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To: TheThirdRuffian

>>I guess my agenda is to not let Americans get suckered by a con man who pretends to be good at business.<<

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

I’m sorry, but this is just silly. Trump has created a major real estate company, and is personally worth $billions.

On what planet is this “pretends to be good at business?”


184 posted on 02/25/2016 9:10:46 AM PST by Disestablishmentarian (.)
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To: Disestablishmentarian

Trump is not remotely worth billions. Best estimates are in the low 100 millions.

To the extent he has money, it’s from fleecing investors.

But assuming (for argument’s sake) his claimed net worth of $4 billion is real, he’s done a piss-poor job.

If he had simply put his $400,000,000 inheritance in an indexed mutual fund he’d have way more money than even his current fanciful claims — $13 billion, specifically.

http://fortune.com/2015/08/20/donald-trump-index-funds/

And of course, that’s the barest level of performance.

Other billionaires’ net worths have beaten the stock market’s growth in that time. Bill Gates, for example, saw his grow increase 7,173% since 1988 to $80 billion. Warren Buffet’s wealth grew 2,612% in the same time period, to $67.8 billion.


186 posted on 02/25/2016 9:19:39 AM PST by TheThirdRuffian (RINOS like Romney, McCain, Trump, and Rubio are sure losers. No more!)
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