Well, he does know how to borrow money, default then declare bankruptcy.
400 successful businesses, 4 bankruptcies.
And you were saying?
Four chapter 11s in 40 YEARS of business, working with millions/ billions of dollars in Manhattan/east coast real estate. And he started out in the 70’s down market.
Let’s see you do better.
Please, show us YOUR bonafides.
JD Rockafeller once opined ( and I remember reading about this in the 5th grade, back in the 70’s), that he didn’t trust a man (in business) who hadn’t been through bankruptcy before?
Why?
Because he hadn’t learned a GD thing.
Not that you need to go through that to learn, just that the ones that went big, lost big.
And for those that think Donald walked away without a scratch, I suggest you read up on the court judgments passed down.
He took his lumps, learned, and moved on.
Trump has hundreds of successful businesses over the years. He has 4 of those that have gone through chapter 11 reorganization and NOT gone through chapter 7 ‘walk away’ bankruptcy.
That is a 99% success rate. Most businesses fail. His success rate is extraordinary.