With Jose Auriemo Neto in the executive suite, JHSF stock soars

It’s not often that the children of great businessmen turn out to be even better than their own parents. As Warren Buffett once famously stated about dynastic wealth, it would be like choosing the current Olympic team based on the champions from 30 years ago. While there’s no doubt that genetics play a role in people’s abilities, Buffet’s equip perfectly illustrates the absurdity of dynastic wealth and the reality that most great fortunes are squandered by the third generation of children.

However, every once in a while, the scions of a family fortune turn out to be even more adept than their parents. Such has been the case with Jose Auriemo Neto. After having taken over the reins of the firm his father founded, JHSF Participacaoes, Jose Auriemo Neto has proven to be one of the most capable CEOs in the country of Brazil. Under his leadership, the company has gone through an initial public offering that turned out to be one of the largest ever floated on the Brazilian market. He has also overseen an increase of the company stock price of more than five times, representing enormous confidence of the market in his ability to continue leading in a direction that creates value for shareholders and the country at large.

Part of this shareholder perception of Auriemo Neto as being one of the most capable CEOs in the country today is a product of his own incredible track record of taking on some of the most ambitious projects in Brazilian history. Projects such as the Parque Cidade Jardim, a sprawling, high-luxury development that most of the firm’s critics were quite literally laughing at in its earliest planning stages, have proven that Auriemo Neto is a genuine visionary and adroit developer.

Other famous projects that have turned out to be phenomenal successes under Auriemo Neto’s leadership include the Sao Paolo Catarina Executive Airport, the largest private airport facility in Latin America today, as well as the General Motors Brazilian Proving Grounds, one of the most important sources of economic stimulus that the Sao Paulo region has ever experienced. These projects have collectively created hundreds of thousands of jobs and have injected billions of dollars of capital into local economies.

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