Re: Gambling/betting shops vs Investment banks - Do you believe this guy's opinion?
So guys, I found the below shot In one of my friend's story on WhatsApp, it is a shot of a popular Nigerian musician known as "Erigga - I believe that my Nigerian brothers here will know him well.
He was actually talking about the importance of investing to make money, but in emphasizing this, he talked about gambling houses and betting shops; only being found in Poor neighborhoods, while investment banks, equity firms, asset management firms are only found in rich neighborhoods.
While I tend to agree with what he said about making money generally, i am still trying to find any reason to believe that the emphasis he used is true, that is, I do not believe his opinion about gambling house verses investment banks to be true.
What do you guys think about this?
He was actually talking about the importance of investing to make money, but in emphasizing this, he talked about gambling houses and betting shops; only being found in Poor neighborhoods, while investment banks, equity firms, asset management firms are only found in rich neighborhoods.
While I tend to agree with what he said about making money generally, i am still trying to find any reason to believe that the emphasis he used is true, that is, I do not believe his opinion about gambling house verses investment banks to be true.
What do you guys think about this?
Tend to agree maybe yes, but it is an overgeneralization. You can find all of that stuff in Las Vegas too, and I bet a lot of rich people are there to be found, or a lot of rich people are there making money with the infrastructure. It's two ways here: I get his point, but I am not sure he got his words correct. If it was as simple as that, I bet you could find plenty of counter examples. What is true though is that if he is talking about the richest places in New York and London, which are most likely banking locations and stuff, the poor could probably not afford the rents there. Yes those places probably offer gambling and pools for the rich as well.