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Would you play a game where you have 99% chances of losing? Before you answer, listen. Or read… sometimes I forget that this is an email… Well… read or listen. It’s impossible to make an adult to change their mind. Impossible, at least in one conversation, demonstration or else. In fact, the more you try, the more convince that “adult” is on their position. It’s that simple. And if not impossible, let’s say that this won’t happen 99% of the time. Well… People are still playing that game. Over and over. Over and over. Every single day. No wonder why they could be called losers. Still, people argue. People get angry with one another. People lose their friendships. What a waste. And very importantly remember this. Remember it very well. Repeat it every day. People prefer to be right than knowing the truth. I do my things. I let others argue, enter into arguments… I just go with MY flow. I do small investments, some other quite big. Since I don’t argue, I live happier and wealthier, and I go faster. A lot of this is expressed in my philosophy about how approach real estate. If you want to know more… here you can get some clarity. ​Is this piece of real estate a good investment​ 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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I say this to governments and agencies. Over and over. The problem is not finding investors with ideas. There are plenty. Funds. Developers. Contractors. Advisers. People with Power Points under the arm. The issue is distinguishing a serious, feasible infrastructure proposal from something that simply looks impressive. Because most bad projects do not arrive looking bad. They arrive with: A large economic impact. Strong demand forecasts. World-class infrastructure. Private capital. No cost to...
Australia’s Millennium Drought had been going on for years. Melbourne was running out of water. The politicians responsible for keeping the taps running and their seats well heated and cozy faced the kind of question no minister wants to answer: What happens if it does not rain? So Victoria made a decision. Large. Huge. It would build one of the biggest desalination plants in the world. Con 2 c*jones… or with 2 eggs. A plant capable of producing 150 billion litres of drinking water every...
Once, a government decided to build an airport for the future. Not for the demand it had. For the future. Montréal’s existing airport was becoming busy, and passenger numbers were growing rapidly. You know… Expo, Olympic Games… So Canada did what governments are often tempted to do. It thought big. Very big. The new Montréal–Mirabel Airport was intended to become one of the largest airports in the world. I repeat. In the world. The government expropriated approximately 400km2 of land… larger...