• The Scientist

    Life and Times of a permanently bemused British postdoc in exile.

    • As we see others

      Wednesday, 07 May 2008 - 01:12 GMT

      In Australia, chartered accountants (Number 1 in Numbers) have their own magazine. In an amazing display of creativity it is called Charter .

      I know this because there was a chap on the train this morning, reading a magazine that had a picture of a rather sad-looking bovine on the front. The cover story was titled A world of alternatives. For a moment I thought, maybe even hoped, that here was a story about mad cow disease, or antibiotics in milk, or growth hormones or GMOs or any of a thousand and three things that might have made me try to get a closer look.

      Nope. It was about defensive assets. As it says on the website (that I actually bothered googling it should be clear evidence of my dedication, or insanity (or both)),

      When sharemarkets are volatile, investors run to defensive assets. These days there are plenty of alternatives to the more traditional fixed interest and bonds.

      Cows as defensive assets? Hang on, this is thrill a minute stuff. Forget Star Wars , how about a “Ring of Beef” protecting our freedom? Sub-orbital Bovine Defence platforms, maybe? ICBMs (Inter-continental ballistic moo-ers)?

      But sadly, no. Scrolling down I read

      There are very good reasons for investing in agriculture. As the global population grows and wealth increases, demand for food is also on the rise, especially for premium products such as red meat, dairy products and grains such as wheat.

      Expect all chartered accountants of your acquaintance to be investing in defensive livestock. Bah. Can’t even get a decent steak out of it.

      Last updated: Wednesday, 07 May 2008 - 01:12 GMT

      • Comments

        • Date:
          Wednesday, 07 May 2008 - 09:04 GMT
          Henry Gee said:

          One evening a few years ago I was at a formal dinner. Finding myself seated next to a very pretty young woman, I naturally engaged her in conversation. “What do you do?” I asked (ever the original with chat-up lines, me). “I’m an accountant”, she replied. “But it’s crushingly tedious and dull, dull, DULL. I’m going to give it up and become an astrophysicist instead.” Pythonesque images flooded my mind. I last heard that she’s well on the way to being a lion tamer quantum cosmologist. But she still dabbles in the occasional double-entry book-keeping. Just to pay the bills, you know.

          But seriously, it puts a whole new meaning on how the world views scientists. Why aren’t people more conversant with accountancy science than they are, or should be, given that accountancy science is important to our well-being and livelihoods? Why does accountancy science seem so boring and inaccessible, with so many long, impenetrable words? Why don’t accountants scientists feature more often, and more realistically, in books and films? Because people would really rather read about lion tamers, that’s why.

        • Date:
          Wednesday, 07 May 2008 - 09:37 GMT
          Jennifer Rohn said:

          Henry, I’ve heard this whole ‘why lab lit and not accountancy lit’ thing before. There is no defense! Except to plug for everyone to be more aware of everything—which is surely no bad thing.

        • Date:
          Wednesday, 07 May 2008 - 09:40 GMT
          Henry Gee said:

          Jenny, you’re right, but Rihard’s post is still salutary. Whoever we are, we should occasionally ask the question “Why aren’t more people interested in [insert occupation here] when we’re so passionate about it?”

        • Date:
          Wednesday, 07 May 2008 - 10:01 GMT
          Richard Grant said:

          /me corrects Jenny’s lab-lit link…

        • Date:
          Wednesday, 07 May 2008 - 15:08 GMT
          Boris Cvek said:

          I consider an investment in BEER… :-)

          http://www.euromonitor.com/The_global_beer_market_a_world_of_two_halves


Search blogs

web feed Want a blog?

Submit this post to

Advertisement