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It's becoming tabu
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It’s a constant. When you talk freely about money you’re critized. And not just from Spain, the country that is a fiscal hell but the paradise of criticism and the prosecution of the rich, no… It’s everywhere. It’s becoming a kind of tabu. Look. The world is full of people who say, "money isn’t important". Good for them. But I think they don’t know what they’re saying. They just say it for the sake of saying it. It’s a cliché. If they stopped for a moment to think, they would realize that money matters to them more than they’re willing to admit. For money, they spend a large part of their lives doing things they deeply hate. So Spain is a poor country, or Spanish people poor in mindset. And it’s a pity, because some of the stories I tell in the book below, that money made through smart investing, are in Spain. And if you can make money there… trust me, you can everywhere.
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
They say infrastructure is about delivering outcomes. But spend five years discussing how to procure the people who might eventually deliver them. They say experience matters. Then appoint someone who's never delivered a project to tell those who have how to do it. They say risk should sit with the party best able to manage it. Then transfer everything to the contractor and act surprised when the price doubles. They say they want innovation. Then reject anything that wasn't done on the...
You probably know the story. An Arab billionaire sends his son to study in London. Naturally, he buys him a gold-plated Ferrari. A few weeks later, the son calls home. “Dad, I have a problem.” “What is it, son? Do you need more money?” “No, Dad. It's embarrassing. All my friends go to university by Underground. I'm the only idiot arriving in a gold Ferrari.” His father goes silent. Then replies: “My son, you should have told me earlier. I'm sending you £300 million immediately. Buy yourself...
Accidents aside because of lack of maintenance and incompetent managers and politicians, Spain has made great things in high-speed trains. Let’s go back in time to the good times. 1988 The country decided to build a high-speed railway between Madrid and Sevilla… or Seville. 470 kilometres. New infrastructure. New technology. A country with no previous high-speed rail experience, but willing to become a top guy. By April 1992, passengers were travelling at 250 km/h. About three and a half...