Wow!! what a dumbass he is...(I'm wiping away a few tears)..NOT!!..lol

Caribou wrote:

What a lucky guy.  Good for him for capitalizing on his advantages. 

He also omits that he invested this money into a larger project of his father's, under his father's guidance. He did not immediately "start buying properties". Further to his revision of history, he tried to play off the 17 million dollar loan as a "million dollar" loan until Matt Lauer called him on it.

In addition to his string of bankruptcies, he also made some really dumb investment moves. He could be much richer. Makes me wonder if he really has the smarts he claims to have regarding business.Trump's investments didn't even beat the stock indexes.
 "Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion. The S&P 500 has grown 1,336% since 1988."

The sad thing is, he probably thinks he really struggled.

AdminShiny wrote:

Caribou wrote:

What a lucky guy.  Good for him for capitalizing on his advantages. 

He also omits that he invested this money into a larger project of his father's, under his father's guidance. He did not immediately "start buying properties". Further to his revision of history, he tried to play off the 17 million dollar loan as a "million dollar" loan until Matt Lauer called him on it.

In addition to his string of bankruptcies, he also made some really dumb investment moves. He could be much richer. Makes me wonder if he really has the smarts he claims to have regarding business.Trump's investments didn't even beat the stock indexes.
 "Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion. The S&P 500 has grown 1,336% since 1988."

The sad thing is, he probably thinks he really struggled.

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Trump just know how to play the game and he play it very well 'he is calling out Ppl for doing what he use to do " lol got love it
 

AdminShiny wrote:

Caribou wrote:

What a lucky guy.  Good for him for capitalizing on his advantages. 

He also omits that he invested this money into a larger project of his father's, under his father's guidance. He did not immediately "start buying properties". Further to his revision of history, he tried to play off the 17 million dollar loan as a "million dollar" loan until Matt Lauer called him on it.

In addition to his string of bankruptcies, he also made some really dumb investment moves. He could be much richer. Makes me wonder if he really has the smarts he claims to have regarding business.Trump's investments didn't even beat the stock indexes.
 "Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion. The S&P 500 has grown 1,336% since 1988."

The sad thing is, he probably thinks he really struggled.

This gave me a laugh, the man's net worth is $4 billion but by golly it could have been $13  if ony he'd made a better guess in the stock market. He must not be that smart.

The bankruptcies were his casinos in Atlantic City where many casinos stuggle to stay afloat. 
The man is an egotistical blowhard but to try and discredit the intelligence of a man worth billions just sounds petty.
 

Last edited by Caribou (10/26/2015 6:40 pm)

AdminShiny wrote:

I just saw the whole interview. He actually said "It has not been easy for me at all....I had to pay my father back, with interest..."

Poor lil muffin.

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yep you right he had to pay his father back with interest, I know that really hurt him to pay it back with interest

I don't disagree that Trump did well and made lots of money. What I am suggesting is that he is not the brilliant businessman that he portrays himself to be. He got millions in loans from his father, his father bought millions in casino chips to bail him out (wasn't enough, still went bankrupt) and paid off his loans. Even with all of this money, most experts agree that he didn't make very shrewd business decisions because if he had played the market in the smartest way, he would have tripled his income.

If you're running basically on the fact that you are the world's smartest businessman, your decisions will and should be held up to scrutiny.