Is he a good businessman?

Playboyize
Playboyize

Is he a good businessman?

All urls found in this thread:
http://money.cnn.com/2016/03/16/news/companies/donald-trump-ethics/
http://finance.yahoo.com/news/why-probably-better-investing-donald-233020366.html
Gigastrength
Gigastrength

yea

TalkBomber
TalkBomber

@Playboyize
he starts about 15 failed business ventures for every successful one. He's declared bankruptcy more times than most of Veeky Forums has gotten laid.

he's kindof an idiot.

TurtleCat
TurtleCat

@Playboyize
private jet
eating KFC with knife and fork
Blue collar billionaire folks. Jesus Trump supporters are retarded.

StonedTime
StonedTime

@Playboyize

He didn't become a billionaire by being a bad businessman.

ZeroReborn
ZeroReborn

@TalkBomber
other way around

1 failed business for every 15 successful

kind of an idiot

show us your bank account with more than 10 billion in it.

TechHater
TechHater

@Playboyize
Yes

eGremlin
eGremlin

Yes

BinaryMan
BinaryMan

@TechHater
No

Stupidasole
Stupidasole

@BinaryMan
9/11
here (you) go

Nojokur
Nojokur

@Playboyize

yup.

Illusionz
Illusionz

@TurtleCat
implying there is anything wrong with fast food

stay blue pilled

Supergrass
Supergrass

You mean businesses person?

How do you know he identifies as a man of business?

Techpill
Techpill

@StonedTime
He became a billionaire by inheriting property that appreciated in value.

BinaryMan
BinaryMan

@Techpill
but thats wrong

Nude_Bikergirl
Nude_Bikergirl

@BinaryMan
No it isn't.

Evil_kitten
Evil_kitten

@ZeroReborn
Trump has created 515 businesses and only 11 of them failed.

happy_sad
happy_sad

@Evil_kitten
created
Kek

takes2long
takes2long

@TurtleCat

I DONT KNOW WHAT PANDERING IS PLEASE RAPE MY FACE

Deadlyinx
Deadlyinx

@takes2long
I know what pandering is, I also know that he's obviously bad at it. Wonder what else he'd be bad at?

PackManBrainlure
PackManBrainlure

@Deadlyinx
pass the hot sauce

TurtleCat
TurtleCat

@Deadlyinx

implying he is his own campaign manager

You and I both know no photo gets publicized without approval. But keep on throwing those red herrings.

BlogWobbles
BlogWobbles

@TurtleCat
He can't pick a good campaign manager and he's supposed to be able to pick a good cabinet?

PurpleCharger
PurpleCharger

@BlogWobbles

You're under the assumption that his campaign manager is bad. Let's see, 2 point lead by the political powerhouse professional Clinton 2 months before votes are cast. I'd wager that is extraordinarily well for somebody new to the field, no? Fast learner.

Nojokur
Nojokur

@PurpleCharger
when trump does well it's because clinton sucks.

when clinton is ahead it's because trump sucks.

neither of these people is achieving anything except when they keep their mouths shut. Whoever speaks the least wins. That's not an accomplishment, that's following the rules your kindergarten teacher taught you.

Spazyfool
Spazyfool

@TalkBomber
That's something of an exaggeration. If you look at his portfolio of companies and properties, the most you really can say is that he has clear talent with real estate. As for everything else, I honestly don't see him over- or under-performing other equivalent companies. Keep in mind, a lot of his ventures are acquisitions or new random shit, meaning that the rate of success for anyone would be near the floor. It's also extremely unfair to attack him for his businesses declaring bankruptcies, as that's (1) absolutely what you should do when a business is failing, and (2) a very legitimate strategy to restructure a bad company when you've made mistakes, among other things.

Keep in mind the same media calling Trump a failure is the one propping up Twitter, Tesla, and the like as "great" businesses. Gotta take things with a grain of salt.

Stark_Naked
Stark_Naked

@Spazyfool
Dang, an actual voice of reason in a politics thread.

Lord_Tryzalot
Lord_Tryzalot

@Stark_Naked
he's a dipshit.
a successful businessman should have a success rate higher than normal.

by definition.

so excusing his record because it's average is retarded. I specifically cited his average record as evidence of his lack of greatness.

