geldof issues a warning on australian property, page-8

Geldoff has made a lot of savvy investments, as a venture capitalist. He created a successful production company, which developed the TV series Survivor he sold the production company in 1999, but insisted on keeping full rights to the Survivor franchise. Created 2 online businesses which were sold pre-tech bust and has continued to grow his capital, without the need to take a commission from charities. He may not have a degree in economics, but has the ability to read trends as evidenced by keeping rights to Survivor series, as he read the big swing towards reality TV. So may be Bob's prognostications on Aus property market may be worth heeding.