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Should Donald Trump be considered a renowned real estate investor?

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InstantNoodles

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I was a big fan of his back in college. I even read a few of his books and occasionally watched the apprentice. Reading this though changed my mind:

Several media organizations recently reported that he should have retired 30 years ago. Basically, he was worth $500 million in 1982. If he sold his real estate holdings then and invested in a S&P500 index fund, his fortune would have grown to $20 billion. This compares with a networth of $10 billion today.

His casinos went into bankruptcy.

Now what he's got talent for though is showbiz. He is VERY charismatic and VERY entertaining. In fact, that's what a large part of his networth comes from. Getting exposed to the public allows him to build the Trump brand, which he then licenses to real estate developers globally.

But once again, this whole thing is an act. This guy doesn't even compare to real estate moguls like Mortimer Zuckerman or Sam Zell.
source:
http://ventureask.com/qa/1/how-much-business-skill-does-donald-trump-actually-have
----
What do you think?
 
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jec1521

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I think he has more of what makes a successful businessman successful than anyone else, that is the desire to always achieve more than what he already has (AKA balls)
 

Fox

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Several media organizations recently reported that he should have retired 30 years ago. Basically, he was worth $500 million in 1982. If he sold his real estate holdings then and invested in a S&P500 index fund, his fortune would have grown to $20 billion. This compares with a networth of $10 billion today.

LOL while he sat at home and ate noodles for nearly 40 years. When you do the research on this the maths don't add up. It assumes he liquidated everything at the time (with high estimates on their value) and it also assumes that everything he had was invested and reinvested continuously. Basically he would have no money until "today" when he cashed out. Its a classic slowlane soundbite.

Think of all the things Trump has enjoyed through out his life and he still has billions. But maybe he would have a few billion more if he never spent a penny and put it all in stocks? When should he have cashed out and started enjoying life? He is nearly 70, the average lifespan of an American is 78.

But he would have more billions for those last 8 years! [HASHTAG]#robertkiyosaki[/HASHTAG]
 
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Vigilante

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If I took $10 in 1970 and put it into Wal-Mart stock, and then applied slow lane math to it...

You can't look at history through the lens of today and speculate on how someone else might have done something else differently to achieve a different outcome.

The same people doing this analysis work for a sub $100k salary for media organizations as hired and dispensable bitches, and have never built shit.
 
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Vigilante

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LOL while he sat at home and ate noodles for nearly 40 years. When you do the research on this the maths don't add up. It assumes he liquidated everything at the time (with high estimates on their value) and it also assumes that everything he had was invested and reinvested continuously. Basically he would have no money until "today" when he cashed out. Its a classic slowlane soundbite.

More and more around here, I am starting to ask myself "what does the fox say?"

Your point was spot on. Speed+
 

CPisHere

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This is silly. Their analysis assumes he spent $0 the past 30 years, in reality he got divorced and spent a ton of money.

Of course Trump is an insanely successful businessman. And the 'Trump Brand' that allows him to make so much money licensing was only possible because of all the success he achieved on his own before he had a brand.

He's succeeded in real estate, business, had a best-selling book, hit TV show, etc and in a few months he will be President of the United States.
 

Vigilante

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I knew a guy that bought a 747, hollowed it out, built into it a bedroom, a board room, and a lounge. He would fly around the country in his 747, usually with only a few people on it, and occasionally with himself as the only passenger. (true story).

If he had only taken that money and put it into a 401(k)
 
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Sheps

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There is one other slow lane focus here. It is looking at someone else and rather than learn from their method and success, try to critique and break down the ways in which they could have done it better.

It is akin to imaging what you would do with lottery winnings. Neither will help you build your biz.
 

Vigilante

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There is one other slow lane focus here. It is looking at someone else and rather than learn from their method and success, try to critique and break down the ways in which they could have done it better.

It is akin to imaging what you would do with lottery winnings. Neither will help you build your biz.

True.

All I am worried about is how I finish scaling the mountain I am on.

I honestly couldn't give two F*cks if Donald Trump is worth $10b or $20b.

12974492_873636776080761_3781982355392928684_n.jpg
 

jazb

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Whats really funny are when Bernie Sanders supporters use this as a critique. I mean...really ?

(not directed at you OP)
 
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Shades

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"I was a big fan of his back in college. I even read a few of his books and occasionally watched the apprentice."

This is the type of lie people say right before they are about to post nonsense. Trying to make themselves not seem biased.

Ive seen this lame talking point many times. And its complete BS made up by someone who clearly has no clue.

You can like Trump or not like Trump. But dont look foolish by regurgitating ridiculous talking points.

"He went bankrupt 4 times". Hmmmmm. So you are saying a entrepreneur failed a few times? Unheard of. And out of what im guessing are dozens of businesses. Ugh, if only he put his money into the S&P! His net worth is really 5 billion not the 10 billion he claims! Oh, well in that case man what a loser.
 

Vigilante

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I closed this down as it was certain to become the train wreck of a thread that the forum avoids. MJ can reopen it if he decides to... his house, his rules.
 

MJ DeMarco

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This thread will remain CLOSED because it is purely political, but I'm going to take a swipe at your post and get the last word in.

What do you think?

The nature of entrepreneurship is failure. I can think of several people HERE at this forum who went through big troubles in 2008 and stormed back. Maybe you should consider them frauds too? And in that case, I'm also a fraud-- I think my failures amounted to a dozen or so before I moved to Arizona, plus a few more after, few that people know about.

this whole thing is an act

Trump has millions, perhaps billions of dollars in property around the world. You don't accomplish that being an "act" -- if he's not a renown RE guy, he has to be a "renown" something to accomplish that -- do you have any 60 story buildings with your name on them?

Trump's evolution is not about policy -- both sides hate some of his positions, and some of his positions don't even seem to be well thought out, but nonetheless, Trump rise is in response to what this country has devolved into, from political correctness, to SJW's taking over colleges, to politicians being bought and sold by lobbyists. Just today, Obama indirectly "apologized" in Japan for the dropping of the atomic bomb, calling it (his words) "EVIL". Not once did he mention it saved millions of lives, many American. "Defense" was not mentioned. All this, spoken on Memorial Weekend. This is why Trump's poll numbers keep rising.

Trump is winning because people view him as the "f*ck you* candidate, a candidate born from the internet comment section who isn't entrenched in the political duopoly. The same can be said about Breadline Bernie, although he's been in the game for decades.

Several media organizations recently reported

That's your problem. You let the media and their agenda think for you.
 
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