Risks and Returns"

The Faculty advisor at Yale to my fraternity was one of the senior officers of the Investment Portfolio management Yale as you probably know has had a very famous very successful portfolio management for years so he called me on April 1st and you'll see April 1st is a recurring theme in my life anyway he called me on April 1st and he said Wilber what are you going to do this summer and I said well Mr esle I'm suppose I'll go park cars again just like I've been doing and he said no I'm leaving the university I'm joining as a partner investment Boutique in New York and you're going to come with me as my clerk and you're going to learn something that could be useful to you in later life I thought wow but because it was April Fool's Day I thought maybe he was just teasing me so I waited a few minutes and I called him back and I said are you serious and he said yes he was and I did and this was a total contrast so here's my second real experience in Corporate America there was a firm called Buckner and Co Pete Buckner was one of the son-in-laws of Tom of Wilson who had founded IBM so he knew a lot of wealthy people people and was wealthy and he was also a very religious man and that was the one bad part about the job I was living out in still in northbergen New Jersey and you had to be in the office in Midtown Manhattan at 8:00 a.m. well so I had to leave the house at 6:30 to get there why 8:00 a.m. because that was when Mr Buckner would read a section from the Bible and then you would meditate on it for a minute or two and then you'd get on with talking about the days investment program so I went from a pretty corrupt atmosphere at the racetrack to an atmosphere that could not be more different