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Money Makers: The Stock Market Secrets of Britain's Top Professional Investment Managers by Jonathan Davis

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8. Jim Slater: To ground zero and back

To meet Jim Slater now, exuding as he does the easy charm and confidence of the seriously affluent, it is not difficult to imagine that he was once the most talked about stock market operator of his day. More difficult to recall is that the same man was also the most famous single casualty of the great stock market crash of the 1970s. It is now nearly 40 years since Slater left the City, a self-confessed ‘minus millionaire’, his financial empire Slater Walker close to collapse and his onetime reputation as a ‘Midas of the financial world’ sorely tarnished. His fall seemed to many to mark the end of a particularly flamboyant chapter in the history of the financial markets.

The months that followed were ...

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