I was the education editor and a short time after that – because nobody wanted to work for Avon Books it was so tiny and looked like it was going out of business and it just had this one book that sold like crazy which I bought, and they made me the editor-in-chief of Avon Books. Well, it was a concours, it was a competition of zero, nobody else wanted this job, and I don't think anybody believed that Avon Books would be around a year later, but I took it. I remember asking, Alan Barnard, who had left before then, he said, Peter, I've got to leave and he took a job at Bantam Books. And I said, Alan, why are you leaving? You're a great editor-in-chief. And he said, listen, I've got two children and this company is headed nowhere and I've got to get out for my family.

So his job was open and I went out to where he lived, which curiously was very close to where my parents lived, and I said, Alan, you're gone, but I hope we're still friends and can you advise me should I take this job that they've offered me? Your old job! And we were on the Grand Central Parkway on a bit of greensward and with cars whizzing by us as I asked him this fateful decision about my career and he said, I would take it, nobody has ever heard of you, Peter, if you fail or if the company goes bust nobody will have heard of you either. You can start again, there's nothing to lose, and maybe you'll make a success of it, probably not, but take it – nobody's ever heard of you! And, indeed, nobody had ever heard of me and I took the job.

And I was mentioning yesterday if one is a success it is never one's own success at least not in publishing. I was very fortunate. I hired some wonderful young people to work with me, young people who probably couldn't have gotten the same jobs in larger companies. They were too inexperienced, but they were willing to take a chance and work for me or work with me at Avon Books. And they were they were people like Paula Diamond, who came from Farrar Straus and Bob Wyatt, who came from Doubleday Bookstore on 57^th Street and a man named George Ernsberger, who worked at the bookstore on the Upper West Side, as I recall and Judith Weber, who was a publicist at Bantam. I don't think any of them were much more than 30 and we were a great bunch – and Nancy Coffey I should have mentioned who I've forgotten where she came from maybe Coward McCann and there were others, Barbara Bertoli and so on, and we were a great team.