MPmaster
MPmaster

@Stark_Naked
also the dumbass doesn't realize it was Trump that made declaring bankruptcy as a business move ok.

a lot of people still hate him for that. Declaring bankruptcy just because it's cheaper than paying your vendors is theft. It's also the reason almost no bank in the US will lend him money.

w8t4u
w8t4u

@Lord_Tryzalot
a successful businessman should have a success rate higher than normal.
he does

likme
likme

@w8t4u
dollar-wise he's beaten the average by a long shot.

failed-business-wise he's a bit worse than average.

I forget sometimes I'm on Veeky Forums where people unironically think 99.9999...% of startups fail in the first day and a half.

lostmypassword
lostmypassword

@likme
dollar-wise he's beaten the average by a long shot
so you're agreeing with me?

Methshot
Methshot

@likme
start ups
Ohhhh I get it now.
You have absolutely no idea what a business is, and so you think the guy that promoted well is a good businessman.

Snarelure
Snarelure

@lostmypassword
I'm moving the goalposts for you.

My argument was that by far most of his businesses fail. Including a large number of his real estate plays.

if you want to argue he's made more money than average I'd agree with you. /pol/ was passing around an article the other day though that said he actually would've made more money off his initial inheritance if he HADN'T done anything with it. Just stick it in an index fund. So from that perspective he sucks at making money as well.

Flameblow
Flameblow

@Methshot
if 93.75% of the businesses you launch fail in less than three years you're doing a lot worse than average.

TurtleCat
TurtleCat

@Flameblow
fail
how has a business failed if he has made a bunch of money from it?

do you mean they've been unincorporated before 3 years?

RumChicken
RumChicken

@TurtleCat
would you dissolve a business that's still making money?

if that's your argument then he's an even worse businessman than I claimed.

BunnyJinx
BunnyJinx

@RumChicken
so he made money but he's a failed business man because he unincorporated when they stopped making money?

Dreamworx
Dreamworx

@BunnyJinx
no, the business failed because it stopped making money and was dissolved.

He's a poor businessman because that happens to his businesses more often than is usual.

neither of us knows if he made money or lost it before those businesses failed. Generally you don't shut down a business you've made lots of money on just the year before though.

it's possible he's failing businesses as a tax write off, but it seems unlikely since he stuck his stupid name on every one of them. Failing on purpose would seem to hurt his brand.

Lunatick
Lunatick

@Playboyize
500 businesses
One of the greatest businessman of all time?

Yes.

http://money.cnn.com/2016/03/16/news/companies/donald-trump-ethics/

Garbage Can Lid
Garbage Can Lid

successful businessman
can't outperform grandpa's S&P 500 index
Keep drinking the koolaid, morons.

Harmless_Venom
Harmless_Venom

@Garbage Can Lid
Built up the skyline of multiple US cities and employed 1000's of families?

Yes.

MPmaster
MPmaster

@Harmless_Venom
employed 1000's of families?
kek

I imagined mom, dad, and five little brown kids all out working construction on the newest Trump resort.

he didn't employ families any more than Walmart does.

Soft_member
Soft_member

@Harmless_Venom
Lots and lots of Mexican families, sure.

viagrandad
viagrandad

@Harmless_Venom
Any moron with a billion dollar inheritance can plop down a building or start failed businesses that employ (temporarily) lots of workers.

A successful businessman grows his wealth, presumably at a rate faster than the market index. If you can't even beat the market, then by definition you're below average.

Below average =//= successful.

Therefore, indisputably, Drumpf is not a successful businessman. There really can't even be a debate about this.

askme
askme

@Playboyize
He's alright. His annual ROE is 10%, for comparison Buffet's is 20% and Icahn is 30%

Bidwell
Bidwell

@MPmaster
It's true. People like him employ people and make the world go round.

@Soft_member
Who cares about the ethnicity? He provides jobs for Americans - you virtue signalling moron.

@viagrandad
Incorrect.

If I gave you a million dollars you wouldn't turn it into a billion within your lifetime.

