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re: Are there really winners and losers in life?

Posted on 4/15/18 at 7:59 pm to
Posted by teke184
Zachary, LA
Member since Jan 2007
105190 posts
Posted on 4/15/18 at 7:59 pm to
You know Trump’s dad didn’t die until 1999, right?

Trump was a success in his dad’s business then went solo in about 1978.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 4/15/18 at 8:06 pm to
Yeah.

Google the Forbes article of you want the numbers are all there.

Trump has is a failure as a business person. Its not really debatable. The reason is he is too lazy to learn business he invested in in the past. Or too dumb. Or both.

He is an excellent conman and liar who excels at stiffing people and suing people though.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 4/15/18 at 8:06 pm to
quote:

Um, he inherited over $200 million. Forbes and others have already run the numbers to show he would be worth a lot more now if he had just put it in the stock market. They have also compared him to his peers of similar worth in the 1980s and 90 something percent have more money than trump does now.


Trump's father did not die until 1999, if he inherited 200 million and turned it into just one billion that was quite a accomplishment considering the level of his personal spending. By 1999 Trump had already been in business for 25 years, and was worth several hundred million. Forbes and the others that made the index fund comparison besides not having the correct timeframe, did not include any withdrawals. Trump was drawing out millions of dollars a year during that time period.
This post was edited on 4/15/18 at 8:07 pm
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 4/15/18 at 8:11 pm to
quote:

Trump was a success in his dad’s business then went solo in about 1978.


The business was worth about 10 million when Trump took over from his Dad, the $200 million that he inherited from his dad was the value of his Dad's share of the business he had been running for 25 years.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 4/15/18 at 8:11 pm to
Part of a longer article but an excellent synopsis.

Anyway, I'm moving along. Zero interest in spending time and effort on trump supporters anymore. The consensus on what a shady conman trump is and his failed presidency will be evident to all but his most hardcore irrational zealots soon enough. It's already apparent to most people.

quote:

However, I am unaware of anybody who has taken a serious look at Trump’s business who doesn’t believe that there is a high likelihood of rampant criminality. In Azerbaijan, he did business with a likely money laundererfor Iran’s Revolutionary Guard. In the Republic of Georgia, he partnered with a group that was being investigated for a possible role in the largest known bank-fraud and money-laundering case in history. In Indonesia, his development partner is “knee-deep indirty politics”; there are criminal investigations of his deals in Brazil; the F.B.I. is reportedly looking into his daughter Ivanka’s role in the Trump hotel in Vancouver, for which she worked with a Malaysian family that has admitted to financial fraud. Back home, Donald, Jr., and Ivanka were investigated for financial crimes associated with the Trump hotel in SoHo—an investigation that was halted suspiciously. His Taj Mahal casino received what was then the largest fine in history for money-laundering violations.
Listing all the financial misconduct can be overwhelming and tedious. I have limited myself to some of the deals over the past decade, thus ignoring Trump’s long history of links to New York Mafia figures and other financial irregularities. It has become commonplace to say that enough was known about Trump’s shady business before he was elected; his followers voted for him precisely because they liked that he was someone willing to do whatever it takes to succeed, and they also believe that all rich businesspeople have to do shady things from time to time. In this way of thinking, any new information about his corrupt past has no political salience. Those who hate Trump already think he’s a crook; those who love him don’t care.
I believe this assessment is wrong. Sure, many people have a vague sense of Trump’s shadiness, but once the full details are better known and digested, a fundamentally different narrative about Trump will become commonplace. 



Eta for link.

LINK
This post was edited on 4/15/18 at 8:13 pm
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 4/15/18 at 8:16 pm to
quote:

He is an excellent conman and liar who excels at stiffing people and suing people though.


TrumpU!

I know people personally who have never been paid for construction services for one of his failed devolpments in Florida. This the Spinosa guy in BR.

After Katrina when he wanted to build a hotel in Nola it wasn’t he opt out building here but there was not a firm that wanted to take on the project for him.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 4/15/18 at 8:46 pm to
“And there's winners, and there's losers
But they ain't no big deal
'Cause the simple man baby pays the thrills,
The bills and the pills that kill”
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/15/18 at 11:21 pm to
It's all subjective. One mans winner is another's chump.
Posted by llfshoals
Member since Nov 2010
21035 posts
Posted on 4/16/18 at 12:35 am to
I'd say so.

I know some people who have a fair bit of material wealth who I'd call a loser.

I have enough to get by on and enjoy life with a wonderful family. I'd call that winning

Really depends on what you value
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/16/18 at 12:42 am to
You post a link to a story from the mother fricking New Yorker as proof of something?

Why don't you just get the talking points directly from the democrat party?

I love the way bitches just cannot stand it that he is president. I hated obama but I just turned out until it was time for the election to replace him. It is every fricking day with the bitches who can't get over the election.
Posted by Robin Masters
Birmingham
Member since Jul 2010
36821 posts
Posted on 4/16/18 at 1:48 am to
Yes
I was born under a bad sign. I’ve been down since I began to crawl. If it wasn’t for bad luck, I wouldn’t have no luck at all.

Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
17073 posts
Posted on 4/16/18 at 8:06 am to
quote:

I have a semi-charmed kinda life but I am very charming, so it helps



Whatever, Mrs exo-fallopian tubes
Posted by whoisnickdoobs
Lafayette
Member since Apr 2012
9352 posts
Posted on 4/16/18 at 8:27 am to
To me winning is finding inner peace and happiness. Losers are those who live life complaining and blaming others for their problems.

So, yes there are winners and losers in life.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/16/18 at 8:33 am to
quote:




To me winning is finding inner peace and happiness.


Truth

A lot of "successful" people are losers. The only goal is death, it's 100% about the journey.
Posted by Centinel
Idaho
Member since Sep 2016
46710 posts
Posted on 4/16/18 at 8:55 am to
quote:

Especially 6 figures. That's pretty standard for anyone that's 5-10 years into their career.


OT gonna OT

Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 4/16/18 at 8:59 am to
quote:

See Theodore Roosevelt


Probably the most badass dude to ever live
Posted by REB BEER
Laffy Yet
Member since Dec 2010
18342 posts
Posted on 4/16/18 at 9:00 am to
Just remember this...the harder you work, the luckier you get.
Posted by Splackavellie
Bayou
Member since Oct 2017
13052 posts
Posted on 4/16/18 at 9:03 am to



Yes, there is.
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