Money is the root of all evil & the stronghold of all prosperity; How do you view it??? | Never back down | Finance | Economics | Risk |
@WarwickBSchool
MBA
Hi guys. I'm researching economic inequality & property rights in Nigeria for my PhD thesis.
If you know anyone community or organisation that has been involved in a land dispute, had their land seized or building demolished, please share this with them.
@Ssaasquatch
I thought i could model Monte Carlo simulations, but it was from them i knew that i knew nothing.
I was struggling with XVA & counterparty fin, but i started watching Indian YouTube videos. That was when I knew say these guys sabi. They broke down PFE/EE modelling, so simply
@Ssaasquatch
Yep. cos A in the production function MPL=AK^a*(1-a)*L^(1-a) clearly shows that tech is a multiplier to real productive activity & its why fintechs can't be more valuable than banks as they are enhancers to banks which themselves are enhancers to the real economy
@tosinolaseinde
Tinder doesnt have you "bid". This goes beyond a "social/dating" site to actively bidding for flesh, thereby commodifying the girls on the platform.
A fine line, yes, but one that has been crossed. I mean if i part with cash it is logical for me to expect some kind of value..
My takeaway from this is we no longer see ourselves as a collective. The man rationalised that this money coming into Nigeria would be stolen anyway.
African corruption should be looked at through the lens of Game Theory, and then perhaps actions of players will make "sense".
You accept $2.1 million and deny your country $2.4 billion (with a B). That’s less than 0.09% of the liability.
Can’t even make good criminals. How else do I explain this type of corruption if not malicious incompetence and low intelligence?
Reminds me of the Qatar World Cup…
@chinasa_anukam
This article will put things in clearer perspective. Paying taxes even after more than 60 years of "independence".
@MarkACollett
France is an extension of these African countries cos they pay their taxes like all other French. Take the good with the bad
Most things worth pursuing charge their fee in the form of stress, uncertainty, dealing with quirky people, bureaucracy, other peoples’ conflicting incentives, hassle, nonsense, long hours , and constant doubt. That’s the overhead cost of getting ahead.
Morgan Housel.
My dad's friend went to a party one time & boys surrounded his car asking for bar. He started shouting "service pistol mi da, service pistol mi da". Na so them commot gun say "daddy sho jo eleyi ni".
Baba sharply change im voice say "eyin omo ale se waan le bayin sere ni" 🤣
@asemota
For me, it is how their receptionists treat you when they think you are a "nobody" company culture trickles down to support staff whom you likely interact with first of all.
All places i interviewed in Nigeria where i didn't take up their offer had rude standoffish receptionists
Got an unsolicited offer to publish a book on commercial real estate by an academic publisher, got a major win, which is already the cherry on top of my year that i will announce later, and almost done structuring my Q2 win without it even entering Q2 yet.
Na God run am no be me
When you help Nigerians, never expect them to embrace the view that a good turn deserves another. Helped this babe review almost all her MBA assignments before submission.
Now I need a favour and madam is opening her mouth talking about commission.
@Chxta
@asemota
@PeterObi
@sbmintelligence
My phd proposal is centred around this and how is hampering development. Not just in Nigeria but across west Africa. The first thing the West solved was security of property ownership. Cos that's the foundation of capital. That's what also made the US grow at scale in the 1800s
@SeunEsq
Had a "doing business around the world" seminar during my MBA. They touched on cultures & nuances across UK L, Frace,italy,USA, JAPAN china, greater Europe, greater China, Latin America & the Middle East. Nothing was done on Africa & dude leading the seminar said the same thing
@rowland_in_page
I'm not into engineering. I cannot advice you if you want to remain in engineering. If you however are good in calculations, most finance companies are looking for technically sound guys in mathematics and coding.
Unilag Econs Dr Baluba's wife had cancer or some serious disease & he was taking it on us. Wrote his paper. They couldn't find my script so i had a carry over. Took it again the next year same thing. This time i begged this guy for 3 hours while he was shouting at me.
