One episode from Grant's youth, though, demonstrated a lack of business knowledge that would plague his ventures for the rest of his life. Grant wanted to buy a colt from a neighbor. His father allowed Grant to bargain with the neighbor, so Grant approached the colt's owner and said, "Papa says I may offer you twenty dollars for the colt, but if you won't take that, I am to offer twenty-two and a half, and if you won't take that, I am to give you twenty-five." Not surprisingly, Grant paid the full price for the colt. Whatever else Grant may have become in his life, he should never have entered the business world. Luckily, Grant did find a good outlet for his energy at West Point, which he entered at seventeen. A bureaucratic mistake changed his name to Ulysses S. Grant–something Grant never bothered to correct, as he had had never liked the initials H.U.G. very
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