Note by 'Teenage Scribbler' Causes Sensation

A research note written by a 15-year-old, who was not born when former UK chancellor Nigel Lawson dismissed London analysts as “teenage scribblers”, has become the talk of middle-aged media executives and investors.

Morgan Stanley’s (MS) European media analysts asked Matthew Robson, one of the bank’s interns from a London school, to describe his friends’ media habits.

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