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How to own an island
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Monge Malo, the best seller in Spanish language told this story a few days ago. ​ In 1978, Richard Branson (founder of Virgin), to impress his then-girlfriend, pretended to be buying a deserted island. Yeah… just like that. Some vacuum the car, others pretend to buy an island… ​ The island’s price was $6 million. ​ Richard offered $100,000. ​ Just for the laughs and with the intention to have good company under the sheet. ​ The owner counter-offered at $180,000, and Richard ended up acquiring Necker Island. ​ Yeah… just like that. ​ Luck? Of course. ​ Luck always follows those who take action. Those who seek the experience above all else. And those who ask. Especially when the requests are crazy and bold. ​ Action is always better than complaining. ​ Start taking action. Click below. ​
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Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Eastern Europe. Late 2000s. If you are old enough, you can feel the context. A massive highways PPP. Toll road. Billions in capex. One of those “nation-building” projects politicians love to parade in front of TV cameras. You can smell now the country… Your consortia are seasoned. Anyone knowing how to pour asphalt on top of something lined up. Your lenders are aligned. Your traffic advisors have gone blind staring at stochastic models. Everyone is gearing up for a clean, competitive...
I buy houses, apartments and buildings from 20.000km distance. In Spain, Panama, New Zealand… and I can stay anywhere. Of course, I don’t recommend that for you. Some people want to push globalization too much. Having assets in London, NY, Madrid, Singapore, Sydney, etc. at the same time is not good for your health, nor your pocket. You miss specialization. You miss learning and knowing well a market. When bidding PPP projects, I have seen successful bidders doing so from the distance....
It happens a few weeks ago. “Tell me about Madrid and Spain, how do you do it? I heard a business case that Madrid has been able to deliver the cheapest tunnels in the world…” I did not know about that case, but my answer was simple: “Do you know how many TMBs had Madrid at the time?” Look. If you want cheap infrastructure, create a pipeline. Madrid had during more than 10 years between 7 and 8 TBMs (the machines to make tunnels in engineering slang). They are extremely costly. So, they...