‘The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom.’

Robot AI

Isaac Asimov 1920 – 1992

Isaac Asimov was an American writer and professor of biochemistry at Boston University. During his lifetime, Asimov was considered one of the ‘Big Three’ science fiction writers, along with Arthur C. Clarke and Robert A. Heinlein.

My favourite book by Isaac Asimov is I, Robot. If you haven’t read it yet, go lift one off the shelf – it’s well worth a read.

‘Opportunity is missed by most people because it is dressed in overalls and looks like work.’

The electric light bulb

Thomas Edison – inventor 1847 – 1931

Thomas Edison was an American inventor and businessman. He developed many devices in areas such as electric power generation, mass communication, sound recording, and motion pictures. These inventions, which include the phonograph, the ‘motion picture camera’, and early versions of the electric ‘light bulb’.

During his working life he is reported to have held a world-record 1,093 patents

The electric light bulb is one of the most important inventions in human history. It has revolutionized the fields of lighting, communication, entertainment, and industry. The electric light bulb produces light by passing an electric current through a thin wire called a filament, which heats up and glows. The filament is enclosed in a glass bulb that is either vacuumed or filled with an inert gas to prevent it from burning out. The humble bulb has undergone many developments through time including the introduction of energy saving devices using LED’S, Light Emitting Diodes.

Joint invention

The electric light bulb was not invented by any one person, but by many inventors who contributed to its development over the years. Some of the earliest attempts to create electric light were made by Humphry Davy, Warren de la Rue, and Joseph Swan in the 19th century.

However, the most famous and successful individual inventor of the electric light bulb was Thomas Edison, who patented his version in 1879 and 1880. Edison experimented with different materials for the filament, such as carbon, platinum, and even bamboo, until he found one that could last for over 1,000 hours. He also improved the vacuum pump and the socket for the bulb. He demonstrated his invention to the public by lighting up his laboratory and the nearby streets in Menlo Park, New Jersey.

The electric light bulb
‘The electric light bulb invented over time with many contributors – the best known being Thomas Edison’.

World changing invention

The electric light bulb has changed the world in many ways. It has extended the hours of work and leisure, improved safety and health, enabled new forms of art and entertainment, and stimulated scientific and technological innovation. 

The electric light bulb is also a symbol of human creativity, curiosity, and progress.

If you want a good read – go find, ‘The Last Days of Night’ by Graham Moore. It’s brilliant!

‘Money can’t buy friends, but you can get a better class of enemy.’

Spike Milligan

Spike Milligan 1918 – 2002

Spike Milligan was a famous Irish comedian, writer, musician, poet, playwright and actor famously known for writing the hit radio programme, ‘The Goon Show’.

‘I told you I was ill’.

The inscription ‘I told you I was ill’ is the famous epitaph of Spike Milligan.

He died in 2002 at the age of 83. He had once joked that he wanted this phrase to be on his headstone, but the local diocese did not approve of it in English. So he had to write it in Gaelic, which is ‘Duirt me leat go raibh me breoite’.

‘We are stuck with technology when what we really want is just stuff that works’

Space travel

Douglas Adams, – 1952 – 2001

Douglas Adams – was an English author, humourist, and screenwriter, best known for The Hitchhiker’s Guide to the Galaxy.

The Hitchhikers guide to the Galaxy

The Hitchhikers guide to the Galaxy is a comedy science fiction franchise created by Douglas Adams. It started as a radio comedy on BBC Radio 4 in 1978, and then it was adapted to other formats, such as novels, stage shows, comic books, a TV series, a text adventure game, and a feature film.

The franchise follows the adventures of Arthur Dent, a human who escapes the destruction of Earth with his alien friend Ford Prefect, who is a writer for the electronic travel guide ‘The Hitchhiker’s Guide to the Galaxy’. 

Space travel
‘We are stuck with technology when what we really want is just stuff that works’.

Along the way, they meet other characters such as Zaphod Beeblebrox, the eccentric President of the Galaxy, Trillian, another human who was taken from Earth before its demolition, and Marvin, a depressed robot. The franchise is known for its humour, satire, absurdity, and references to various topics such as philosophy, physics, mathematics, and literature.

‘Here’s to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They’re not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can’t do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do’.

Steve Jobs

Steve Jobs 1955 – 2011, Inventor and visionary.

