What it discusses
It talks about how Mr. Ridgemount worked his way through college as a golf caddy. Presumably, the work ethic he developed from this eventually led him to build Surfer's Paradise Ridgemount Resort and start the Ridgemount Resorts hotel chain.
- Ty and George were already familiar with the Golf Caddy Speech while Mr. Ridgemount was giving it to their sister, meaning each of them has done something bad in the past.
- In George's case, it was probably for setting the boathouse on fire. It's unknown what Ty did to receive the speech.