Politicians and Journalists Least Trusted

By: Ian Campbell | Thu, Sep 20, 2012
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Why read: Because in the current turbulent economic times it may prove to be one of the most important things you need to think about - if you haven't already.

Commentary: The Telegraph on September 19 showed ten slides of what it reports to be the results of a survey of the 'ten least trusted professions'. I found it no great surprise that politicians were ranked as 'least trusted' at 7%, but did find it surprising that journalists were ranked as 'second least trusted', also at 7%. Teachers (at 69%) were the most trusted of the ten categories reported.

That said, from my perspective there are journalists, and then there are 'journalists'. I categorize, whether fairly or not, most journalists as 'reporters'. Simply put, I distinguish between journalists who are 'reporters', and journalists who are 'journalists'. In the areas of economic and resource reporting, that is because for me many 'journalists' seem not to have specific educational backgrounds or business experience to go beyond reporting facts and events, and hence 'report the news' but don't analyze and interpret those facts and events in the context of meaningful inter-relationships, analysis, and the evolution of those facts and events over past weeks and months.

Unfortunately, I think that more often than not many people take what they read and listen to as fact, without questioning or thinking very hard about what they read.

That said, in my view what:

As I see things, what unbiased commentators, analysts, and 'real journalists' do each day is apply their respective experience, business knowledge, and analytic skills to the events and facts they learn of.

That said if you take the time to read what unbiased commentators, analysts, and 'the best journalists' write:

The trick is to identify the writers one ought to pay close attention to.

Something to think about the next time you read your favorite newspaper or magazine, watch and listen to a talking head, or browse the internet.

Topical Reference: Ten least trusted professions, from The Telegraph, September 19, 2012 - reading time 2 minutes



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his www.BusinessTransitionSimplified.com website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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