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You know what you need to do… oh yes. But… You live in an outdated machine. Well… We live. ​ Nothing excites your taste buds like fat and sugar. Nothing. ​ ​ ​ ​ ​ Do you know what your buttocks love the most? ​ And your brain? ​ ​ ​ ​ You know that uncomfortable means growth. Talking to new people. Learning new things. Calling instead of sending an email or a WhatsApp. Having that conversation that you should have had long time ago but you are just deferring and deferring. And so on… ​ The alternative. Netflix and junk food. What I propose you. This. Growth and high return. ​Invest better than 99% of people... including fund managers​ From 140.600 CAD of the test portfolio to this... Over 200.000 now... ​ ​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. ​ ​ |
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Mega-projects don’t just overrun. They overrun lives. Ask South Africa. Medupi and Kusile were supposed to be the big solution. Two giant coal plants. Massive capex. Enough power to stop load-shedding and unlock growth. On paper? Glorious. In reality? A masterclass in how to blow up trust. Design issues. Rework. Delays measured in years, not months. Costs ballooning into the tens of billions of rand. Every extra year of delay? More load-shedding. More diesel. More businesses dying quietly....
Most governments treat their main airport like a toy.A prestige project.A political trophy.A place to cut ribbons and hire cousins. The perfect picture for LinkedIn. Egos don't get a better chance to shine. Bogotá did that for years.And the result was the "before" picture. Congested terminal.Old infrastructure.Chaos on peak days.And zero money to fix it properly. Then in 2007 they did something different.They gave El Dorado to people who actually had skin in the game... Crazy! A...
Most PPP programs don’t get into trouble because of corruption.Or bad engineers.Or lazy civil servants. Or big-mouthful politicians. They fail because people think risk is a philosophy. Not a number. And this has been a constant in my last PPP project in NZ. Everyone talked about risk. This is too risky, they said... but without numbers. You see... we ended with the highway operator not changing barriers because it was too risky... Anyway... another country that learnt about risk the hard way...