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?
Well it's not really an opinion, nor is it his original idea, many people have pointed out this insight before. Instead of blindly disagreeing with him, why not provide these examples of investment banks and asset management firms that are located in poorer areas? It doesn't make any sense. When you are appealing to rich people, you want them to feel safe and that their money is safe, so you setup in the most glamorous locations possible. Poorer people are generally also more desperate and unfortunately willing to throw what little amounts they have into chasing a dream of winning big while gambling. It is irrelevant to the question about making money though, as if he is a very successful musician his source of income will be floating at another level beyond the average person here.