Just to remark that I have never met a teacher from Liverpool who did not lay claim to being the one who told John Lennon [only sometimes it was Paul McCartney] that the guitar was a nice hobby but with no financial future; I have also heard the remark attributed to John's Auntie Mimi...

A true piece of folklore. I wonder if anybody ever really said it; and if so, who; and to whom?

~Michael~