The entire University of Lagos. I can bet my life that 300l first semester insurance exams were wrongly graded and I’m ready to take this to any length. Only for the lecturer to threaten me after pointing it out.
Hell I still remember the questions.
@Ssaasquatch
When you know your country you automatically start putting in place measures to protect yourself. Negotiated an insurance deal in January for some guys where ultimately no Nigerian entity would be involved.
A lot of deals for Nigeria will not smell Nigeria going forward.
I'm sure the only reason he gave me that "deal" was because I was with that babe when she came to meet him. If not it would have been another automatic carry over.
@oren_sa
@hawt_red
Hardly a similar comparison. The Jews were not in charge of the security apparatus in Europe (they may have held substantial wealth) nor were they involved in attacks on European neighbours nor were they the most domineering group of people in those areas
Compare like for like.
Removed my gallbladder in ATL in 2017 after they almost killed me at LUTH. I was told my bill was $25k. No problem paid that and did the operation. Then nurse bill came, anaesthetic bill, theatre bill, room bill etc. I almost ran mad. Everything i paid was north of $45k
This has been a month and then some in the making and I'm glad it finally came to fruition.
Thank you
@afalli
@benzino87
and
@Ssaasquatch
.
I appreciate your time and effort...
Grass always seems on the other side. Don't regret studying Economics, but now a larger part of analysis has to do with SQL, R, MATLAB, and Python, which I'm now having to learn.
Like Jude mentioned, there should be majors and minors that correspond to real-world use case
If Fisker was Eric's company, they would have hung MHKBD or, at the very least, locked him up and thrown away the key.
Cos it is honest review this guy and Chioma did. One is making money from the review, and the other has had a Go Fund Me set up in her name...
1/ Youtuber
@MKBHD
recently tested Fisker's latest EV and called it the "worst car I've ever reviewed."
The video has picked up 4.3 million views since he posted it and even reached execs at the company.
But things got really weird when Fisker responded. Let's get into it.
Learning to be vocal about my wins so imma post this up.
Completed my MBA at Warwick with a distinction in my dissertation which mixed my two favourite passions; Risk Mnagement & Real Estate.
I couldnt have done it without single malt Irish whiskey & the Lord of Spirits. 🙏🏿
@afalli
Even the 1000 sponsored by externals most likely come at a non-monetary price.
I feel there is an agenda to spread government favour & oligarchism whilst systematically looting. The cost of governance in Nigeria is too high, and something had to give. The economy or the nation.
A friend sent me a news article showing an analyst stating real estate is facing its biggest correction ever.
II concurred & took my time sharing my thoughts. Can't type it out all over again, so I'm sharing our screenshots. With knowing CRE showing 30%-50% discounts.
@FinPlanKaluAja1
Listened to something along these lines by Platt (s&p) Oil Podcast wherein Russian oil is mixed with West ageism oil and is composition is then very similar to crude oil from Ural Mountains/Kazakhstan enabling them to bypass shipping sanctions
Of all the Nigerian politicians i know, i really would love Ibrahim Shekarau to become president. He spoke so eloquently at the debate against an absent GEJ & captured my heart from that very moment.
Sadly he will never be president, so I'll wait to see what party Duke runs on.
The world belongs to those who are able to visualise words and act on them. Just like how we have surgeries now where people are put under cos the first guy to run it did it because the bible said God put Adam into a deep sleep to create woman.
Cc
@afalli
see this boss
Saw a picture of Vybz Kartel's face swollen from kidney problems and it hurts me cos that guy's music saw me through uni and even now he's still n cranking out hits
Indian friend started this algo trading thing in 2020 shortly before our MBA. Only him. He's up now up to a team of 5 with $4mn in AUM and with current run rate should clear $>800k in profit by this year.
Last night, my cousin sent me a screenshot of his LinkedIn to show this article had been spotlit by LinkedIn in Indonesia.