Protips - Watch ESPN 30 for 30 broke.

massdebater
massdebater

@viagrandad
There really can't even be a debate about this.
he's a better than average entertainer though.

only question is if he's really a clown or just pretending. Probably some of both I guess.

idontknow
idontknow

@Bidwell
he started off with more than a million, didn't he?

likme
likme

@MPmaster
Everyone declares bankruptcy as a business move. His shareholders declared because Trump casinos couldn't pay back the loans they took out to build the casino on time.

Trump still uses a lot of leverage. His assets aren't liquid.

lostmypassword
lostmypassword

@Bidwell
Why are you using virtue signalling like that

kizzmybutt
kizzmybutt

@Bidwell
Trump cares about ethnicity, supposedly. And so do most of his supporters. Infact that's one of the main platforms of his campaign.

hairygrape
hairygrape

@likme
Everyone declares bankruptcy as a business move
nobody admitted to it before trump did in the 80's.

it made huge headlines, there was a lot of talk of charging him with fraud.

a lot of boomers and gen X still think of him as a dirty thief because of that. We remember when people didn't do that. And we remember when Trump was the first one to come out and say that he was doing it.

Poker_Star
Poker_Star

@Bidwell
If I gave you a million dollars you wouldn't turn it into a billion within your lifetime.
I never claimed to be a successful businessman, and you're correct that I probably could not outperform the market over a lifetime. Not many can, but some do. Those people are called "successful."

Drumpf failed to beat the market, therefore Drumpf is not a successful businessman. His returns are actually worse than mine, because I invest in indexes.

The ONLY thing Drumpf does better than me is cheat on his taxes. I actually have to pay my fair share, while most experts believe that Drumpf pays zero income tax. He's therefore very successful at fucking the country in the ass.

Playboyize
Playboyize

@idontknow
Trump takes 1 million dollar loan from father for business development purposes
Trump turns 1 million dollar loan into billions

Get real.

Trump is not top 1% when it comes to real estate. He's in the top .0000000000001%.

Deadlyinx
Deadlyinx

@Playboyize
This is an incredibly stupid argument. He took the million to buy the property. His father also then gave him the money for renevation, something like 40m. Then less than a year later he inherited his father's already successful business when his father's name was dragged through the mud and he resigned. Do you literally know shitall about your candidate?

Techpill
Techpill

@Poker_Star
Hindsight is always 20 - 20.

Of course Trump could have sat on his ass living off his father's estate.

He didn't. He built up America.

He took action. Employed tens of thousands while building his dreams. He altered the landscape. Built up cities. Improved America.

Beating the markets while sitting on your ass... it is to laugh.

Fuck you.

Methnerd
Methnerd

@Techpill
He built up America.
aren't a huge number of his properties actually in other countries?

PackManBrainlure
PackManBrainlure

@Methnerd

Protip - He's built up the world.

Does that make you feel better? GD what a loser.....

Sharpcharm
Sharpcharm

@Poker_Star
Fuck off to leddit. Trump beats the market many times over. How many people can turn a 1 million loan into a billion dollar empire?

Burnblaze
Burnblaze

@Sharpcharm
taking his word for it
honestly the guy's as bad a liar as Hillary is.

he regularly exaggerates his wealth and earnings.

Emberburn
Emberburn

@Techpill
He built up America.
No he didn't. He ran some businesses. Some were profitable, others failed.

Guess what? People do the same thing EVERY FUCKING DAY and have for the LAST TWO HUNDRED YEARS. Drumpf ain't special. He just started at square 20 instead of square 1 because of his daddy.

The question isn't whether Drumpf built some buildings (he did) and cheated and lied to his workers and subcontractors (he did) and cheats on his taxes (he does). The question is whether he's a successful businessman.

Not beating the market =//= successful.

You want to know the SECRET to outperforming Drumpf? Buy VOO and never spend another second in your life thinking about it. You could LITERALLY be braindead and still outperform Drumpf.

Evilember
Evilember

@Burnblaze
Ok, then show us how you did your calculations then?

SniperGod
SniperGod

@Emberburn
Back to r/SandersForPresident you go.

TalkBomber
TalkBomber

@Evilember
Kek

SniperWish
SniperWish

@SniperGod
2016
being this triggered
We get it son, you're out of material and out of your league. Just head back to the safespace echo chamber that is /pol/ and I'm sure you'll feel better quickly.

