Crisis Entry, Post-Collapse Creation

“It seems to me that my biggest and best deals over the last three decades have all happened inside a failed process of some kind or other. The successes have come not in times of stability, but in the aftermath of collapse. If there’s a philosophy that runs through my career – and my life, really – it’s this: systems fail, but resilience creates opportunity. Time after time, I’ve seen it play out in the world around me, and in my own story. When the established order breaks down, whether in politics, in markets, or in personal fortunes, it feels like the end. But it’s not. If you can hold your nerve, if you can see past the fear and the noise, you realise that failure is only a phase. On the other side of collapse is creation.”

“This way of thinking has become second nature to me. I don’t chase collapse for its own sake: I respect its dangers deeply. But I’ve learned to trust that in the ashes of old systems lie the building blocks of new success. It’s a mindset that has shaped my investments, my strategies and my outlook on life itself. Conversely and importantly, others have found opportunities in some of my failures, like in Colombia. That is the circular way of the world, and just as I can time my entry into failed projects of one kind or another, I too can fail. Often spectacularly so, but that crisis becomes the other side of the coin for another opportunity.”