Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
You'll ignore the signs
|
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. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
An infrastructure fund manager has three problems. First, raise the capital. Not easy. Second, deploy the capital. Also not easy. Because after telling LPs you have access to a wonderful infrastructure pipeline, eventually you need to buy something. Small detail. And third… Invest the capital in something that does not behave like what the fund promised to invest in. That is where careers become interesting. It’s not only about losing money. It’s walking into the Investment Committee and...
Auckland’s City Rail Link is finally open. Yes. Finally. After years of works. Road cones. Traffic disruption. Political fights. Budget headlines. People explaining why it should have been cheaper. People explaining why it should never have been built. People explaining why Auckland is not London, Madrid, Singapore, Tokyo, Sydney, Paris or any other city with trains. And of course… People explaining everything after the project is finished. My favourite type of infrastructure expert. But here...
Good morning, Silicon Valley has discovered project finance. Congratulations. Only took them a few trillion dollars. Clever guys… For years, the story was simple. AI will change everything. Data centres will be built everywhere. Power will somehow appear. Permits will somehow be granted. Communities will somehow be happy. Debt markets will somehow fund it. And if something goes wrong, someone will just raise another round. Beautiful. I love start-ups… And business plans written by people who...