Trump 2025

Quote: AZDuffman

Business bankruptcies happen. The happen when you go out in the world and build businesses instead of giggling about spending your life in “public service “ and whatever is do great about that I have no idea.

Could the average person have turned $1 million into billions? Doubtful at best.

No, but the above average and the exceptional have turned much less in to much more, and not single bankruptcy between them.

And what is his true net worth? He may have billions in assets, but I'm willing to bet he's leveraged up to his eyeballs.

I think worrying about whether T. is self made or not is one of the criteria for clinical level Derangement syndrome, enough to get yourself committed

Quote: GenoDRPh

No, but the above average and the exceptional have turned much less in to much more, and not single bankruptcy between them.

And what is his true net worth? He may have billions in assets, but I'm willing to bet he's leveraged up to his eyeballs.

Again, lots of successful men have had business bankruptcies along the way. It happens when you take risks. Several POTUSs have had them.

Quote: odiousgambit

I think worrying about whether T. is self made or not is one of the criteria for clinical level Derangement syndrome, enough to get yourself committed

The TDS crowd wants to make us think Trump had it all handled to him like Hillary did.

Better start giggling, Duffman

Kamala Harris
Rank: 38th in the Senate
with an estimated net worth of $3,499,026 in 2018.

That's 7 years ago.

Quote: odiousgambit

I think worrying about whether T. is self made or not is one of the criteria for clinical level Derangement syndrome, enough to get yourself committed

If you think Trump should be compared to people who actually worked their way from the bottom. Fine with me. It's not true though.

Quote: rxwine

Better start giggling, Duffman

Kamala Harris
Rank: 38th in the Senate
with an estimated net worth of $3,499,026 in 2018.

That's 7 years ago.

Probably most of that is her primary residence. 38th means she is pretty average.

OTOH no idea how much campaign and other funds she skimmed.

Quote: rxwine

What was SOOPOO making when he was 3 years old?

Trouble.

But to get at the meat of your point…..

Trump has outperformed over 99% of those that had similar advantages. FACT.

He’s turned millions into billions. Having ignored the emoluments clause, he’s gotta be worth over 10 billion by now. You may not like HOW he did it, there are less than 200 people in the world richer than DJT.

I use this (real life) example as an analogy. One year I put $10k into 3 separate stocks. 2 went bankrupt, one soared to a 10 bagger. Are you saying I’m a failure at investing because 2/3 of my picks went bankrupt?

Following up on "Fred Trump — along with the Hyatt hotel chain — jointly guaranteed the $70 million construction loan from Manufacturers Hanover bank, “each assuming a 50 percent share of the obligation and each committing itself to complete the project should Donald be unable to finish it,” according to veteran Trump chronicler Wayne Barrett in his 1992 book, “Trump: The Deals and the Downfall.”

______________

Whoa...will the circle be unbroken?

Hyatt was very much "mob-connected" and gee, wouldn't you know who owns Hyatt?

The Pritzkers...Trump's possble opponent in 2028 happens to be a Pritzker.

Which mob-connected "don" do you want at the helm?

Small world...bwa ha ha ha

Quote: SOOPOO

Trouble.

But to get at the meat of your point…..

Trump has outperformed over 99% of those that had similar advantages. FACT.

He’s turned millions into billions. Having ignored the emoluments clause, he’s gotta be worth over 10 billion by now. You may not like HOW he did it, there are less than 200 people in the world richer than DJT.

I use this (real life) example as an analogy. One year I put $10k into 3 separate stocks. 2 went bankrupt, one soared to a 10 bagger. Are you saying I’m a failure at investing because 2/3 of my picks went bankrupt?

Comparison doesn’t tell me much. How many of those people were trying to become wealthy? (I’m trying to imagine Trump wasn’t actually focused on making a lot of money, but I don’t have that much imagination to believe that.).

Trump, multiplied his networth around 4500 times starting from the 1 million mark. Oprah, 150,000 times. (Those are just rough estimates and could well be based on wrong info)

You didn’t tell me how the stock that hit big was due to your business acumen? If it was, explain why you were so clever. Then I will judge if you were a success and not like a lottery winner.

And I still don’t buy the 1 million start. Doesn’t fit the facts.