David Grant

Bulls, Bears and Elephants: A History of the New Zealand Stock Exchange

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Elephants, in times of excitement, charge in herds through the African bush uprooting acacia trees as they go. New Zealanders, in times of fiscal excitement, charge in herd to their local stockbroker.

This book traces the development of the business of stockbroking in New Zealand and the growth of the Stock Exchange as an institution. It provides gripping accounts of the stockbrokers' central roles in tumultuous episodes in New Zealand history, from the quartz mining booms in the late 1860s to the economic reforms and speculations of the 1980s.

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