What does Bilbo Baggins remember from his childhood about Gandalf?
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Gandalf is a wizard who appears in The Hobbit intermittently, though he has a more sustained presence in the first novel of the Lord of The Rings Trilogy. Gandalf is a friend of Bilbo's mother, Belladonna Took, and he contrives the gathering of Bilbo and the dwarves that initiates the adventure. He has plenty of wisdom, magical skills (usually fireworks) and useful contacts with individuals like Beorn and the Lord of the Eagles.
Bilbo has a memory of Gandalf setting fireworks and it does seem that his off-handed treatment of the wizard is pardonable.