It might help you inform your opinions if you read his book from the 1980’s, “The Art of the Deal.” I read that book then and thanks to the thinking process I learned, I now have double the net worth to survive retirement than I would have had without reading it. One thing that struck me was that he studied at Wharton School of Economics because he realized it produced entrepreneurs, whereas Harvard, where he was also accepted, was producing corporate CEOs (capitalists). I do believe that the kind of “greed capitalism” that results in overpaid top executive who do nothing exceptional, who send jobs overseas to cheap labor so stockholders can get enough dividends to not complain, etc., is ruining America. I was outraged in 2008 when my GE stock plunged from $50 to $5 a share, and then saw that the top 7 executives had pay ranging from $11 to $22 million over the same period. When will stockholders stop putting up with this outrage and demand representation on compensation boards, instead of allowing the current well paid back scratching racket that exists on most big corporations’ guiding bodies.
What an interesting comment and I agree with you about the Harvard types. You put into words what I’ve felt about Harvard people - they’re out for themselves and feel entitled to their arrogance. I work at a company that has gone global (needless to say quite a few Harvard types around here) and have watched the effects of this - our AP dept, that was low paid but nevertheless loyal for years - was all laid off because their jobs were sent to India. Very distressing. This company may be based in our state but that’s not where the loyalty is.
A good friend of mine went to Wharton and ran a highly successful family business for years that employed many people. How interesting that DT chose Wharton for this reason. I wish more people knew this - I think even though he has a rough edge or two that he is brilliant and highly capable of doing what we need.