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“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffet. OK, I see that some people got mixed up with the time zones… This is what happens when you travel around the world! Extension of one day more. One single day more. Not two, not five... just one. Buy it now, or miss it forever. I repeat. Forever. ​Invest better than 99% of people... including fund managers​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
There was already a port. The quays were there. The railway was there. The channel was there. The cranes were there. More or less. What was missing was cargo. In 2003, Mozambique handed the Port of Maputo to a public-private concessionaire. Yes… You know. PPP are not just roads and hospitals… It was a BOT model… where the B was probably more R of Rehabilitation. Well… At the time, the port was handling approximately 5 million tonnes per year. Last year, it handled around 32 million. Six times...
Final bid phase. BAFO. Best and Final Offer. Beautiful name, by the way. And my favourite thing ever… It’s not just that people show their faces under their masks… It sounds clean. Professional. Almost elegant. Like everyone is now putting their best offer on the table, shaking hands mentally, and preparing for a fair final comparison. Cute. Then a few smart guys decided to be very smart. Too smart. They started sneaking small changes into the agreement. Nothing dramatic. Nothing that looked...
Dakar–Diamniadio. A toll road. It reduced a journey of around 90 minutes to approximately 25. It opened on time. Within budget. Traffic exceeded expectations. And it became one of Africa’s best-known PPP case studies. So, naturally, “experts” looked at the contract. The financing. The risk allocation. The concessionaire. All important. But many were missing the secret sauce. Senegal spent around ten years preparing the project before the road opened. Ten years. Not ten PowerPoint...