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re: Breaking: CNN reporting that 10 years of Trump’s tax returns have been given to the NYT.
Posted on 5/9/19 at 9:44 am to StrongSafety
Posted on 5/9/19 at 9:44 am to StrongSafety
Anyone who says Trump is a bad business man has to be an idiot. How fricking stupid are you? Because some of his projects failed? You fricking idiot, EVERY BILLIONAIRE has a long list of failures. Every billionaire exploits the system.
It's why they are billionaires. They have balls of steel and use them to take risk to make more money than any of us could imagine.
Why don't you go read "Art of the Deal". Best business negotiating book there is. Hands down. No question. His mind is brilliant when it comes to making things happen in the business World.
You have to be so far beyond stupid to think a Billionaire has no business sense. One called the King of New York. Once considered the best investor in the country. Man shoots gold out of his arse because he simply wins.
God liberals are fricking dumb.
It's why they are billionaires. They have balls of steel and use them to take risk to make more money than any of us could imagine.
Why don't you go read "Art of the Deal". Best business negotiating book there is. Hands down. No question. His mind is brilliant when it comes to making things happen in the business World.
You have to be so far beyond stupid to think a Billionaire has no business sense. One called the King of New York. Once considered the best investor in the country. Man shoots gold out of his arse because he simply wins.
God liberals are fricking dumb.
Posted on 5/9/19 at 11:03 am to Gatorbait2008
quote:There is a big difference between some projects or smaller parts of a business failing and huge parts of the core businesses going into bankruptcy. Microsoft Zune failed, but Trump's failures would have been more like Microsoft's software wing failing and being sold off in bankruptcy.
You fricking idiot, EVERY BILLIONAIRE has a long list of failures.
Furthermore, a large portion of billionaires had only a fraction of a percent of the support from their families that Trump had. Just look at the 3 richest people in the world: Bezos, Gates, and Buffet. All 3 grew up in middle to upper-middle class families (although Buffett's father was a congressman). Trump's "allowance" allowed him to be millionaire by the time he was 8, and it was in the millions annually when he was attending college. He was getting a $60.7 million loan, which was never paid back (at least in full), given huge rental properties to manage, and was provided tens of millions in gifts or bailouts along the way. And that was before he inherited an addition $200ish million in 2004.
quote:If trump only invested 20% of the $60.7 million loan from 1975 in the total stock market, and lost every other penny that was given to him, up until his inheritance, he would have been worth the same $788 million Deutsche Bank estimated after a thorough record of his financial records in 2005.
His mind is brilliant when it comes to making things happen in the business World.
In other words, take your typical american putting their money towards their 401k, IRA, etc., owning a primary residence, maybe owning a rental property or two, and maybe working some side jobs on the side would WITHOUT any financial assistance from their parents. Then take Trump's "business performance" based INCLUDING the financial assistance from his father. And the end result would show the average american with no assistance, would have had far greater performance, than Trump with assistance.
I mean yeah, I would prefer to have been a businessman $800 million after being given $500 million than being a businessman worth to $2 million after being given $0, but the businessman $2 million businessman would have a far more impressive business performance.
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