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re: BMW "not budging" on Mexican plant

Posted on 1/16/17 at 2:54 pm to
Posted by Tigerdev
Member since Feb 2013
12287 posts
Posted on 1/16/17 at 2:54 pm to
You misunderstand me. I am attacking the notion that he is some sort of business genius because he grew a company with a loan from his rich father at a rate akin to an unmanaged mutual fund. We are so fricked
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10246 posts
Posted on 1/16/17 at 3:04 pm to
I think the rate of growth has been a bit better than an unmanaged fund. Notwithstanding all of the articles, based on mostly nothing, about Trump doing better in an index fund. Elizabeth had holdings of below $500K in more recent dollars. Fred built it.

Don took over in 1971.

Neither here nor there. I looked at some of the history prior to the Iowa caucuses, including the causes of the Atlantic City failures. He is neither as incompetent as you might wish, or as much of a self made man that others might wish. He has borrowed a lot of money, and has largely paid most of that back.
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