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Information Or Money: Which is more valuable? - Business - Nairaland

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Information Or Money: Which is more valuable? by freecocoa(f): 1:01am On Mar 20, 2012
I was somewhere today and some people were arguing about this,someone argued that money rules with the example that with money you can get whatever you need,information included, another argued saying that without information your money is useless.

Just wondering what you think about this,please back up your claim with some points.

1 Like

Re: Information Or Money: Which is more valuable? by Nobody: 1:31am On Mar 20, 2012
freecocoa: I was somewhere today and some people were arguing about this,someone argued that money rules with the example that with money you can get whatever you need,information included, another argued saying that without information your money is useless.

Just wondering what you think about this,please back up your claim with some points.

Neither
Re: Information Or Money: Which is more valuable? by Seun(m): 1:34am On Mar 20, 2012
If you already have money, information is more valuable.
If you already have information, money is more valuable.

What do you mean by ruling the world?

3 Likes

Re: Information Or Money: Which is more valuable? by Nobody: 1:38am On Mar 20, 2012
Seun: What do you mean by ruling the world?
i will need emphasis to get the full question.
Re: Information Or Money: Which is more valuable? by freecocoa(f): 8:58am On Mar 20, 2012
Seun: If you already have money, information is more valuable.
If you already have information, money is more valuable.

What do you mean by ruling the world?
Err mm its just like the saying,"money makes the world go round" some people believe otherwise and say information is why the world is where it is today,so i guess the question should be more like information or money,which is more valuable?
Re: Information Or Money: Which is more valuable? by freecocoa(f): 8:59am On Mar 20, 2012
2buff:

Neither
Care to elaborate why you think "neither"?
Re: Information Or Money: Which is more valuable? by yamakuza: 2:19pm On Mar 20, 2012
Both are valuable. However, if i have to choose one, i'll choose money.

All the information in the world without capital, will amount to nothing.

With money, you can buy the information you need. Ask Adenuga.

With information, you might not necessarily make things happen. Ask Soyinka.

4 Likes

Re: Information Or Money: Which is more valuable? by courage89(m): 7:01pm On Mar 20, 2012
[color=#006600][/color]
@ Yamakuza

Spot on man
Re: Information Or Money: Which is more valuable? by Afam4eva(m): 7:05pm On Mar 20, 2012
Information is more valuable. With information you can make as much money as your information can produce.
Re: Information Or Money: Which is more valuable? by OAM4J: 10:08pm On Mar 20, 2012
Money is power, no doubt, with money you can buy almost everything.

Information gives knowledge and knowledge is power. With a good knowledge you not only make money but you can control those with money that are clueless.

Lemme put it another way, with knowledge you cannot go back to being ignorant/clueless even if you don't have money, but money without knowledge will be wasted and then poverty comes. Also you need more than money to have knowledge, so technically, you cannot buy knowledge, but you can 'rent' it by paying those who have it, how far that will carry you depends on how much money you have and what those with knowledge are willing to charge you.

Put a poor knowledgeable man together with a clueless man than just won a lottery/inheritance of N1B, all other things being equal, chances are that in 10yrs time the knowledgeable man will sill be knowledgeable but now rich and the clueless lottery winner will still be clueless but now poor.

7 Likes

Re: Information Or Money: Which is more valuable? by courage89(m): 10:38pm On Mar 22, 2012
To reiterate Yamakuza, both are important. You need both to survive in this era we live in, but you need one more than the other. Money at the end of the day will achieve the result you want, better than information. We live in the information age, and the people who makes the big bucks are people with access to quick information. All your hedge funds, equity traders, forex traders, bankers, marketers, and other business people thrive on information. Information on where to buy low, strategy, and others. But your information will be useless if you cannot execute your plan due to lack of capital. Idea alone cannot turn into running business, it requires funding. Money on the other hand can buy idea and turn it into running business. Lets take the stock market for example; assuming you get a first hand information that First Bank wants to acquire Access bank at 50% premium over their current price. The information will be useful only if you have the fund available to accumulate access shares. If you don't, the information will be useless. On the other hand, you can easily sell the information to someone who can/will monetize it.

Information alone - fund = Information in its original form
Money + (bought information) = Desired result

3 Likes

Re: Information Or Money: Which is more valuable? by yamakuza: 12:19am On Mar 23, 2012
^ wow! What powerful examples.

I doubt anyone will be able to provide a passable counter argument after this.
Re: Information Or Money: Which is more valuable? by legalwealth(m): 3:14pm On Mar 23, 2012
freecocoa: I was somewhere today and some people were arguing about this,someone argued that money rules with the example that with money you can get whatever you need,information included, another argued saying that without information your money is useless.

Just wondering what you think about this,please back up your claim with some points.

I will back up my say with these two free reports which you can download as an attachment below or
get their updated versions from http://2go.wall.fm/forum/topic/14

Re: Information Or Money: Which is more valuable? by WebSolutnX(m): 5:15pm On Mar 23, 2012
Money is important. But, how much money?

