Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best 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, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Monday 8 March 2021

The good oil

Value catches a bid

Rumours of the death of value have been greatly exaggerated etc.


Oil is already trading back above $70 today, having flirted with $20 during last year's panic. 


The Energy ETF is up from a low of $23.57 to a tick over $53, having remained stuck at $28 as recently as November.


There will be some spectacular ongoing income streams over the long term for those who took the plunge last year, including one W. Buffett. 

Kelly investing in action.