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Davids and Goliaths by Kevin Gardiner and Victor Balfour, Rothschild & Co

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Foreword Some financial talking points can be time wasters. The quantity theory of money; the demographic timebomb; “Austrian” theories of interest rates; Tobin’s Q – and our obsession with market flows. Nobody knows exactly who is buying stocks and why. The market’s free float is large relative to the individual…

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