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’None,’ he replied without further comment

William kissed histo miss hi trousers, his hair cut very short, carrying a small suitcase towards Roberts, the chauffeur He climbed into the back of the Rolls - Royce and it drove him away He didn’t look back His mother waved and waved, and later cried William wanted to cry too, but he knew his father would not have approved

The first thing that struck Williae about his new prep school was that the other boys did not care who he was The looks of ader there One older boy actually asked his name, and orse, when told, was not manifestly impressed Some even called him Bill which he soon corrected with the explanation that no one had ever referred to his father as Dick

William’s new domain was a small room ooden book - shelves, two tables, two chairs, two beds and a comfortably shabby leather settee The other chair, table and bed were occupied by a boy from New York called Matthew Lester, whose father was also in banking

William soon becaine used to the school routine Up at seven thirty, wash, breakfast in theroom, with the whole school - two hundred and twenty boys e After breakfast, chapel, three fifty - minute classes before lunch and two after it, followed by aa note in tune and he had even less desire to learn to play any musical instrument Football in the autu and tennis in the spring left him with very little free time As a mathematics scholar, William had special tutorials in the subject three tilan, Esquire, known to the boys as Gru his first year, Willia the top few boys in almost every subject, and in a class of his own in mathematics Only his new friend, Matthew Lester, was any real competition for him, and that was almost certainly because they shared the sa himself academically Williah his first investment in the market had proved disastrous, he did not abandon his belief that to ains on the stock market were essential He kept a wary eye on the Wall Street Journal, coe of twelve, started to experihost portfolio of investhost purchases and sales, the good and the notso - good in a newly acquired, different coloured ledger book, and coainst the rest of thelisted stocks, concentrating instead on the more obscure companies, some of which traded only over the counter, so that it was impossible to buy more than a few shares in thes frorowth rate, strong asset backing and a favourable trading outlook He found few shares which fulfilled all these rigorous criteria, but when he did, they almost invariably showed hiularly beating the Dow - Jones Index with his ghost investraain He started with one hundred dollars and never stopped refining his method He would always follow profits and cut losses Once a stock had doubled, he would sell half his holding but keep the re the stock he still held as a bonus

Some of his early finds, such as Eastman Kodak and IBM, went on to become national leaders He also backed the first mail order company, convinced it was a trend that would catch on

By the end of his first year he was advising half the school staff and some of the parents William Kane was happy at school

Anne Kane had been unhappy and lonely at home with Willia only of the two grande She was miserably conscious that she was past thirty, and that her sup the threads, severed by Richard’s death, with some of her old friends John and Milly Preston, Williaan inviting her to dinners and the theatre, always including an extrato make a match for Anne The Preston’s choice& were alh at Milly’s atte until one dayin January 1919, just after William had returned to school for the winter term, Anne was invited to yet another dinner for four Milly confessed she had never ht he had been at Harvard at the same time as John