Co-founder, chairman, and CEO of Apple.

Steve Jobs was one of the most influential and visionary entrepreneurs of the 21st century. He was the co-founder, chairman, and CEO of Apple Inc., the company that revolutionized personal computing, music, mobile phones, tablets, and digital animation. He was also the founder and CEO of NeXT, a computer and software company that was acquired by Apple in 1997, and the majority shareholder of Pixar, a computer animation studio that was acquired by Disney in 2006.

Steve Jobs was born on February 24, 1955 in San Francisco, California. He was adopted by Paul and Clara Jobs, who raised him in Mountain View, California. Jobs attended Reed College in Portland, Oregon, but dropped out after one semester. He then travelled to India in 1974 to seek spiritual enlightenment and became a follower of Zen Buddhism.

Apple

In 1976, he co-founded Apple Computer with his friend Steve Wozniak in his parents’ garage. They created the Apple I and Apple II, which were among the first successful personal computers. In 1984, they launched the Macintosh, which introduced the graphical user interface and the mouse to the mass market. In 1985, Jobs left Apple after a power struggle with the board of directors.

NeXt

In 1986, he founded NeXT, which developed innovative computers and software for the education and business markets. NeXT also created the NeXTSTEP operating system, which was later used as the basis for Mac OS X and iOS. In 1997, Apple bought NeXT for $429 million and brought Jobs back as an interim CEO.

Watercolour image and likeness of Apple Lisa computer

iMac

In 1998, Jobs led the turnaround of Apple with the launch of the iMac, a sleek and colorful all-in-one computer. He then introduced a series of groundbreaking products that changed the world of technology and entertainment, such as the iPod (2001), iTunes (2003), iPhone (2007), iPad (2010), and iCloud (2011). He also oversaw the development of software platforms such as Mac OS X, iOS, iTunes Store, App Store, and Safari.

Pixar

In 1986, he also acquired Pixar from George Lucas for $10 million. Pixar became one of the most successful animation studios in history, producing hit films such as Toy Story (1995), Finding Nemo (2003), The Incredibles (2004), Ratatouille (2007), WALL-E (2008), Up (2009), and Inside Out (2015). In 2006, Disney bought Pixar for $7.4 billion and made Jobs its largest shareholder.

Stay hungry, stay foolish

Steve Jobs was known for his charisma, creativity, innovation, and perfectionism. He had a vision to make products that were not only functional but also beautiful and intuitive.

His passion to create experiences that enriched people’s lives and inspired them to think differently. He had a motto to ‘stay hungry, stay foolish’.

Steve Jobs died on October 5, 2011 at the age of 56 after a long battle with pancreatic cancer. He left behind a legacy that will continue to shape the world for generations to come.

‘Neither a borrower nor money lender be’.

Shakespeare quote

William Shakespeare 1564 – 1616

The phrase, ‘neither a borrower nor money lender be’ is a famous quote from William Shakespeare’s play, Hamlet, spoken by the character Polonius to his son Laertes. Polonius is giving his son some advice before he leaves for Paris, and he tells him not to lend or borrow money from anyone, because it can ruin friendships and lead to financial troubles.

Quote

‘Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry’.

The phrase means that we/you should be self-reliant and prudent with your money, and avoid getting into debt or lending money to others. It implies that borrowing and lending can cause resentment, dishonesty, and loss of trust between people. It also suggests that borrowing can make you lazy and wasteful, while lending can make you lose both the money and the friend. Thats’s true!

Relevant

The phrase is still relevant today, as many people face the challenges of managing their finances and dealing with debt. It is often used as a proverb or a piece of wisdom to warn people against the dangers of borrowing and lending money. However, some people may disagree with the phrase, and argue that borrowing and lending can be beneficial in some situations, such as when one needs to invest in education, business, or emergency needs. They may also point out that borrowing and lending can strengthen relationships if done with honesty, generosity, and gratitude.

‘Among any three people walking, I will find something to learn for sure’.

People and a sunset

This proverb is quote by Confucius

This proverb is attributed to Confucius, the founder of Confucianism. It means that we can learn from anyone, even those who are less knowledgeable or experienced than us.

Confucius was a Chinese philosopher who is traditionally considered the ‘most perfect’ of Chinese sages.

