@Rufyb Larry's vision, risk-management focus, and market foresight built BlackRock into a global powerhouse. Rob's operational strength and client focus drove worldwide growth while Martin kept capital allocation disciplined, with Rachel powering the firm's international expansion.
@MudiTheInvestor This depends on the cost of debt vis a vis return on investment.
1.) Pay off debt if the cost is higher than the return on investment.
2.) Invest if the return is higher than the cost of debt.
Selah
@ThatJuDaH@anthonyuzum@ShedomL It's less about "the rich getting richer" and more about credibility attracting opportunity. Capital follows trust. The rules of business growth don't change—discipline, consistency, and value creation are what ultimately build lasting success.
@Rufyb@quansimodo Overpaying for a good company (Nestlé Nigeria, 2019–20) punishes; buying a bad company cheap (Cadbury Nigeria, post-2006 scandal) rewards. Price connects company to investment.
@Rufyb Great insight.
FPI often comes first to test the waters—assessing policy consistency, FX stability, and market sentiment.
If confidence holds, FDI usually follows.
FPI is the courtship; FDI is the marriage.
@Rufyb The line that stands out for me is: 'Asia Pacific is the fastest-growing region in the world.' Blackstone didn't raise $13.1bn by accident. When smart money gathers at this scale, it's worth paying attention to where they see the next decade of growth.
@dobmarch8@ProfitableMan1 Sometimes the biggest mistake isn't buying late, it's never buying at all.
If the fundamentals remain intact and the valuation still makes sense, why not? Ikeja Hotel is proof that quality businesses can continue creating value long after the "cheap" entry point is gone.