RavySnake
RavySnake

@Evilember
I didn't calculate anything.
I'm suggesting he started off with far more than a single million dollar loan, and ended up with far less than he claims.

nobody knows though because he's the only one that can say what happened.

and to be fair he's been caught lying about his net worth so many times it's a bit sad.

like I don't care if he has 3 billion or 10, it's still way more than I'll ever have. Why can't he be happy with it? I figure his dick is really small or something.

WebTool
WebTool

@Emberburn
t beating the market =//
Again - you don't get it (and you never will). It's not about what I personally do when it comes to investing.

Some people shoot for the moon.

It's obvious that isn't you... hahaha just buy VOO....

The money that people earned while working for Trump's failed businesses*** is still real $$$.

You either get it or you don't (you don't).

Trump is a businessman.

People like Trump make the world go round. Risk takers, true believers, etc. Sometimes people like that fail... sometimes people like that create the iphone.

BlogWobbles
BlogWobbles

@RavySnake
@SniperWish
WE CAN'T EVER KNOW THE TRUTH BUT LE DRUMPF (WHAT AN EPIC NAME! COINED BY LE CURRENT YEAR MAN, I SAW THIS ON FACEBOOK!) MUST BE A FAILURE ANYWAY XD
Fuck off.

LuckyDusty
LuckyDusty

@WebTool
sometimes people like that create the iphone.
Trump did that?
cuz honestly all I've ever seen of his is a shitty hotel in vegas. One of thousands.

StonedTime
StonedTime

@BlogWobbles
If you know he's lied hundreds of times before, why believe him now?

you're retarded I guess.

DeathDog
DeathDog

@StonedTime
So why should I believe you?

ZeroReborn
ZeroReborn

@LuckyDusty
Thinks that jobs grow on trees.
Thinks that the government creates jobs
Looks up Nigerian government
Nigerian Government would absolutely love to create F/A-18s like the USA

You will never understand business and risk :)

TechHater
TechHater

@DeathDog
in a perfect world you'd already know this about a political candidate you support.

but it's all there in his Wikipedia article with citations if you want to read about him.

eGremlin
eGremlin

@WebTool
Trump is a businessman.
Yes, but not a successful one. Fucking retards like you can't even stay on topic. Take your meds, kid.

AwesomeTucker
AwesomeTucker

@TechHater
You're the only claiming that his businesses preformed worse than the market. Do you actually have anything to back that up or is it just "le DRUMPF is a liar xD"?

FastChef
FastChef

@ZeroReborn
projecting this hard

the problem with /pol/ isn't just that you're retarded,
it's that you honestly don't understand other people at all.

JunkTop
JunkTop

@Nude_Bikergirl
ok

PurpleCharger
PurpleCharger

@eGremlin
How is he not a successful businessman?

CodeBuns
CodeBuns

@AwesomeTucker
You're the only claiming that his businesses preformed worse than the market.
I never said that.

you're either very drunk or very stupid.
you tell me.

BunnyJinx
BunnyJinx

@FastChef
Too bad I tell the truth.

Too bad I employ other people.

Too bad I'm more successful than you will ever understand.

I hope you find the truth someday.

Goodbye.

New_Cliche
New_Cliche

@AwesomeTucker
Do you actually have anything to back that up
"Trump Worth $10 Billion Less Than If He’d Simply Invested in Index Funds"
http://finance.yahoo.com/news/why-probably-better-investing-donald-233020366.html
@PurpleCharger
How is he not a successful businessman?
If I lost $10 Billion when I could have just dumped my inheritance into VOO, I'd shoot myself in the head. Drumpf does it and you think he's some god.

Ignoramus
Ignoramus

@Lord_Tryzalot
@TalkBomber
@Flameblow
@Snarelure
Hey, pal I know by the way you're writing these you haven't started a business before.

Businesses are insanely difficult to get right. Getting just one right puts you above the majority of the population, then you keep on adding more and more successes. Although he's had failures, all it means is that he's swung more instead of posting on a Budapestian singularity hub.

Stupidasole
Stupidasole

@BunnyJinx
kek'd

whereismyname
whereismyname

@Ignoramus
Actually, dumbass, he consistently adds failed businesses so he can claim the depreciation and avoid income tax.

Try reading the news some time.

