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It’s one of those images that were hidden. They remained unnoticed to me until two and a half years ago… when my child was born. Cigarette butts. You see them on the floor on every street, on every public square, on every children playground, in Spain. Despite signals. Despite campaigns by the government. Despite science. Despite basic education. Despite the ability to read the “smoking kills” of every package. People are attached to old habits despite they know they are bad. No matter what you try to persuade, they won’t change. They are doomed. They are condemned. The same happens in other aspects of life, not just that unhealthy habit. Getting attached to toxic couple. Getting attached to toxic jobs. Getting attached to poisonous pay checks. Never looking for a way out… That is evident many times. You have the signs. The information. The models. And still… you won’t use that way out. Don’t believe me? Here you are a sign. ​Even you can make money in real estate. ​ 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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As I was involved… I still look at it very closely. A multibillion-dollar bridge ready. Roads built. Border facilities prepared. And traffic still waiting. The opening of the Gordie Howe International Bridge between Canada and the United States had to be postponed while both governments resolved a series of outstanding issues. Not construction issues. Interface issues. Don’t blame Trump. It’s deeper than that. People consistently underestimate in major infrastructure: The asset is not...
As Robert Kiyosaki once said: “Opportunities repeat themselves because people repeat the same mistakes.” Markets change. People don’t. New projects. Same optimism. New investors. Same herd behaviour. New PPPs. Same bad risk allocation. New SPVs. Same surprise when operations become a monster. The great advisers are not the ones chasing the hot market. They are the ones studying the repeated mistakes. Once you recognise the pattern, you stop being another consultant with opinions. You become...
Some time ago I talked about a kind of message. One like this one: "It’s interesting what you say, I even read you every day, but I would never buy anything from you because I don't believe I can learn what you know without going through what you've been through." OMG… And then, you wonder why there are adults that cannot tie their shoes… or get any success in life. I'll tell you something crazy: knowledge can be recorded. And another: it can be transmitted. And the last one: whatever you...