Ben Awoks (@benawoks) header
Ben Awoks (@benawoks) profile picture

Philippians 4:13. Consulting & Finance. Building https://nitter.gq/t.co/lPjaDsu0ev I post to inform & views are mine.

Joined March 2012
Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)Photo by Ben Awoks (@benawoks)
A CFA is much more valuable than a PHD in Finance. This is not a debate at all
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😂😂😂
Once you have 40 million Naira, the first thing you should buy as a Nigerian man is a car. The car should cost between 20 to 39 million Naira. Use the remaining 1 million Naira for fuel to last you about six months. After that, you might end up selling the car for 7 million Naira, or you may abandon it with your mechanic because you can't afford to fix it. Many of you seem mentally and financially defeated. Talking about: My reality is different from your reality 😂 Ok na.
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This is was such an audacious chip from Oluebube Umejiaku to put the Flamingos 2-0 up against Japan. After missing that chance in the first half, she atoned for it with a more brilliant goal!! She was so confident here 👏👏
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There's nothing to defend if you read his post you'd see he made a blanced point. I've never denied the toll reforms take on average people.
Replying to @Rufyb
@benawoks come defend your almighty reforms. Hedge fund “mouthpiece” 😂
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"You cannot selectively highlight the positives while glossing over the costs and unintended consequences. Equally, you cannot dismiss the reforms simply because they have come with painful adjustments." I'll only add that the consequences are not unintended, we saw them coming
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Lawyers/reps of producers asking for points on the master will never make sense to me especially when you're working with a label that has put up capital. Your priority should be pub. first ( >= 50%) then an advance payment for the master which can be deferred to a later date.
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Ben Awoks retweeted
PRESS STATEMENT NNPC confirms Gas Supply & Network Availability NNPC Limited confirms that gas transportation network operated by its subsidiary, NNPC Gas Infrastructure Company Limited (NGIC), remains available to support deliveries to power generating stations Nationwide without any constraints. NGIC’s operational records do not indicate transportation-related constraints within its network that explain the current decline in electricity generation. Read the full press statement when you visit nnpcgroup.com/insights/press… #EnergyForToday #EnergyForTomorrow
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When VCs say "i'm not investing because the valuation is high" I'm like but you juice up the valuations of your portfolios companies?? If the valuation wasn'thigh, immediately you invest in startup first thing you do is raise the valuation so you can exit better. Irony
DoorDash is buying Instacart for about $17B. At my last firm, my boss asked me whether we should invest at a $10M post-money. I recommended we pass because the valuation seemed high and the business seemed capital intensive. Obviously that was the wrong call. Read on >>
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Very good point
- Restaurants have no moat. - Anyone can vibecook their own meal. - You can build your own burger at home at a fraction of the cost it takes you to get it from a restaurant. - If a restaurant builds a really good recipe, copycats will instantly reverse taste it and steal it. Restaurants are dead.
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Ben Awoks retweeted
Peter Thiel’s advice to his younger self: "Value substance over status." "One of the resolutions I came up with a number of years ago was to always value substance over status, substance over prestige. And if I was giving my younger self advice on what to do or how to think about one's life, I probably would still go to Stanford, might still go to law school. But I'd ask a lot more questions: why I was doing these things? Too much of it was driven by prestige and status, and not quite enough about really the substance of trying to learn things. I sort of think of it as this sort of crazy rolling quarter life crisis, and a sort of culmination in this big New York law firm where from the outside everybody wanted to get in, from the inside everybody wanted to get out. I lasted seven months and three days. And when I left, one of the people down the hall said, it's so reassuring to see you leave, Peter. I had no idea it was possible to escape from Alcatraz. And all you had to do was go through the front door. But people's identities get so wrapped up in the things they compete for that it was inconceivable for people to actually do that. And then the question was, how had I ended up there? Why had I not thought about that more? And I think it was that I had taken too many of these shortcuts of valuing what was prestigious, what was conventional, over what I really wanted to do. So I think always substance over status."