Nojokur
Nojokur

@New_Cliche
Why did you pick 1982? That seems like a fairly arbitrary date.

Illusionz
Illusionz

@Ignoramus
Hey, pal I know by the way you're writing these you haven't started a business before
I'm probably the only successful business owner itt

perhaps the only one on this board.

Spazyfool
Spazyfool

@Nojokur
He thinks I wrote the article.
Do you need medical assistance, user? You seem a bit imbalanced....

Dreamworx
Dreamworx

@Spazyfool
So you think it's fine to randomly pick any date looking back and use it for comparison? Why not start it at 2000 or 2008?

Need_TLC
Need_TLC

@Dreamworx
probably because 82 was the year he inherited his dad's millions? Just guessing.

Garbage Can Lid
Garbage Can Lid

@Need_TLC
Trump had been running his father's company for 8 years at that point.

Booteefool
Booteefool

@Dreamworx
As the author explains, he picked 1982 because that's the earliest date there's published information about Drumpf's net worth.

Don't worry, I know you won't read the article. People like you work very hard to shut out the truth to preserve the bubble of delusion you create for yourself. Hence the reason why you started hurling ad homs as soon as a couple intelligent people showed up and started telling you facts that you couldn't fit into your preconceived, prepackaged view.

Harmless_Venom
Harmless_Venom

@Booteefool
But there's been many different estimates of Trump's net worth since then. Why pick the earliest?

Sir_Gallonhead
Sir_Gallonhead

@Harmless_Venom
Why pick the earliest?
Um, because its the best reflection of his skill (or lack thereof) as a businessman. FUCKING DUH.

Boy_vs_Girl
Boy_vs_Girl

@Sir_Gallonhead
But he was a businessman long before 1982.

King_Martha
King_Martha

@Boy_vs_Girl
But we don't have data before then.

Honestly, are you retarded? Please answer because I'm not going to have an argument with a retarded person. I have some personal standards.

Soft_member
Soft_member

@King_Martha
I can guarantee that I am more successful than you, since you are a broke liberal arts major desperately still clingy to the change of Bernie winning and making the American taxpayers pay off your six figure college debt.

girlDog
girlDog

@Boy_vs_Girl
I think you're missing a couple important points both pro and con.

if his empire was bankrupt then he started with nothing, he lost his daddy's money. So not only did he suck really bad but he also did really good. Making billions from nothing.

there is no real evidence of that either though.

Also I notice user blames his company shareholders for declaring bankruptcy, but credits Trump with the financial success. Seems like we can't have it both ways, either he is responsible for both the successes and the failures or he isn't responsible for either.

Evil_kitten
Evil_kitten

@whereismyname
Hey, bud. You're angry right now, I can tell. Step away from the keyboard and go get some air.

I don't know why someone would spend so much time debating like this.

The SPX is not the benchmark for businesses, only for wealth management firms. The only benchmark for businesses is: "Is your net positive? Yes? Then you're the proud owner of a profiting business."

@Illusionz
Let's hear your story, lad.

I'll tell you mine just to bring down the heat. I was born in a village in Austria, immigrated to NYC and got a nice public school education. Dropped out of college and started my a logistics optimization company because I was good at quick calculations and didn't have anything better to do. I sold out after a while for a nice 8 figure paycheck, because I got bored. Started a few small clothing lines to cash in on /prep/ for the layman. Got those shops automated now and making a steady income (as steady retail can be). Tried a few other ventures into manufacturing, but things just didn't work out.

Now I'm wrapping up on another project that's getting bought out by a generalist.

Business is a hit or miss desu. All I'm saying is, Trump (or anyone for that matter) shouldn't be judged on their failures. Because let's be honest, the guy who's failed 45 times but managed to succeed 5 is better than the guy who's tried and succeeded only once.

You must of heard the new genius pop-sci theory? Where it's not that they're geniuses innately, it's just that they're creative and work on more projects than anyone else.

haveahappyday
haveahappyday

@Evil_kitten
must of
How embarrassing.

It's late so you'll have to excuse me of my typos.

cum2soon
cum2soon

@Evil_kitten
I'll tell you mine just to bring down the heat
I'm not going to blow smoke up your ass.
I don't believe a thing you say without some evidence. Even then I'm only going to believe, not care.

nor do I really care if you believe me.

takes2long
takes2long

@Soft_member
More ad homs and roleplaying. We're done here.

