logo

Adam who?

Posted on March 14, 2007 by Richard Beddard
Filed Under Ramblings |

A new take, on some old news. Edward Elgar is being retired from the £20 note and Adam Smith, the father of economics, is replacing him. According to City A.M. today, 77% of City workers had not heard of Adam Smith. The newspaper didn’t report how many had heard of Edward Elgar.

The Adam Smith Institute is delighted. I understand 99% of its members know of him, but would they be able to pick him out in an identity parade?

£20 note with Adam Smith £20 note with Edward Elgar

Category: Ramblings

Comments

2 Responses to “Adam who?”

  1. Anthony Bruno on March 20th, 2007 2:20 pm

    Comment about “Three Questions”,
    Mr. Fisher’s book may focus on the nuts/bolts
    of the financial world, but it has a deeper message who us….to THINK!

    Too often we absorb what we are told, not taking
    the time to put our brain in gear to think through
    information for accurate information.

    Upon reading his book a picture came to mind,
    the one of Thomas Watson, the founder of
    IBM. In this black/white photo an old Mr. Watson sits behind his desk, in an smiling
    manner. Centered on the wall behind him,
    was the IBM ‘motto’, “THINK”.

    Each of us to remember to do so, as it is the advantage we have when fighting against
    dishonest representation.

    Regards,
    Anthony Bruno
    Cary, NC

  2. Richard Beddard on March 21st, 2007 7:02 pm

    Absolutely agree with you Anthony - that’s the main message of the book. Ken’s a top down investor and might not use many of his techniques, but I’ve always done my own thinking when it comes to investing and it was very useful being reminded the importance of that.

    Here’s an interview with Ken Fisher: http://blog.iii.co.uk/?p=76

    I’m meeting him again next week, and will be posting more insights in due course.

Leave a Reply