Little wins i am grateful for. Cos i just wrote this piece off an argument i had on twitter. Didn't realise it would blow up
Lookong at Comparative Advantage, Absolute Advantage, Relative Advantage & the Wealth of Nations, from a gaming perspective.
Why did Indonesia get mire FDI than Africa in 2023? If you are not productive & add value, you will not be treated with respect
@DrJoeAbah
There are legal tech in Nigeria that already do this will writing thing at a fixed rate even Leadway as at 2018 had digitalised will making into various fixed grades as low as 5000
@Egi_nupe_
@Chydee
I mean bruv, i can't believe you are saying this and defending him when you are supposed to be in media and more informed. But then again you are in media and might be part of his campaign. E fe ko omi obe wa fi je bread ba?
One of the smartest persons i have ever interacted with is
@Sugabelly
.
Sought her advice on Igbo Land Rights pre colonialism, and she pointed me in the right direction.
I didn't just get that off the igbo but also of the Ijebu, the Ondo, Kano emirate, and so on.
Thank you
A company which invited me to head their risk team with an increment on 70%on my current earnings (not counting bonuses & other perks) has put a hold on the process "till this blows over". Sharing this now cos i became downcast but i know there's still upliftment due in 2020. 🙏🏾
I lived on the mainland & schooled on the island. No, we didn't have flowing water after 1994. Plus even though for most of my secondary school I was driven to school, I still saw the agbero problems. Tinubu made improvements to Lagos. Ka ma jale
NOTE THAT I WANT GRV TO WIN
If you are at least 30 & above, and lived in Lagos all your life (like I did), you will truly understand what GRV & co are saying.
Before 99, clean water was flowing in our taps. Remember water works?
Traveling from Epe to Ikeja & the rest was smooth & fast. Wetin be agbero?
@Chydee
Baba, every action of a politician or a potential one is part of the campaign/wash which would be a non-issue if this same dude wasn't part of the OBJ administration and is best remembered for the Haliburton scam amongst others
To everyone that takes LinkedIn like every other SM, try being more active, post less personal stuff and write more articles.
Trust me it works. Got a job off there, with 5 recruiters hitting me up at the same time to offer me positions.
I saw this on IG and that's why I'm glad companies like
@BloomFinTech
are coming up to ease the problems PoC and immigrants have in accessing credit and housing
@CollinRugg
@realpeteyb123
I hardly think capitalism solved this. The economic systems that exist are capitalist in nature and are mostly exploitative. What solved this was altruism. Mr Beast had no skin in the game or need to create bottlenecks to profit from, which is why he solved this problem
Macron - Peugeot
Rishi - Range
Biden - Cadillac
Moon Jae-in - Genesis
Xi - Hongqi L5
Scholz - Mercedes
Kishida - Toyota century
Clearly, economic diversity, innovation, & growth for this government are non-priority, with them allowing themselves to be filmed, saying such.
Nobody can tell me nothing different, this guy did minimum 5 years internship with a baba alawo or Ifa priestess.
I feel like I'm an adopted Yoruba whenever this guy speaks. It's bad enough my Yoruba skips when i speak but now I'm rendered partially deaf listening to him 👊🏾
As there is no rainbow without rain, so also is there no result if you do not put in effort.
You may not reap if you sow, but you will definitely not reap if you do not sow.
May God rich us at our uttermost points of needs and hear our supplications this week.
Amen 🙏🏾🙏🏾🙏🏾
@cchukudebelu
@MallamSawyerr
Not igbo but the fill version oh Ngozi is Ngozikachukwuka something (can't remember) and Obinna is Obinnachukwu something. So the fill version of some other names were definitely going to have chi or chukwu in them
This month of July has been a month of wins. My brother and 2 close friends all had children within 7 days.