As I said earlier, this isn't a topic that can even be debated. You can't call someone successful if they can't even surpass the market average. All of Drumpfs "effort" and "smarts" and "skill" and he can't even beat a brainless index. Pathetic.

@Evil_kitten
The SPX is not the benchmark for businesses
Wrong. The market (for which the S&P 500 is a working proxy) is a benchmark for capital investment because it's open to everyone. If you can't beat it, then by definition you should join it. Drumpf can't beat it, period.

The only success Drumpf has had (besides successfully avoiding income tax) is that he successfully built a brand which fools ignorant people into thinking he's more successful than he actually is.

Bidwell
Bidwell

@takes2long
So what do you do for a living? If just investing in the S&P is so easy you should be a multi billionaire, richer than Trump now even!

iluvmen
iluvmen

@cum2soon
I'm just trying to establish some humanity. You seem like a very levelheaded guy, compared to the venomous @takes2long
.

@takes2long
Capital Investment != Capital Venture
By the way, provide a source for Trump being unable to beat a simple 10%.

Evilember
Evilember

@takes2long
Lol as if anyone could predict the best decade of the market in existence.

Also, Trump didn't inherit all his father's shit as he had siblings too. Thus he did beat the market, and by quite a bit considering the tax rates.

RumChicken
RumChicken

@iluvmen
I'm just trying to establish some humanity
this thread isn't about you or me.

I do feel like I understand Trump pretty well though.

He's done things that almost nobody else alive will ever achieve. A percentage of people so small you'll probably never meet one.

but on the flip side nobody understands the extent of what he's done. "Billions" is a meaningless number. People can't even imagine what that is.

so he suffers from comparisons to Bill Gates or the Facebook guy or whatever. And those comparisons are true as well- as fucking amazing as Trump's career has been there's people out there that did much much more.

so he exaggerates his accomplishments which doesn't really change anything since the public doesn't care or understand what he's done whether he tells the truth or not.

the only person that cares about his exaggerated numbers is him. And I have no doubt he honestly believes the story he tells, and to some extent it's actually true. Sort of.

I do the same thing. I just don't usually do it in public, and if I claim I have a net worth of $X I make sure I'm willing to prove it with paperwork. Trump is a bit of a fool since he's obviously a very wealthy man, but he wants people to believe he's wealthier than he really is without giving any sort of proof.

PurpleCharger
PurpleCharger

Trump flies around in a boeing 737 while you drive your shitbox to your shit ass job and slave away hoping for a half day off

Raving_Cute
Raving_Cute

@RumChicken
The other problem with Trump's net worth that's like mine is it's almost entirely tied up in his business ventures.

For example I like to say that I earned my first million when I was 32. This isn't entirely true. I put my first million dollars worth of work under contract at that age, and using accrual accounting my business was worth over a million dollars on paper from that date on. It hasn't gone below a million dollars since then. I've netted more than a million dollars since then, but it's spread out over more than a decade so if you do the math you'll find I made about $100k per year over that time period. Not exactly impressive to most people.

I am technically a millionaire, but it's just on paper and I've never personally had a million dollars cash to my name. I won't either unless I sell my business.

Trump's accomplishments are similar in that his worth is almost entirely on paper and could collapse to nothing at any point for any number of reasons. He's a multibillionaire much like I'm a multimillionaire- it's true in theory but not necessarily in practice. He's undoubtedly wealthier than I am, but neither of us is quite as wealthy as we like to brag.

Bidwell
Bidwell

@Raving_Cute
Why the bragging?

PackManBrainlure
PackManBrainlure

@Bidwell
to explain why Trump brags.

He's proud of his accomplishments but other people aren't nearly as impressed with him as he thinks they should be.

are you impressed with my bragging?
of course not.
and that's how most people feel about Trump's success as well.

Techpill
Techpill

@viagrandad
drumpf
Moron spotted

PackManBrainlure
PackManBrainlure

@ZeroReborn
He doesn't have that much money you cuck

Dreamworx
Dreamworx

@RumChicken
Yes. Just because it's profitable on paper doesn't mean something is worth the time investment.
80/20

Garbage Can Lid
Garbage Can Lid

@PackManBrainlure
Billionaires don't store billions in cash. Millionaires don't have millions in cash.

