Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Wednesday, 12 November 2014

Blood Swept Lands and Seas of Red

Remembrance, 2014

London is a sensational paradox of a city.

The history of the city is at times beyond comprehension, while it has continually and quite dramatically evolved over the decades to be an exciting, cultural melting pot today.

It's also a very frustrating city. 

Expensive, crowded, intermittently freezing and then without warning almost ridiculously sticky and hot, with no air conditioning on the Tube, the ever-present strikes and transport delays and no beaches in summer for respite, although the parklands are grand.

And then, every so often, London does something quite brilliant, and all is forgiven again.

The poppy exhibition at the 11th century Tower of London has been once such event. I got in early to avoid the crowds...

Indeed, combining many of the best and worst aspects of London, the breathtaking Blood Swept Lands of Seas of Red installation has been so wildly popular with Londoners and great swathes of tourists that the public were urged not to visit during the busy half term time as Tube stations were unable to cope.

The 888.246 poppies, each representing a fallen Commonwealth soldier from the First World War, are to be auctioned off for £25 each, raising £11.2 million after costs for charitable causes.

Obviously, this post may be a day late if you are in Australia, since my clock is set to PMT, myself being in Britain this week.

They shall grow not old, as we that are left grow old;
Age shall not weary them, nor the years condemn.
At the going down of the sun and in the morning
We will remember them.
Lest We Forget


Remembrance has changed over the years, and rather than focusing only on the homegrown fallen from the Great War, this week is largely a time for reflection on conflicts in the world.

On a related theme, November 12 is also a public day of commemoration for my dear friends in East Timor (Timor-Leste), being the anniversary of the Santa Cruz cemetery massacre in Dili of November 12, 1991, undertaken during the 24 years of occupation from 1975-1999. 

The Santa Cruz massacre was one of the events during the occupation which sparked outrage when brought to international attention, culminating in a vote for independence in 1999 and the foundation of the independent nation of East Timor in 2002.