MAMEWorld Forums - Welcome to the War Room - Re: Native American drum guy situation

> I'm at a loss to define his "SUCCESSFUL companies". Trump Airlines? Trump Mortgage?
> Trump University? All of his "successes", it seems to me, are just of matter of him
> attaching his name to someone else's work product, and even that (see "Trump: The
> Game" or "Donald Trump: The Fragrance") doesn't usually work the way he intends.
>
> It's well known that if he'd just taken Papa Trump's money and put it in S&P futures
> and spent his days at home masturbating, he'd have far more money than he claims to
> have now. And you have only his word that he's a billionaire, and we all know now
> what that's worth.

Yeah, that's the thing. He was born into a lot of money, and just throws it at the wall until something sticks. He's been largely unsuccessful outside of real estate. Most people don't have the luxury of being handed enough money on a silver platter to use that strategy. It's a pretty bad indictment on him that he would've done a hell of a lot better by putting the money in low-fee index funds.

He's not Elon Musk who got damn lucky with PayPal being exactly the right product at the right time. He's not Warren Buffet who made a fortune with rational level-headed investments rather than chasing fads. He's not Richard Branson who built a string of successful businesses through hard work and persistence. He's not John C. Bogle who had the insight to charge low fees for funds that provide relatively stable returns. He's not Ray Kroc who built and aggressive franchising model and leveraged that to require franchisees to rent real estate off his other company. He's not Rupert Murdoch who brutally did whatever it took to build a global media empire.

There aren't any cases where Trump's shown himself to be a shrewd businessman. The one thing he's good at is self-promotion.