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WORLDVIEW: Rothschild reality β timely reminder of an investment chestnut
Nathan Rothschild turned almost certain disaster into a profit by holding his head when others lost theirs.
By Alec Hogg
In June last year it was two hundred years since the Battle of Waterloo, a bloody affair that ended the career of Napoleon Bonaparte, France's greatest warrior. The battle changed European history, introduced a verb into the English language β and spawned the 1974 song that launched super group Abba. It also generated a financial myth that lives on.
Former South African Finance Minister Trevor Manuel
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