Watercolour of three people walking and talking on a beautiful beach

See other quotes

‘All animals are equal, but some animals are more equal than others’

George Orwell quote from Animal Farm, 'All animals are equal, but some animals are more equal than others'

George Orwell 1903 – 1950 

This is the famous quote in the novel Animal Farm where it suggests ‘we are all equal, but some are more equal than others’.

Animal Farm is a fable by George Orwell that criticizes the corruption of power and the dangers of totalitarianism.

It appears in the last chapter of the novel, when the pigs have changed the original commandment of ‘All animals are equal‘ to justify their tyranny and privilege over the other animals. It is an example of how the pigs use language to manipulate and deceive the other animals, and how they betray the ideals of the ‘revolution’ that Old Major inspired.

Draw your own conclusions and comaparisons to ‘human’ behaviour…

George Orwell quote from Animal Farm, 'All animals are equal, but some animals are more equal than others'
George Orwell quote from Animal Farm, ‘All animals are equal, but some animals are more equal than others’

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‘Before you become too entranced with gorgeous gadgets and mesmerizing video displays, let me remind you that information is not knowledge, knowledge is not wisdom, and wisdom is not foresight. Each grows out of the other, and we need them all.’

Arthur C. Clarke

Arthur C. Clarke 1917 – 2008

Arthur C. Clarke, in full Sir Arthur Charles Clarke, (born 1917, Minehead, Somerset, England – died 2008 ). English writer, notable for both his science fiction and his nonfiction. His best known works are the script he wrote with American film director Stanley Kubrick for 2001: A Space Odyssey (1968) and the novel of that film.

‘To live is the rarest thing in the world. Most people exist, that is all.’

Oscar Wilde

This quote, from Wilde’s essay, ‘The Soul of Man Under Socialism‘, suggests that most people do not live fully or authentically, but merely survive or conform to society’s expectations.

Are we restricted by society to conform? Do the rich conform less than the poor? Is it a foregone conclusion that the poor conform more?

Who’s voice is heard above the noise?

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Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.’

Einstein quote

Albert Einstein 1879 – 1955

Compound interest, an investors best friend

This is why? The concept is very simple.

Compound interest is simply interest added back to the original or principal sum and then more interest is earned or calculated on ‘that’ added interest over the next compounding period.

Like this…Year one…

Over a one year period: Take £1000 capital and add 5% interest (lucky if you can get it). That equals to £1050. That’s 1000 x 5% over 1 year = £1050.

Compound Interest
‘But Miss, you said we were learning about gravity and apples and things today.’ ‘No, it’s something far more important – today we are learning about … COMPOUND INTEREST!’

Now this is the best bit…

Take your £1050 from the first year (original capital plus interest). Now, in year two it goes like this…

Year two…

Take the new value £1050 capital add 5% interest again (but this time it is added to £1050 not just the original £1000).

That’s 1050 x 5% equals £1102.50 we’re compounding the interest on the £50 earned in the first year as well as the original capital.

In the third year…

It will be £1102.50 x 5% = £1157.63 and so on.

You can clearly see why it is important to take advantage of compound interest. Leaving your money in a savings account right now with such low interest rates isn’t a wise option. But when/if you can find a sensible interest rate COMPOUND interest will be your best friend.

Don’t just take my word for it. Compound interest is in very good company.

Albert Einstein said this about it…

‘Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.

He called it, ‘the greatest mathematical discovery of all time.’

Look at this table. It shows what £100,000.00 over 10 years will be worth if you add the interest back to the capital every year and compound it for 10 years.

Capital of £100,000.00 with 5% compound interest added over 10 year period     

Start      £100,000.00
Year 1    £105,000.00
Year 2   £110,250.00
Year 3   £115,762.50
Year 4   £121,550.63
Year 5   £127,628.16
Year 6   £134,009.56
Year 7   £140,710.04
Year 8   £147,745.54
Year 9   £155,132.82
Year 10 £162,889.46

Interest at 5% compounded over 10 years

Year 1   £5,000.00
Year 2   £5,250.00
Year 3   £5,512.50
Year 4   £5,788.13
Year 5   £6,077.53
Year 6   £6,381.41
Year 7   £6,700.48
Year 8   £7,035.50
Year 9   £7,387.28
Year 10 £7,756.64

Other types of interest are available – but compound is the best.

It’s time to compound your savings.

What are you waiting for… go do it now!