When I took a course in Communication, one of the first things they made me do was slow down my speech.
At the time, I didn’t understand why.
Today, whenever I meet someone who talks very fast, I just smile because I know exactly what’s happening.
In many cases, people who speak quickly have minds that process information at an incredible pace. They move from one idea to another in seconds, often long before everyone else has caught up.
I bet people at Chowdeck have to chase Femi around with a Pen and Paper just to catch up with his thought process.
Sometime last year, I was going to buy a really high-end car to “reward” myself for a really good year. Agreed price with the seller and just when I sent the instruction to the bank to make the transfer, I looked at that instruction one more time and asked myself if I really needed a car. Ended up deploying that money back into the financial market and it’s up 62% ish since then. So please listen to the man. Invest and keep investing like your life depends on it. Not saying you shouldnt flex but making your money work for you should always come first.
Invest like mad!
Invest like your life depends on it!
Invest to avoid future embarrassment!
Invest because that investment could very well be the safety net you’ll need in the future.
I can be pro-Messi and anti-Argentina. Just like I can like a politician but not their political party. I don’t have an all-or-nothing approach to most things.
Almost 60 years after the end of Nigeria's civil war, two former adversaries meet for the first time. One was a Nigerian army officer, the other a Biafran corporal. The men met as survivors with a message for the younger generation of Nigerians.
This interaction between Haaland and Ibrahimović is funny and wholesome.
Didn’t think they’d click like this.
The way humble Haaland is with him, the respect he shows him throughout the whole conversation. Wow.
As long you have your own biases, no how you won’t appear as an hypocrite one day. You haven’t lived long enough if you believe you’ll never defend what you once stood against.
In the downstream oil sector, average net margins are often around 2%, yet companies like TotalEnergies, Mobil and others continue to operate profitably.
Food manufacturers may earn net margins of just 8% to 10%, yet investors still commit capital to the sector. That is because margins alone do not determine whether a business is attractive.
What matters is how efficiently the business converts capital into earnings. The key metrics are ROA and ROE, with ROA being particularly useful because it measures how productively assets are employed.
If you are familiar with corporate finance, you'd have heard about the DuPont framework. Through the DuPont framework, returns are driven by both net margin and asset turnover.
Some businesses, such as trading companies, generate thin margins but very high asset turnover. Others, such as manufacturers, earn higher margins but turn assets more slowly. Neither model is inherently superior. They are simply different economics.
Businesses are also not chosen solely because they offer the highest short-term return. People invest where they have the knowledge, capabilities, relationships and competitive advantages to outperform others.
Comparing a business with Treasury Bills also ignores the optionality of equity ownership. A good business can grow earnings, gain market share, improve margins, raise prices and become substantially more valuable over time. That is precisely what investors are compensated for when they take equity risk.
Now this is it... The conversation changes if a business consistently earns below its cost of capital, has no competitive advantage, no pricing power and limited reinvestment opportunities. In that context, we can say value is being destroyed and perhaps one may want to redeploy capital to where it is worth it.
There is something about wealth-poverty closeness in lagos.
A POS agent endures the open sun without an umbrella, a few steps from an apartment that goes for N30m/pa.
Two economies, one street.
300-340 million people (depending on who you cite) joined India’s middle class over the past 30 years and it is no longer the country with the largest population of people living in extreme poverty.
The @NigBarAssoc can you tell Nigerian Lawyers why @MuyiwaAkinboro SAN name is wrongly spelt on the election portal and his picture is not there but a certain candidate's picture is there on the portal.
The system is clearly not working.
Why are you people really doing this.