Is Trump a good businessman?

[Deleted]

Donald Trump Would Be Richer If He'd Have Invested in Index Funds


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

Trump’s net worth has grown about 300% to an estimated $4 billion since 1987, according to a report by the Associated Press. But the real estate mogul would have made even more money if he had just invested in index funds. The AP says that, if Trump had invested in an index fund in 1988, his net worth would be as much as $13 billion.

The S&P 500 has grown 1,336% since 1988.

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.

Another recent Associated Press report found that Trump is a much more cautious businessman than he lets on. “He holds few stocks for someone of his wealth and has grown increasingly dependent on making money by lending out his name to others rather than developing real estate himself,” the AP wrote.

Another link

https://www.vox.com/2015/9/2/9248963...ump-index-fund

"It takes brains to make millions," according to the slogan of Donald Trump's board game. "It takes Trump to make billions." It appears that's truer than Trump himself might like to admit. An analysis suggests that Trump would've been a billionaire even if he'd never had a career in real estate, and had instead thrown his father's inheritance into a index fund that tracked the market. His wealth, in other words, isn't because of his brains. It's because he's a Trump.

In an outstanding piece for National Journal, reporter S.V. Dáte notes that in 1974, the real estate empire of Trump's father, Fred, was worth about $200 million. Trump is one of five siblings, making his stake at that time worth about $40 million. If someone were to invest $40 million in a S&P 500 index in August 1974, reinvest all dividends, not cash out and have to pay capital gains, and pay nothing in investment fees, he'd wind up with about $3.4 billion come August 2015, according to Don't Quit Your Day Job's handy S&P calculator. If one factors in dividend taxes and a fee of 0.15 percent — which is triple Vanguard's actual fee for an exchange-traded S&P 500 fund — the total only falls to $2.3 billion.

It's hard to nail down Trump's precise net worth, but Bloomberg currently puts it at $2.9 billion, while Forbes puts it at $4 billion. So he's worth about as much as he would've been if he had taken $40 million from his dad and thrown it into an index fund.

So besides all that do you think he's a good businessman

[Sky High]

Yeah but being a faceless investment banker doesn’t get your face on a smash hit board game!

[cubby]

Donald Trump Would Be Richer If He'd Have Invested in Index Funds


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

Another link

https://www.vox.com/2015/9/2/9248963...ump-index-fund

So besides all that do you think he's a good businessman

I'm sure this will be a shock, but no, I don't think he's a good businessman. He was given everything in life and still couldn't make it a real success. Don't get me wrong, he sure had fun, and fucked most everyone he did business with over (a good trait in a narcissist), and of course by many standards his is the penultimate of success. But his house of cards will fall soon enough.

[Kalis]

Trump is remarkably good at branding.

As to whether or not he is good at business, you can’t really tell that from a simplistic comparing of how much he’d be worth if he’d invested in index funds, as that doesn’t take into account his spending habits.

I’d guess that Donald ‘gold plate everything’ Trump spends quite liberally, so you’d need to subtract how much he’d spent in order to compare what he’s worth to what he might have been worth.

[Deleted]

He's probably better than me, but im sure there are people who are better than him.

[Kaleredar]

He managed to sell a massive load of horseshit to almost the majority of the American voting public, so... I guess?

[callipygoustp]

He's not bad but I would never describe has a good businessman.

[kaelleria]

Absolutely not. He bankrupted casinos in the early 2000s. That takes exceptionally bad business acumen.

[Flutterguy]

I wish I was a terrible businessman.

[Cheze]

he has the rare distinction of going bankrupt in the casino business not once, but twice

ironically he seems to have done pretty well post-Apprentice, once he stopped actually trying to develop properties or businesses and just started licensing his name

[Celista]

I don't think most people who know anything about business or investments think he's a good businessman. There's a reason that he openly tries to appeal to the "poorly educated" (his words).

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I wish I was a terrible businessman.

Should have had your father set up the current-day equivalent of a $4M trust for you in the 70s. And given you a multi million dollar loan in the 80s.

https://www.washingtonpost.com/polit...-give-his-son/

[ExileOC]

He is a performance artist in the guise of a businessman.

[Flutterguy]

I don't think most people who know anything about business or investments think he's a good businessman. There's a reason that he openly tries to appeal to the "poorly educated" (his words).

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Should have had your father set up the current-day equivalent of a $4M trust for you in the 70s. And given you a multi million dollar loan in the 80s.

https://www.washingtonpost.com/polit...-give-his-son/

It's almost like family take care of each other. But a couple million and he's a billionaire. That doesn't just happen. Are you saying his dad gave him billions?

[Ave07]

He is good at marketing that's for sure.

[Celista]

It's almost like family take care of each other. But a couple million and he's a billionaire. That doesn't just happen. Are you saying his dad gave him billions?

Do you understand index funds and compound interest? All he would have had to do was invest what his father gave him in the stock market and hold, and he'd be worth three times more than his current worth.

[Flutterguy]

Do you understand index funds and compound interest? All he would have had to do was invest what his father gave him in the stock market and hold, and he'd be worth three times more than his current worth.

Three times? Which stocks would he have invested in? Sounds like you've done a lot of research.

[Celista]

Three times? Which stocks would he have invested in? Sounds like you've done a lot of research.

...do you not know what an index fund is?

[Flutterguy]

...do you not know what an index fund is?

Educate me.

[Celista]

Educate me.

Google is that way --->

[mvaliz]

I believe as I always have - and it seems my thoughts on his "buisness prowess" are correct.

Basically he's been a spoiled boy surrounded by ACTUAL businessmen since his daddy passed him the empire. He THINKS he's a good buissnessman because he has the final say-so as to what the other ACTUAL buissnesman created.

In short, Dumbass Dump is only as good as the people he surrounds himself with - because that's how he lived his life, as a spoiled hedonistic brat who didn't ever have to do an actual ounce of REAL work in his life. He thinks he's actually worked, but he hasn't.