It was an honor to spend time with Hernando De Soto.
“New Story’s approach helps families move out of poverty. By connecting investments to this sustainable land ownership model, New Story can reduce poverty and inequality in an effective way.” – Hernando de Soto
His book, Mystery of Capital, significantly influenced New Story's focus on property rights and land ownership as the foundational step to market-based housing solutions. I am grateful to have Hernando as a new mentor, advisor, and supporter of New Story's work.
Enrique Mezo Herrera and I spent two days in Lima, Peru, learning, brainstorming, and discussing opportunities with Hernando. He is one of the biggest thinkers I've ever been around with a deep passion for market-based solutions to unlock potential in the developing world.
For those unfamiliar with Hernando's work, he is to market-based international development what Warren Buffett is to American investing. This year, he will make an announcement that I think is the biggest and potentially most transformative idea of his career.
What other global leaders have said:
“I believe that Hernando de Soto is probably the world's greatest living economist.” — President Bill Clinton
"Hernando de Soto’s book is about the most important contribution to understanding the economic problem of the developing world in many years." — Margaret Thatcher
Thank you, Hernando!
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