Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email pete@allenwargent.com

Friday, 15 June 2012

UK austerity measures in full flow

  • One of the last bastions of quality journalism, The Daily Mail online, has reported here that "Thrifty" Kate Middleton has worn the same blue coat twice in two months. The recession must truly be biting!
  • It's not exactly Trigger from Only Fools and Horses, is it? (road-sweeper Trigger won an award for saving the council money: "I've maintained this broom for 20 years...17 new heads and 14 new handles"*).
It's certainly interesting to me that wearing an item of clothing twice can qualify one to be thrifty.

On this basis, I must be one of the thriftiest people ever to walk the earth - I still wear my charcoal grey hoodie that I bought in 2004!

Still, Katie is doing exactly 100% better than the brutal Romanian Communist dictator Nicolae 'Ciao-chez-coup' Ceacescu who famously burned his suits after one wearing, so paranoid was he that his enemies might poison his clothing.

And, perhaps more pertinently, Katie has not been put under trial by a military court for presiding over a dated regime accused of immoral gathering of obscene wealth...



*Trigger's broom theory is known in more intellectual circles as Theseus' paradoxPlutarch once asked whether a ship which was restored by replacing all its wooden parts remained the same ship. Trigger was funnier though.
***
Strong overnight performance for US stocks, the Dow surging up by 155 points or 1.24% amid reports that policy makers may move to take action of the European sovereign debt crisis.  Should be a reasonable enough finish to the week for the Aussie share market on the back of that (though we almost certainly won't get gains as pronounced as that).