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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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The more cases I review from my advisor’s position, the more amazed I’m about people repeating the same mistakes over and over. One of the most astonishing, under-focused risks in infrastructure PPPs is land availability and land cost escalation. Too often, governments assume or implicitly transfer the risk of land value increases to the private concessionaire. Please, don’t. I come from Spain and one of my first babies were the R5 and R3 radial roads, at the time ACS’s concessions. And...
Recently, I assisted with horror to a meeting where I was told that the respondents of an RFP had no limit of pages in their offers. They asked my opinion. My answer was graphic. If I was the bid manager and I had a gun, I would use it. No limits. OMG. The last shoes that you want to wear are those of the bid managers in the RFP. Imagine yourself with that burden. No limits. And the risk of these guys awarding a several billions dollars contract by the weight of the paper brought in the...
The worst thing that can happen to a man, woman or chair is becoming civilized.Because then spending time in an office meeting people they don’t like and doing things that they hate under halogen lights feels acceptable.And using a ThinkPad with Windows. And preparing a PowerPoint. And eating the daily lunch special.And being afraid to ask for a raise. And when you point it out to him (to her, to it, to them) he tells you that “it is what it is,” that “what can you do,” that “life is like...