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Ben Awoks retweeted
𝐘𝐨𝐮𝐫 𝐨𝐧𝐥𝐢𝐧𝐞 𝐟𝐨𝐨𝐭𝐩𝐫𝐢𝐧𝐭 𝐦𝐚𝐭𝐭𝐞𝐫𝐬 At the University of Uyo convocation lecture, I had a message for the graduating class: your digital footprint is part of your CV. You will spend years building your qualifications. But employers, investors and partners may meet your online presence before they meet you. In an AI-powered world, what you post can be searched, indexed and analysed. Be bold. Challenge ideas, question authority and demand accountability. But disagree with facts, not insults. Intelligence shows in how you disagree, not how loudly you shout. Attention is not respect. Popularity is not credibility. Going viral is not creating value. Your digital footprint should open doors for you, not close doors you do not yet know exist. Congratulations to the graduating class. Be intentional about the reputation you build, online and offline. #UNIUYOConvocation #DigitalSovereignty #NextGeneration
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“Advertising builds trust.” Revolut CEO Nik Storonsky on why he had the idea to “buy whole airports.” Revolut now has ads in half of Europe’s airports. Everywhere you walk, you feel like you’re in a cocoon of Revolut ads. “If you’re a digital bank, you don’t have branches. People don’t see you physically. They trust you less by definition compared to HSBC, Lloyds, or JPMorgan Chase.” “There are a lot of spaces in the physical world which also produce impressions, but at a much cheaper price compared to the digital world.” “How many times a year do people travel? How many impressions do we produce? How much will it cost us? There is arbitrage to performance marketing.” “Paying for impressions is much cheaper in the physical world compared to the digital world.” “And you’re building trust as well.”
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There are so many things wrong with our value system in Nigeria. Many of pur social norms are financially stupid and roted in poverty mentality. We will remain poor till go back to read and understand the way a capitalist system actually works.
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You just raised 75k as founder pre seed, pre rev and the first thing you did was to pay one of the biggest TV Networks in Nigeria to Interview you. Just like that over 40% of your capital is gone. These are the issues. Most of you need consultants badly
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Mosts HNIs don't use Instagram from my experience.
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No HNI is using this over an actual wealth manager
BREAKING: Anthropic is introducing Personal Finance in Claude. Bye, bye financial advisors.
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Ben Awoks retweeted
Yesterday we hosted the Chief of Army Staff, Lieutenant General Waidi Shaibu, at @terraindustries research facility in Abuja We're excited to deepen our collaboration with the Nigerian Army to win the war on terror. We highlighted our new research programs and unveiled our plans for new defense manufacturing plants in Nigeria and Africa One of Terra's three strategic goals is to end Africa's dependence on foreign intelligence and arms. We're in a technological arms race against the terrorists and we must win.
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Yes they did 😎
Don’t forget, private markets stayed flat today
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I agree
Mustafa Chike-Obi, former Chairman of Fidelity Bank, on whether cancelling NYSC would affect schools in rural areas. He says it doesn't help us long term to take an unmotivated person who comes from England. To teach in a school in Taraba. It is not a solution to our education problem. The solution is to get a specialized core of teachers and pay them their worth.
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I have always said that 𝑶𝒖𝒓 𝒕𝒓𝒂𝒄𝒌 𝒓𝒆𝒄𝒐𝒓𝒅 𝒘𝒊𝒍𝒍 𝒃𝒆 𝒋𝒖𝒅𝒈𝒆𝒅 𝒃𝒚 𝒘𝒉𝒂𝒕 𝒊𝒔 𝒅𝒐𝒏𝒆, 𝒏𝒐𝒕 𝒃𝒚 𝒘𝒉𝒂𝒕 𝒊𝒔 𝒔𝒂𝒊𝒅. The nation can bank on this fact insha'Allah. 🇳🇬 YTDown.com_YouTube_Media_P5Fvev_isw8_ADIPEC-2026-NIGERIA-S-OIL-OUTPUT-JUMPS-TO-1-8-MILLION-BPD-BAYO-OJULARI_001_1080p (1)
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Saylors investors are in for a tough ride
Over the past six years, $MSTR has been the biggest buyer of Bitcoin in the world. Yet the current price of Bitcoin is lower than its average cost. That means all @saylor has to show for six years of stacking is a loss. MSTR would have been much better off buying gold or the S&P.
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