The song I was taught when I was little was:
Mare's eat Oats
and Does eat Oats
and Little Lambs eat ivy,
A kid will eat ivy too
wouldn't you?
This is what I would always sing, thinking the words:
Marsey Dotes and Dosey Dotes
and little lamsey divey
A kiddley divey doo
Wouldn't you?
I could never understand what it meant but never really questioned it, until I became much older and met up with someone who thought the same thing. After talking about it we came to the conclusion "Oh! So those are the words!"
A childhood belief about misheard lyrics

others believed things like this
- I used to believe that the duo Hall & Oats were farmers. Why else would they name themselves "Haulin' Oats"?— Pat
- I thought Hall and Oates was Holland Oats.Anon
- I used to believe that the man on the moon was the Quaker Oats man!— Kristen
- When I first heard the words "flea market", I actually thought it meant "selling fleas".Anon
- When I was little I thought grown ups could fly but wouldn't tell me about it or teach me until I got older.— James the Great
- I used to believe that the priest was God because everytime a child cried, he wouldn't be talking.Anon