Kravis and Roberts first cousins; Kravis’ mother and Roberts’ father were siblings. Both learned the energy business from their fathers. Roberts’ father was an oil broker in Houston who took his son to business meetings; Kravis’ father was a petroleum engineer in Tulsa. The Kravis and Roberts families spent summers and holidays together, and the future lions of Wall Street swear they haven’t had an argument since they were 8 years old.1 The last one involved who would get to ride Kravis’ new bicycle first. [Barron’s]
1. Obviously when one pictures an 8 year-old Henry Kravis one pictures Kravis’s current face/head on a child’s body.↩
Has he said “No, I got this” when the time came to compensate the fellow who inked the words “Buy Low Sell High Never Die” in an old-timey font down the left side of your neck and “Mama’s Boy” down the right? Has he paid for the oil changes on your Harley? Has he helped you shop for the most luxurious of cat beds, as well as a set of duchess satin pillowcases to go with, for Mr. Whiskerson, and then winked at you and said “It’s on me” at the register? If you answered no to any of the above, you might want to fire your broker and get in touch with George Carris, who knows how to treat his clients right. Read more »
“I save a small fortune in taxi and subway fares—plus untold hours sitting in traffic or on a subway platform—by riding my bike everywhere in Manhattan,” Whitney Tilson told the Journal, which estimates you can save “at least $4,000 a year,” in addition to what you spend on the gym, using Tilson’s chosen mode of transport. “Plus, it’s great exercise!” [WSJ]
It’s not just doctors and scientists that need STEM education. America’s shifting economy is demanding more trained workers in many different sectors. See how Travis Brooks got the hands-on education he needed to become a technician at the Chevron Pascagoula Refinery. Visit The Atlantic to learn more.