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>Smith liked the merchants and retailers who 
>demonstrated prudence, self-reliance and attention to details, but not the 
>"big picture" types who imagined a new future, etc. 
 
The way I remember it is that Smith separated the two, projector and 
adventurer, according to how well the venture turned out.  It was an ex 
post perspective that fit in well with his prodigal and frugal types. 
 
Surely Smith would say that Gates, today, after tremendous success, is a 
positive contributor.  But what I've wonder is what Smith would say in 1977 
about Bill Gates? 
 
Like Larry, I'm curious about what others think . . . 
 
Humberto Barreto 
 
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