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Forbes: Donald Trump financial genius (Read 185 times)
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Forbes: Donald Trump financial genius
10/07/21 at 01:03:39
 
This is just some financial facts from Forbes, forget about him dropping off the 400 list read on to the bit about how by not divesting as the ethics committee wanted him to do, he has ended up losing $2 billion.

Donald Trump financial genius.


If Trump is looking for someone to blame, he can start with himself. Five years ago, he had a golden opportunity to diversify his fortune. Fresh off the 2016 election, federal ethics officials were pushing Trump to divest his real estate assets. That would have allowed him to reinvest the proceeds into broad-based index funds and assume office free of conflicts of interest.

https://www.forbes.com/sites/danalexander/2021/10/05/donald-trump-falls-off-t...
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Re: Forbes: Donald Trump financial genius
Reply #1 - 10/07/21 at 04:22:40
 
One Adam 12, one Adam 12, see the motorcycle  form about a drive-by shooting.
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Re: Forbes: Donald Trump financial genius
Reply #2 - 10/08/21 at 19:35:53
 
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Re: Forbes: Donald Trump financial genius
Reply #3 - 10/09/21 at 03:44:01
 
So basically what you’re saying is Trump lost money in politics while everyone else (like Puddinhead Joe) makes a fortune in politics. Got it.
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Re: Forbes: Donald Trump financial genius
Reply #4 - 10/09/21 at 07:49:22
 
Watching people who never have a tenth of Trump's fortune criticize him.

Fun..


Yeah, and if Trump had made a lot of money, you don't suppose there would be another investigation, do you?
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The people never give up their liberties but under some delusion.- Edmund Burke.
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Re: Forbes: Donald Trump financial genius
Reply #5 - 10/09/21 at 08:41:59
 
The king of corruption and bankruptcy.
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Re: Forbes: Donald Trump financial genius
Reply #6 - 10/09/21 at 18:00:37
 
You’ve know Trump for 25-30 years. You know him because he’s successful. In fact, when you leftist thought he was a Democratic, you loved him.

And people want to point out the few bankruptcies Trump had, ignore the dozens and dozens if not hundreds of successes he’s had.

Unlike Pudd’nhead Joe, who sold his VP office for millions, Trump lost millions.

But the title of this thread is correct, Donald Trump is a financial genius.
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Re: Forbes: Donald Trump financial genius
Reply #7 - 10/10/21 at 08:17:22
 
Name a success...
Vodka, nope.. steaks, nope,... Trump U, nope,... casino, nope... airline, nope...
Golf courses losing money, hotels losing money, apartments losing money.
Made a lot on a reality show, pretending to be a successful businessman.

Maybe a small fortune on MAGA hats.  Huh
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Re: Forbes: Donald Trump financial genius
Reply #8 - 10/10/21 at 09:52:16
 
Yep, Trump is struggling. That’s what he gave up to be president. Biden on the other hand will clean up being president because he’s a corrupt crooked little pudding head.

Trump has properties and businesses all over the world.
Like I said, you’ve known him and loved him for 25 years until he was a Republican. I’ve stayed in his hotels,  eaten his restaurants and played on one golf course. I saw one of his hotels overseas but didn’t stay there.

You just work for people like Trump.
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Re: Forbes: Donald Trump financial genius
Reply #9 - 10/10/21 at 15:38:48
 
WebsterMark wrote on 10/10/21 at 09:52:16:
Trump has properties and businesses all over the world.


Trump has failing properties and businesses all over the world.
Most bought with daddy's money or on credit.
He's mortgaged to the hilt, and the bills are coming due.
His name is being removed from everything.
He was nothing more than a brand, and now his name is mud.

He claimed his DC hotel made $150M when it actually lost $70M.  Scottish golf courses never made a dime.
Deutsche Bank is severing ties and wants their money now.
Shittes creek...  Grin
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Re: Forbes: Donald Trump financial genius
Reply #10 - 10/10/21 at 17:44:09
 
Everybody buys sh!t on credit, including you. Daddy staked him a $1 million and he turned it into $1 billion. Look I get it you don’t like Trump cause he’s not emasculated,  but don’t be ridiculous and say he’s a bad businessman because that’s the only reason why you knew who he was 20 or 30 years ago.
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Re: Forbes: Donald Trump financial genius
Reply #11 - 10/10/21 at 19:06:03
 

Everybody buys sh!t on credit, including you.


 I have not used credit.

As for Trump I would say, and have long before he was POTUS, that the 1million is a significant hurdle to reach, especially back then.  He skipped a long very unforgiving process.  Trump exhibits CEO behaviors but I can't say he exhibits strong financial prowess in regards to efficient money handling.  

 As an Entertainer, as a "Mogul" sure he does fine, and can make money for himself.  I wouldn't want him making financial decisions for my money though.

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Re: Forbes: Donald Trump financial genius
Reply #12 - 10/11/21 at 07:14:55
 
Quote:
Eegore wrote on 10/10/21 at 19:06:03:
" ...
 I have not used credit.  ..." 


I haven’t used credit in 20 + years.
But to get to this point,
there was a time it was necessary.

I and Billions like me,
   have used credit,
so at one point they would not have to.

    (About)
0-15, parents paid.
Next 15. To 30 years old.
  One needed Credit, unless they had a Silver Spoon, or lived hand to mouth.
Next 15. To 45 years old,
  One needed much less credit,
   If they lived hand to mouth, they are still living hand to mouth.
Next 15. To 60 years old.
   They should need no credit,  
   except for the convenience of a CC, that is paid off every month.
  (If they lived hand to mouth, then they get a Social Security check.
   Which is a PALTRY sum,
     which SHRINKS each year,
       which they were FORCED to pay in to)


Next 30 + years.
   Shoveling OFF the pile they have created,.

You say:
“…I have not used credit…”
So what was your,
  Silver Spoon ?


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Ben Franklin once said: "If you give up a freedom, for the sake of security, you will have neither".
Which is More TRUE, today, than yesterday.('06, S-40, Stock) well, mostly .
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Re: Forbes: Donald Trump financial genius
Reply #13 - 10/11/21 at 08:11:31
 
Eegore wrote on 10/10/21 at 19:06:03:
Everybody buys sh!t on credit, including you.


 I have not used credit.

As for Trump I would say, and have long before he was POTUS, that the 1million is a significant hurdle to reach, especially back then.  He skipped a long very unforgiving process.  Trump exhibits CEO behaviors but I can't say he exhibits strong financial prowess in regards to efficient money handling.  

 As an Entertainer, as a "Mogul" sure he does fine, and can make money for himself.  I wouldn't want him making financial decisions for my money though.

 


Hats off to you then sir. I will edit my remarks and say the vast majority of people use credit to buy a house car etc. Trump has made an off a lot of people money. I’m not sure how many people he’s employed over the years (The only people Pudd’nhead Biden has made money for is his co-conspirators)  but I’m guessing Trump could have employed 100,000 people over his career.  I don’t know. I know the one Trump steakhouse we ate in for work we gave our waiter a monster tip!

Our fair and balanced moderator just simply hates Trump. He hates him because Trump ended the coronation of queen Hillary and he’ll never forgive him for that. Trump could have come out as a Democrat and he would be fawning over him the same way he does over Obama.
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Re: Forbes: Donald Trump financial genius
Reply #14 - 10/11/21 at 08:21:58
 
What would you be doing?...


PS... the "small $1 million dollar loan" is bunk.
More like $400M...
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