Terry Smith Straight Talking

A blog by Terry Smith CEO of Tullett Prebon.

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Recent Posts

  • What’s the point?
  • Can America Innovate Its Way Out Of Debt?
  • The NHS Squid
  • Why I disagree with Jeremy Warner
  • The Perfect Storm
  • Don't they get it yet?
  • Happy New Year
  • Houston, we have a spending problem
  • The US Fiscal Cliff
  • What would Abe do?

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About Terry Smith

 

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I grew up in East London where I attended Stratford Grammar School. I graduated with a first in History from University College Cardiff in 1974. I then worked for Barclays Bank from 1974 to 1983 and during this time I became an Associate of the Chartered Institute of Bankers and obtained an MBA at The Management College, Henley. 

I became a stockbroker with W Greenwell & Co in 1984 and was the top-rated bank analyst in London from 1984 to 1989. In 1990 I was appointed Head of UK Company Research at UBS Phillips & Drew, a position from which I was dismissed in 1992 following the publication of my best-selling book ‘Accounting for Growth’.

I joined Collins Stewart shortly thereafter, and became a director in 1996. In 2000, I became Chief Executive of Collins Stewart and led the management buy-out of that Company, which was floated on the London Stock Exchange five months later. In 2003, Collins Stewart acquired Tullett Liberty, and then in 2004 acquired Prebon Group, thereby creating the world’s second largest inter-dealer broker. Collins Stewart and Tullett Prebon were demerged in 2006. By the end of 2006 some £2 billion of shareholder value had been created by these companies. In 2010 I set up a new fund management business, Fundsmith.  Alongside Fundsmith, I am currently Chief Executive of Tullett Prebon. 

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I enjoy flying, sailing and shooting. I am an experienced fixed-wing and helicopter pilot, and am passionate about history. I also regularly take part in competitive cycling and enjoy boxing  and Muay Thai training.
 
 

 In the New Zealand 2012 New Years Honours List, I was appointed a Member of the New Zealand Order of Merit for services to New Zealand-United Kingdom relations following the success of a Campaign to commemorate New Zealander Air Marshal Sir Keith Park, of which I was Chairman.

It's apparent that some blogs are written by ghost writers and PR people, but I will be writing all the posts to this blog. I am supported by an editor who assists me in managing the blog and your comments.

From time to time, I will invite guest contributors to comment and post on particular subjects. In recent years, I have written many articles for national newspapers in the United Kingdom, some of which I included below as they give a taste of what you will see more of in this blog. 

 

 
Article Archives - Read more about Terry Smith

 

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I've just read

  • The National Debt and Federal Budget Deficit Deconstructed - Tony Robbins
  • Why do smart people still choose Keynes over Hayek?
  • The real reasons why UK is in trouble
  • James Delingpole's blog post on climate change
  • Youtube - Senator Marco Rubio
  • Douglas Carswell's Blog
  • Climate models go cold
  • There haven't been any net public spending cuts – but try to say so and you'll be howled down as a liar
  • Borrowers have had their time in the sun, this is the year of the Bank Rate rise
  • David Cameron's obsession with image and spin is failing the country
  • Firms paid to shut down wind farms when the wind is blowing

Regular reads

  • Counting Cats in Zanzibar
  • FT Columnist Lucy Kellaway
  • Guido Fawkes
  • Jeremy Warner at the Telegraph
  • John Gapper at the FT
  • Lobbydog
  • Loop
  • Norman Tebbit
  • Old Holborn
  • Richard Fletcher at the Telegraph
  • Socata TB Users Group
  • The Devil's Kitchen
  • The Financial Times
  • The Weekly
  • UKGA

Photo Albums

  • Bell 206B-3 JetRanger III aircraft
    Aviation and Flying
  • P1090772
    GPM10
  • Tullett Prebon Team London To Paris
    London to Paris 23/06/11-26/06/11
  • Defender of London at night
    Sir Keith Park Memorial Campaign
  • Terry_Smith_interior_t42
    Terry Smith
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