Started By
Message

re: Let's be real...the DJT stock is a meme stock and will come back to reality soon

Posted on 4/16/24 at 4:41 pm to
Posted by BBONDS25
Member since Mar 2008
48797 posts
Posted on 4/16/24 at 4:41 pm to
quote:

Yes. Point to anything of actual value Trump has created over the years.


You forgetting his real estate empire? You don’t think any of his other hundreds or thousands of ventures brought anything of value? You think he got all of his money from the three failed ventures mentioned? Good Lord.
Posted by DisplacedBuckeye
Member since Dec 2013
73117 posts
Posted on 4/16/24 at 4:42 pm to
quote:

Trump has created

quote:

his real estate empire


Posted by TDTOM
Member since Jan 2021
15010 posts
Posted on 4/16/24 at 4:42 pm to
His golf course portfolio is pretty strong.
Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 4/16/24 at 4:43 pm to
Maybe you should check out what happened the last time he brought a company public under the same symbol.

This will end up the same way, but I doubt it'll take 10 years this time.
Posted by BuckyCheese
Member since Jan 2015
50115 posts
Posted on 4/16/24 at 4:44 pm to
quote:

You don’t think any of his other hundreds or thousands of ventures brought anything of value?


List them.
Posted by OzonaOkapi
Patrolling the Edwards Plateau
Member since Apr 2024
400 posts
Posted on 4/16/24 at 4:51 pm to
Whatever else he may or may not be, Trump is a talented salesman. Always has been. And his most successful endeavors have always involved the sale of his own name.

Does that translate to Trump Social, for anything resembling "long term?" Maybe, but I doubt it. In the past, he has traditionally started with something (usually real estate) already having significant value, and managed to enhance that value by adding the "cachet" of his name ,,. and some cheap and trashy gold plating. With Trump Social, he started with something having zero intrinsic value (almost no assets, and losing money hand over fist), and he is hoping that his name will give it enough value (for long enough) to allow him to cash out at a significant profit to himself ... not from a successful operation, but from a name-created bubble in value.

Yes, the company has some market value now, but so does GameStop. My best guess is that eventually the music will stop, and a lot of people will find themselves with nowhere to sit and owning the portfolio equivalent of a closet full of Beanie Babies.
This post was edited on 4/16/24 at 5:28 pm
Posted by Big Scrub TX
Member since Dec 2013
33651 posts
Posted on 4/16/24 at 4:52 pm to
quote:

You forgetting his real estate empire?
I'm not forgetting the money he personally extracted from real estate, no.

quote:

You don’t think any of his other hundreds or thousands of ventures brought anything of value?
To many people other than himself? No.

quote:

You think he got all of his money from the three failed ventures mentioned? Good Lord.
I never said that. Why are you so emotional on this topic? It's weird.

Here a few billionaire value-creation examples I can think of where Trump did nothing even vaguely comparable:

Steve Jobs - Apple

Mark Cuban - various tech ventures

Peter Thiel - PayPal and then early investor in other, major ventures that are now public equities with massive market caps, enriching millions of others over the years

Can you point to any entity - public or private - that Trump created with his own wisdom or know-how that has built broadly spread value for thousands/millions of others?

His "creations" have been extractive - AND have started from a very high based (hundreds of millions of inherited dollars at a time when almost all markets were at low points).

I still contend he has radically underperformed given the inputs. He's a Wharton grad. I would submit that the average Wharton grad of the same vintage as him and given the same free money would have done WAY better than he's done.

shite, he claimed in 2016 to be worth $10B. If that were true (which we know it wasn't), he'd be hard pressed to be worth less than $20B now. How did he conceivably manage to lose money in one of the craziest bull markets (not just in stocks, but in real estate also) of all time?

Why is Ken Griffin worth $40 Billion and Trump only whatever he says he is?

first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram