Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

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 finest 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.

Friday, 15 July 2016

Pokemon (GOcaine)

I posted the below photo on Twitter on Thursday morning.

You can't see easily due to the way I cropped it in such an amateur fashion, but to the right there are at least another six dozen students sitting on the wall at South Bank ferry stop, utterly glued to their devices. 



And now an ABC News journo at 4.41pm today reports...erm...well...still the same thing, in exactly the same place...


Somewhat disturbingly, unless my eyes are playing tricks on me a number of these dudes look like the very same people. 

They haven't even moved in 36 hours! 

Nintendo games were all the age for a while 'when I was a lad' in high school too. 

Back then it was Super Mario Brothers in the dodgy Huddersfield arcades - 10 pence per play, mainly funded by school dinner money come to think of it .

But at least it was a social event, with what was known at that time as a "juke box" (Technotronic, Pump up the Jam, 1989), and people, like, spoke to each other and stuff. The odd fight, granted, but mostly a good laugh.

Strewth, being a student these days just looks plain boring. Get out there and do something, people!

Nintendo's share price started the week by booming again on Monday, up by 25 per cent to hit its upside daily limit. 

The market valuation of the company has doubled in a fortnight.