In between caddying and managing money, Lynch went to Boston College on a scholarship from a program called the Francis Ouimet Fund. Named after the 1913 winner of the U.S. Open, the fund launched in 1949, which is open to Massachusetts kids only. Ouimet executive director Robert Donovan says, “Help with college is a logical extension of friendly relation between golfers and their favorite caddies, because there is a close tie to train up them to be excellent, which happens between the players and the kids who carry their golf poles. And for the teens, caddying is all about being around successful role models.”
It is obvious that caddies who are finally successful include all kinds of outstanding personnel, from actor Bill Murray, to New York Times columnist Thomas Friedman, to former GE chairman and CEO Jack Welch.
Of course, the great number of financial giants who caddied in their youth might be coincidence, but Dick Connolly thinks not. “Caddying life teaches you a lot about business, and about life,” he says. “You learn to show up early and look people in the eye when you shake their hand, and you learn how to read people—including who's likely to cheat and who isn't.” Connolly is a longtime investment advisor at Morgan Stanley's Boston office, a former Ouimet scholarship student and, along with Peter Lynch and Roger Altman, one of the program's biggest supporters. He wants to share the most important lesson he learned on the links, so he says, “One golfer I caddied for told me that if you want to succeed in any field—golf or business—you have to spend a lot of lonely hours, either practicing or working, when you'd rather be partying with your fi'lends. That's true, and it stuck with me.”
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