“Dalton is one of the most selective private schools in Manhattan, in part because it knows the answer to an important question: What do hedge-funders want? They want what no one else has. At Dalton, that means an “archaeologist in residence,” a teaching kitchen, a rooftop greenhouse, and a theater proscenium lovingly restored after it was “destroyed by a previous renovation.” ... “The seventh grader says Macbeth is weird,” my department chair told me once. “The 12th grader says Macbeth is ambitious.” Once students could make discernments like that, it was time for college.”