When I read the headline at first, I found it quite provocative, but taking a closer look through Iyinoluwa Aboyeji’s comment, what I understood from a deeper perspective has more to do with entrepreneurship versus passive allocation.
Where I got interested and had some agreement with him was when he cited a well known figure like Elon Musk, who built his current wealth status primarily by deeply embedding himself in the grueling daily execution of his companies Tesla and SpaceX task, by being an active person, rather than operating as only a traditional portfolio investor.
I agree that investment is more for the realistic kind of person than it is for every kind of Tom, Deke or Harry.
To me, this is more of a call to attention and a challenge to those who doubt their abilities and capabilities, to start their own businesses with the experience and ideas you have, because even though investment in any kind of asset including Bitcoin is a smart move to build long term wealth, building a business could amplify your wealth and change society in more economic and job opportunitistic ways than mere investment ever could.
So I ask,
Do you believe that investment is for lazy people?
I read that guy's post on through a social media handle on X and quite agree from his perspective but on a general perspective, I do not agree that investment is got lazy people, reason being some who is investing is also working, and that is how they made the money they used for the investment, if they are or were very lazy enough to also not be working, they won't have that money to invest, this is the area we also need to look at this from.
And another important thing again is that we must consider the fact that not every body will start and run a business or go into building projects, if for example, every one in this this world go into building businesses and project simply because they don't want to called or referred to as lazy, who becomes their investors?
So like I said before, he's perspective on the matter is right, but generally speaking, investors are not lazy people, his business wouldnt have reached the level it is today without the same investors he referred to as lazy people. He only said this to encourage more people to go into building businesses and projects since this is one thing we are economically lacking in Africa.