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IS/WAS PRESIDENT DONALD TRUMP A BAD BUSINESSMAN?

Posted on 02/09/2024 9:46:00 PM PST by 7thson

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1 posted on 02/09/2024 9:46:00 PM PST by 7thson
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To: 7thson

His net worth is in the billions. How bad a businessman can he be? And he got it by building things, not through politics.


2 posted on 02/09/2024 9:47:34 PM PST by mbrfl
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To: 7thson

No, he isn’t a bad businessman. He’s a bad husband, but a great businessman.


3 posted on 02/09/2024 9:49:18 PM PST by Jemian (So many people, too few voodoo dolls)
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To: 7thson

He is a badly flawed human and a bad husband but a good businessman.


4 posted on 02/09/2024 9:52:19 PM PST by nwrep
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To: nwrep
He is a badly flawed human

What politician isn't?

5 posted on 02/09/2024 9:52:54 PM PST by dfwgator (Endut! Hoch Hech!)
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To: 7thson

I don’t remember where I read the long article, but it basically says this:

His father Fred was a tough businessman good at business, but he was a “slumlord” and that was not prestigious.

He wanted to up the image so he made Donald the face of upscale business, but just the face ... Fred Trump still ran everything.

After his father died Donald Trump made a series of business decisions that didn’t work out and was near bankrupt. There is a video where he points to a homeless guy in NYC and says that guy is richer than me.

Becoming a TV star saved him and he made a lot of money from The Apprentice.


6 posted on 02/09/2024 9:55:09 PM PST by Krosan
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To: nwrep

Not to mention, a great President


7 posted on 02/09/2024 9:55:36 PM PST by libh8er
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To: 7thson

He’s had his ups and downs. I think he’s a sloppy businessman and as president we see he’s a horrible judge of character. His personal life is bad and costing him time and again. Politically he lacks discipline, patience, and ability to negotiate, leaving his changes fleeting at best, often DOA. His legacy was shortlived as his EOs and successes were overturned and reversed immediately upon leaving the White House.


8 posted on 02/09/2024 9:57:08 PM PST by Reno89519 (If Biden is mentally unfit to stand trial, he is mentally unfit to be president. He needs to resign.)
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To: dfwgator

He is a badly flawed human

—What politician isn’t?

——-

What human isn’t?


9 posted on 02/09/2024 9:58:50 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: 7thson

Back in the 80’s he was the quintessential rich businessman.


10 posted on 02/09/2024 10:01:57 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: 7thson
Donald Trump allegedly received hundreds of millions of dollars from his father. Donald Trump is now allegedly worth billions.

So is he a good businessman? Yes.

Trump’s 6 bankruptcies were all corporate and all appear to be strategic-fairly common in the real estate game. Knowing when to fold ‘em is also evidence of being a good business man.

11 posted on 02/09/2024 10:03:04 PM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: 7thson

Lets change the subject from Biden’s senility...


12 posted on 02/09/2024 10:05:15 PM PST by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS-REMEMBER REV. NIEMOLLER)
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To: dfwgator

True


13 posted on 02/09/2024 10:07:50 PM PST by nwrep
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Comment #14 Removed by Moderator

To: 7thson

He multiplied a $400 million inheritance into a $5 billion (approximate) personal net wealth. I don’t think that’s bad at all.

Those who deride him claim that he could have done better if he just invested his money. I always ask these financial geniuses where I should put my net wealth for the next years, but they never seem to answer.


15 posted on 02/09/2024 10:14:44 PM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: thegagline

Agreed. Trump had 5 to 7 bankruptcies from what I can figure. The number varies from story to story, but this number is in your range. He invested in, what, 500 real estate deals? And 6 come back as needing bankruptcies? When 50 % of new startups in the US fail, I like the odds of investing with Trump. And of the bankruptcies, how many of them were saddled with so much debt, that it was near impossible to salvage those businesses.


16 posted on 02/09/2024 10:22:50 PM PST by mfish13 (Elections have Consequences.)
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To: 7thson

I’d say he’s the best President since Ronald Reagan.


17 posted on 02/09/2024 10:25:16 PM PST by No name given (Anonymous is who you’ll know me as)
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To: 7thson

I would walk through hoops of fire and over broken glass to vote for him.

Contrary to some other recent posts Trump like every other leveraged real estate mogul was a beneficiary of the emergency zero percent interest rates that lasted for ten years.

Everyone is a good businessman when the market is going up.


18 posted on 02/09/2024 10:25:45 PM PST by Freest Republican (This space for rent)
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To: ifinnegan

Exactly.


19 posted on 02/09/2024 10:26:11 PM PST by No name given (Anonymous is who you’ll know me as)
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To: Krosan

Trump’s real estate mistakes was not sticking with what he knew, which was residential and commercial. For the casinos, he swung for the fences, which is not always wise.


20 posted on 02/09/2024 10:26:20 PM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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