Peter Everest

Scottish. Investor and adviser. Enjoyer of wine and whisky. Goes for the odd run, lifts a bit of weight and plays a bit of poker. All views my own

[Peter Everest @PeterEverest83]

Fuel poverty could affect over seven million people in the U.K. this year given sky-high gas prices. Impacts on health, education and welfare for countless families and their children, with repercussions that will be felt for years. A short thread (1/10)

[Peter Everest @PeterEverest83]

@i_Arturo £2,034 for 6 a quite a bit higher! What are your thoughts Arthur?

[Peter Everest @PeterEverest83]

@NickLovesSpain Wrong time zone and temperature

[Peter Everest @PeterEverest83]

@Manners15 How was it? Have a few bottles of the ‘96 lined up for a dinner in August.

[Peter Everest @PeterEverest83]

@i_Arturo Arthur - always find your posts and thoughts on en primeur releases insightful. Thank you.

Separately, I cannot fathom why people don’t drink more Sauternes (or Vin de Constance for that matter), but I’m happy to buy more if they don’t want it! It’s a steal for the quality.

[Peter Everest @PeterEverest83]

@elonmusk This works only if there is no cost to the stopping of the tram. If there is a cost, you’d want to know it was worth it, otherwise it’s just a pause at your expense.

[Peter Everest @PeterEverest83]

@chriswinedoctor Thanks Chris - excellent review. I was lucky enough to try the 2016 Latour at a dinner at Berry’s a few months ago. It is remarkable but such a long way from reaching its best. Good things come to those that wait!

[Peter Everest @PeterEverest83]

What an utter treat! @berrybrosrudd

[Peter Everest @PeterEverest83]

@lebonvinfr A Sangiovese by Bibi Graetz? Testamatta?

[Peter Everest @PeterEverest83]

@fergustp @London_FCA @Politax3 That appears to be in effect a closely-held REIT. Whats the justification for conferring that status? Most people pay 45% tax on distributions from companies that have already paid corporation tax (if the distribution is in the £m).

[Peter Everest @PeterEverest83]

@London_FCA @Politax3 I had understood that the Duchies of Cornwall and Lancaster pay no capital gains or corporation tax under a special tax status. The King and Prince William do pay 45% income tax on money received from the Duchy estates, but that’s separate.

[Peter Everest @PeterEverest83]

@pberard I had a terrific dinner with the wonderful Pierre Lurton in March. 2001 is his favourite modern vintage of Yquem. Fortunately I have a case of 12 half bottles waiting for me! Glad you enjoyed.

[Peter Everest @PeterEverest83]

@TheBrutalNature “Yeah, but you should see the other guy”

[Peter Everest @PeterEverest83]

@MoutonIsAClaret £30k? What did he say?

[Peter Everest @PeterEverest83]

@AllenKessler What security / covenant do you get for the deferred payments? Whats risk they’re not around to pay out at some point in that time?

[Peter Everest @PeterEverest83]

@premnsikka @OwenJones84 CGT at same level as income tax makes some sense, but only if there is an indexation allowance, so it’s only a real terms tax. Otherwise investors could be taxed on nominal profit and so lose money on long-term investment. Why would you invest in the U.K. if so?

[Peter Everest @PeterEverest83]

Charges for trades and dividend reinvestment take a smaller and smaller toll as the portfolio gets bigger as well. £/$100k means, say 10 stocks at average of £/$10,000; fixed trading / platform costs on those size of stakes start to become less meaningful than on smaller holdings.

[Peter Everest @PeterEverest83]

@Masterofwhine It’s that kind of winner’s mentality that will take you to the top Kate!

[Peter Everest @PeterEverest83]

@MeatOneVegBlog You thinks good and then they land the cheese board on you. Smash it!

[Peter Everest @PeterEverest83]

@TheSecretAcct Divorce, illness, unemployment, changes of circumstance; many reasons why someone once comfortably off and able to afford more than 2 children starts to struggle. Should the child face poverty as a result?