More wins to come this year and in the rest of 2020 in Jesus's Mighty name 🙏🏾
I recently found out that the LBS review is free and my conscience hasn't let me be till i share with you all. Also Mckinsey Insights too, great source of knowledge.
Download them on the play store or apple store.
Don't say I never did anything positive for you guys...
These last few years have taught me never to lean on my understanding.
We are here at His pleasure, and His will is divine. Even though it may seem late by human standards, He will do it in a way that we shall never be able to dispute His endless blessings.
@NnadiArts1
, i was wondering what you came on the TL to ask me to retweet a picture of you wearing a hat in a studio till i looked closer and saw it was actually a painting. That's how realistic it is 👏👏👏
@shalamsee
She needs to check that shit out asap. That's a sinkhole and the earth beneath the main structure may give way. It is best she doesn't sleep there again.
Its a sign of water erosion under the property
Tried to see if someone had already sought to explain corruption through Game Theory before, and apparently, since 1982, there has been at least one paper. That man's actions are perfectly rational when you realise if he acts right, he doesn't gain at all
There's a point in time you have to tell yourself you tried and you failed not because you didn't put in maximum effort, but because it wasn't the right moment to attain that goal
They literally warned us against this in the Economics Department at the Faculty of Social Sciences at the University of Lagos.
"Stay humble and approachable," they said
Meffy's recent statement leaves open the possibility that dom people would be asked to prove how they came about fx in their account or risk having it seized.
Cos majority of fx transcactiona are from black market to the banking system. So it will be easy to tackle anybody
@Ssaasquatch
My guess is to tighten liquidity to fight inflation with CRR, ensure new capital is raised, which is why you can't convert or recognise SHF as new capital. So the new capital serves as a way of mopping up liquidity and also getting new FPI like you mentioned
Few people know war like Blackwater founder Erik Prince. He tells
@patrickbetdavid
:
"We need to bring that war to a close because all Ukraine is doing right now is destroying itself demographically. They’re chewing up the next generation of manpower that they really can’t
BurnaBoy na man wey sabi. Giving props to those who did it before him. Nigga sampled "Little Money Soonest Spend It" by 9ice on Anybody & then went all out sampling "Sample" by Ekwe "E be like say" by 2face. 🔥💯💪🏾
@afalli
Real life consequences of actions & statements. A lot of employers on the sponsorship registry are currently NOT sponsoring due to increased costs & winks & nods from the gov.
Why then would these students not take their money where it earns greater rewards? Quid pro quo 🤝🏿
@TheAndroidGuy24
Peopke have selectively forgotten how Oshodi & Maryland used to look like. Without his admin Lagos had no parks. See that nigga stole mad money but he did shit. There's diminishing returns now cos he does more harm than good presently but Tinubu helped Lagos.
I've been trying to read all day but i haven't been able to do this. Exams up soon (5 months is a short time in CFA terms). Need to switch off this phone but today has been interesting.
@sojocu
@adekunleth
@SeunEsq
Needed bro. The profit banks have been made is not normal. Making 450bn profit on a 680bn bank balance sheet na thief thief make we no lie
11 years ago during my first fx crisis, this was what my bosses were bring because suddenly they couldn't afford the Toyota front runner anymore
Definitely looks way superior to the stock of that time
My brother just bought a Hyundai Santa Fe. He showed it to me last night.
SHOCKINGLY good build quality. Luxury interior. Amazing electronics and screens. Great styling. Crazy Warranty. $38k
I am probably late to this realization, but South Korea has reached parity w/ the best.
@Osi_Suave
Expecting someone to hit you back is guaranteed. What they wouldn't expect was that level of viciousness.
He brought a copper to a fistfight
Everyone around him got dissed. Almost as vicious as Hit 'Em Up, considering the fact that he also brought 40 Shebib and his illness up
The use of language as a weapin and like to pick out the eyes of one's enemies is very pronounced in this woman. Her stringing of everyday words to pass home her points is unmatched by any individual i have heard speak in recent history