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You're a loser if you play this game
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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. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Yesterday a few of you came with a question… If we prefer a good narrative to the truth, does it apply to PPPs? Absolutely. PPP includes the words Private and Public. This is meat for bored politicians and newspapers. You have conflicting words… Add Partnership and journalists queue to hit you in the face. No matter what statistics say. No matter how many successful projects have been delivered through a PPP. No matter the risk profiles, the alignment of the parties, the governance… that PPP...
You know that many people are terrified of flying. However, they have no problem travelling by car, even though we all know that, statistically, planes are much safer than cars. Well… welcome to the base rate neglect. Our brain ignoring boring statistics and overvaluing vivid stories. That’s it. We constantly hear statistics about road accidents. But… When there is an aviation tragedy… well… you know what happens. Vivid memories. We like to believe we are purely rational beings making...
My son is now obsessed with rockets. He wants to go to the moon. Good for him. We’ll get there very soon… again. If you don’t know the story of Apollo 13, you should pay attention… because it has lessons for you too. NASA did not become NASA because everything went perfectly. Quite the opposite. Rockets exploded. Calculations failed. Systems broke. People died. And every time something went wrong, they did one thing better than almost anyone else: They learned. Apollo 13 is the famous...