Give me the right information and I will make a billion dollars with it and keep refining your idea to make more money for a lifetime!


Money - knowledge = looming poverty.
knowledge - money = potential Wealth!


http://www.sceptrebusinessmagazine.com
Re: Information Or Money: Which is more valuable? by Vansnickers: 9:25am On Apr 13, 2012
Ignorance=Death.
Re: Information Or Money: Which is more valuable? by AnotherOkija: 7:49pm On May 21, 2012
In the words of my nigga Jerry Maguire... SHOW ME THE MONEY..... If I had a billion dollars, i would be so busy flexing I wouldnt even have the time to read the papers to get information!! cool
Re: Information Or Money: Which is more valuable? by neksummi(m): 7:58pm On May 21, 2012
yamakuza: Both are valuable. However, if i have to choose one, i'll choose money.

All the information in the world without capital, will amount to nothing.

With money, you can buy the information you need. Ask Adenuga.

With information, you might not necessarily make things happen. Ask Soyinka.

I just chuckled when I read this. It's really a tough one. Your money can buy you whatever
information you need and your information can make you money. But I honestly thing it is easier
for you to get information when you have the money than it is for you get money when you have information.

2 Likes

Re: Information Or Money: Which is more valuable? by hrhobi1(m): 8:36pm On May 21, 2012
I THINK WE SEEK INFORMATION TO MAKE MONEY , ABI MY HEAD DEY SHAKE? SO IF I ALREADY HAVE MONEY WETIN CONCERN ME WITH INFORMATION
Re: Information Or Money: Which is more valuable? by Nobody: 8:40pm On May 21, 2012
information - it will lead you to make choices with which you can make money

if you knew back in the 80s that microsoft would be what it is today. . . a simple $1000 investment

with theright information, you can turn 1000s into millions, and with the wrong information, you will go broke so fast you wont know what hit you
Re: Information Or Money: Which is more valuable? by Soundmind(m): 8:45pm On May 21, 2012
Information, information, information
With information, you get paid (big money),
With money, u buy information.
Re: Information Or Money: Which is more valuable? by daywatcher: 8:47pm On May 21, 2012
in Nigeria, money. Serious countries, information.

1 Like

Re: Information Or Money: Which is more valuable? by shadrach77: 8:53pm On May 21, 2012
this is my take on it

information without money is useless
money without information is useless

information can source out money
money can source out information

so they both complement each other

but i think money is more valueable because you can have all the information is the world, you can't purchase anything with it if it's not turned into cash
Re: Information Or Money: Which is more valuable? by member479760: 8:54pm On May 21, 2012
information first then money! mind you not all information you pay for but the info help you to make money and get on.
Re: Information Or Money: Which is more valuable? by sholay2011(m): 8:58pm On May 21, 2012
Abegii!! Nlers shud stop 'forming' as if dey re confusd as regards dia choice btw d two....na naija we dey...money na koko...abi i lie No wonda, many youths nw buy finance-centad books but informative books nko?? Tufiakwa!!!
D reverse is d case in countries wiv ppl dt hav foresight nd passion for discovery nd inventn.
Re: Information Or Money: Which is more valuable? by Oluwa4Sure: 8:59pm On May 21, 2012
Firstly, I will need to understand what you mean by information.
And what amount of money we are talking about here!!!!

In lay man's terms, the best way to re-phrase this I guess will be;

A Billion Dollars Cash

And Billion Dollars worth of Information(s) which would you go for

Don't forget, that information's can suddenly become worthless, may be faulty/false,
may not archieve desired results, and easily escape to the public and above all
need money to be executed. A billion dollar worth of information may be worth just
a million because not everybody will want to take the risk. LOL!!! You even need money
to look good and believeable before you can present certain information otherwise you
will tagged and idiot!!!!

Money of the other hand in this case is almost risk free(or the end product of the above). Once you have it in
your bank account(s) man, you can start reaping!!! No dulling!!

Peace

1 Like

Re: Information Or Money: Which is more valuable? by blackboi(m): 8:59pm On May 21, 2012
Information is more valuable.

Money= Woman
Information= Man

every woman needs a mangringrin
Re: Information Or Money: Which is more valuable? by AnotherOkija: 9:01pm On May 21, 2012
Quality Information aint cheap!!
Re: Information Or Money: Which is more valuable? by brainchild78(m): 9:04pm On May 21, 2012
Information and knowledge is very vital to get money. Without info you could never unveil where money can be obtained. But one factor worth noting is that wisdom surpasses all and is the fundamental ingridient for acquiring anything ranging from info to financial wealth.
Re: Information Or Money: Which is more valuable? by maxtum(m): 9:14pm On May 21, 2012
With money you can information!

Eg......they put information for newspaper and i use money buy am! chikena!
Re: Information Or Money: Which is more valuable? by ZUBY77(m): 9:15pm On May 21, 2012
If you dont have money and dont have information, information is what you need. It will prepare you for incoming money. If you already have money, you need information and if you have information, you might not necesarily need all that money.
But if you have both like me, you will be in cloud nine.

1 Like

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