Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Home / 413

Launch of the 'Wealth of Experience' podcast

Welcome to Season 1, Episode 1 of our new fortnightly podcast, Wealth of Experiencewith Peter Warnes.

Between the two of us, we have spent 99 years in financial markets. Peter started in stockbroking in 1968 and I started in banking in 1976. We considered the name '99 and Counting' for the podcast, but went with 'Wealth of Experience' as we hope to build your wealth through our experience. Our 99 years clearly differentiates us from the 'finfluencers' who have been around for five minutes. 

Peter is already well-known to many Firstlinks readers, as Head of Equities Research at Morningstar and Editor of Your Money Weekly. He originally joined Aspect Huntley as Head of Research in 1992 which was acquired by Morningstar in 2006, giving him 30 years in the Morningstar stable. He is widely quoted in the media for his stock calls and deep market analysis.

Peter and I will analyse, explain and have some fun talking about financial markets, stocks, products, trends and government policies. Each episode will cover highlights in both Firstlinks and Your Money Weekly, and in future we will invite guests from the market.  

The podcast is available via our dedicated website page, Google Podcasts, Apple Podcasts, Spotify, and BuzzSprout.

Please share with friends and colleagues, and a favourable rating would also help spread the word. We also welcome questions and suggestions for upcoming episodes at [email protected].

Grab a cuppa and settle in for our chat.

 

Graham Hand

Managing Editor, Firstlinks

 

  •   23 June 2021
  • 19
  •      
  •   
19 Comments
Peter
June 23, 2021

Graham

I enjoyed the podcast and found the 99 years of experience very valuable.

Cheers

Peter

Ravi
June 23, 2021

Hi Peter,

I enjoyed Graham’s and your podcast. Well done!

Regards,
Ravi

Michael
June 23, 2021

I've always found the 'combined experience' calculation a bit dubious. Does it have any legitimacy if it means that KFC staff combined have over 805 trillion years in cooking (or maybe food preparation service) experience?

John Mcintosh
June 23, 2021

My wife and I enjoyed your podcast and found the 99 years of experience very informative.
We are retired and have a SMSF and have an investment adviser with a national company that we are not happy with, there performance was mediocre at best.
Regards,
John.

Doug Wright
June 23, 2021

An excellent podcast. Looking forward to both your updates on a regular basis.
Regards,
Doug

Keith
June 23, 2021

Peter, Most enjoyed your podcast this morning with Graham Hand. I am with you re inflation it will hit all the millenial share traders who have never had to experience it in the past
Cheers Keith

Vic
June 23, 2021

Graham/Peter

Excellent podcast. There is no substitute for experience. Looking forward to the next one.

Cheers
Vic

Tony
June 24, 2021

Enjoyed your first episode. Looking forward to more.
One devoted to “asset allocation for the prudent SMSF trustee” would be well received.
Regards,
Tony

Live on
June 25, 2021

Loved it! 5 stars. As always with PW, down to earth, well informed advice.

An adviser with many grey hairs
June 26, 2021

Great podcast. At a time when older financial advisers are exiting the industry on mass, this is very timely. Looking forward to more of your productions.

Andy G
June 26, 2021

Nice work! Just FYI your definition of cap rate is close but not quite right. It’s actually the market rent of the property divided by the valuation. Not the passing rent (as was noted in the podcast).

Dieter
June 26, 2021

Thank you. Good return on investment of 29 min.
Dieter

Ken
June 27, 2021

Great podcast very well presented and extremely relevant to most investors.

Rod
June 27, 2021

Peter and Graham.

Excellent !

Regards, Rod.

robert worrrall
June 27, 2021

good work, interesting, clear

oliver
June 27, 2021

RSS feed address appears to be invalid
(https://feeds.buzzsprout.com/1803095.rss)

Graham Hand
June 27, 2021

Hi Oliver, it's on https://www.buzzsprout.com/1803095

Stephen
June 28, 2021

Very relevant and easy to understand .

Lloyd
June 28, 2021

Thank you, excellent insights, looking forward to the next edition.

 

Leave a Comment:

banner

Most viewed in recent weeks

Australian stocks will crush housing over the next decade, 2025 edition

Two years ago, I wrote an article suggesting that the odds favoured ASX shares easily outperforming residential property over the next decade. Here’s an update on where things stand today.

Australia's retirement system works brilliantly for some - but not all

The superannuation system has succeeded brilliantly at what it was designed to do: accumulate wealth during working lives. The next challenge is meeting members’ diverse needs in retirement. 

Get set for a bumpy 2026

At this time last year, I forecast that 2025 would likely be a positive year given strong economic prospects and disinflation. The outlook for this year is less clear cut and here is what investors should do.

Meg on SMSFs: First glimpse of revised Division 296 tax

Treasury has released draft legislation for a new version of the controversial $3 million super tax. It's a significant improvement on the original proposal but there are some stings in the tail.

The 3 biggest residential property myths

I am a professional real estate investor who hears a lot of opinions rather than facts from so-called experts on the topic of property. Here are the largest myths when it comes to Australia’s biggest asset class.

Property versus shares - a practical guide for investors

I’ve been comparing property and shares for decades and while both have their place, the differences are stark. When tax, costs, and liquidity are weighed, property looks less compelling than its reputation suggests.

Latest Updates

Investment strategies

Building a lazy ETF portfolio in 2026

What are the best ways to build a simple portfolio from scratch? I’ve addressed this issue before but think it’s worth revisiting given markets and the world have since changed, throwing up new challenges and things to consider.

Investment strategies

21 reasons we’re nearing the end of a secular bull market

Nearly all the indicators an investor would look for suggest that this secular bull market is approaching its end. My models forecast that the US is set for 0% annual returns over the next decade.

Property

13 million spare bedrooms: Rethinking Australia’s housing shortfall

We don’t have a housing shortage; we have housing misallocation. This explores why so many bedrooms go unused, what’s been tried before, and five things to unlock housing capacity – no new building required.

Investment strategies

Market entry – dip your toe or jump in all at once?

Lump sum investing usually wins, but it can hurt if markets fall. Using 50 years of Australian data, we reveal when staging your entry protects you, and when it drags on returns. 

Investment strategies

The US$21 trillion question: is AI an opportunity or excess?

It has been years since the US stock market has been so focused on a single driving theme, and AI is unquestionably that theme. This explores what it means for US and global markets in 2026.

Economy

US energy strategy holds lessons for Australia

The US has elevated energy to a national security priority, tying cheap, reliable power to economic strength, AI leadership, and sovereignty. This analyses the new framework and its implications for Australia.

Strategy

Venezuela’s democratic roots are deeper than Trump knows

Most people know Maduro was a dictator and Venezuela has oil. Few grasp the depth of suffering or the country’s democratic history - essential context as the US ousts Maduro and charts Venezuela’s future. 

Sponsors

Alliances

© 2026 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.