Rich people store their wealth in assets. Read the non-existent sticky.

King_Martha
King_Martha

@Garbage Can Lid
That's not necessarily true. Entry level billionaires sure, but someone like Gates? Buffet? Those people have billions they can readily cash out.

SomethingNew
SomethingNew

@TurtleCat
dude stfu you are mad over how the guy wants to eat KFC. libs won't let you do shit without bitching about it, you cannot even bbq in your own back garden without it being misogynistic.

askme
askme

@kizzmybutt
illegal immigration does not have a race you fucking faggot.

Inmate
Inmate

First of all, I like Trump. However, an 'expert' in Economics or Finance would say he is not a great businessman, as he hasn't broke even in terms of "economics costs", when you take opportunity cost into account, and so on.
But in the real world with normal well-to-do people he is of course a terrific businessman and an icon of success, has employed thousands of workers, and so on.
I don't think he will win the presidency.

Poker_Star
Poker_Star

@Inmate
The guy is an entrepreneur. He swings some homeruns and he strikeouts in others. It is what it is. Also I'd like to see the data on him beating the market if he had just let it sit. Last time I saw that the people made the assumption that he got all of the inheritance money and that he started prior to when he actually got a loan. Many flaws with that assessment.

Not that the "he's successful but not AS successful as he could have been" train of thought matters when he's an entrepreneur.

RavySnake
RavySnake

@Techpill
he built up America
Nigga. Please.

You have an argument in there but that's hyperbolic and misleading as hell. This isn't a promo, there's no reason to say some shit like "he built up America". The fuck?

TurtleCat
TurtleCat

@PurpleCharger
There's a hole in the bucket of this thread

Illusionz
Illusionz

@viagrandad

You are now aware that the idea that he could have just invested his money and made more than his businesses comes from The London Review of Books, a magazine that reviews books. Not a business magazine, not an investment magazine, not an economics magazine. A book reviews magazine.

Stark_Naked
Stark_Naked

@Flameblow
Except it's a defintion technicality, Trump inherited the one business he in a meaningful sense runs, Trump Org. The rest are investments on behalf of investors

Lord_Tryzalot
Lord_Tryzalot

@askme
So then why aren't we building a wall around the entire country?
You're way too stupid to be on the Internet if you think illegal immigration actually impacts the economy in any truly negative way.

Burnblaze
Burnblaze

@Playboyize
ID: XRhdcPF7
1 post by this ID

Well played.

Is he a good businessman?
pro: He is ruthless, he's eveything but risk averse, he is well connected, he comes from big money.
con: He has little business sense, he's a terrible leader, his ego bars him from admitting failure and learning from his mistakes.

He has both very favourable and horrible personality traits for being a businessman. He's an aveage guy that grew up into a good environment and/or was lucky. Just your average businessman, I guess. Nothing special. His success was neither a given, nor outlandishly unbelievable.

lostmypassword
lostmypassword

@Lord_Tryzalot
You're way too stupid to be on the Internet if you think illegal immigration actually impacts the economy in any truly negative way.

Burnblaze
Burnblaze

@Playboyize
Is Dr. Oz a good doctor? Would you trust him with your medical issues?

Trump is the Dr. Oz of business.

DeathDog
DeathDog

@lostmypassword
Stormfags need a bullet to the temple.

Deadlyinx
Deadlyinx

@viagrandad
Drumpf

Reddit

BinaryMan
BinaryMan

Got a story for you Veeky Forums

be going to Hawaii from Canada
forgot to bring anything to read on the plane
buy "Art of the Deal" by Donald Trump for $11 CDN
flight is 5 hours long, read entire book
woman next to me asks me the book was as I was furiously reading it hardly looking up for hours
the book was nothing special, kind of dry but still worth reading a few chapters
I tell her it's amazing, ask her if she would like to read it
she says yes
say here you go and hand her the book, you can have it I say
she feels guilty, gives me a crisp abraham
thank her and talk up the shitty book some more
$1 CDN gets you $.080 US at the time
make money learning, being entertained and swindling another

I'm now a staunch Capitalist, Veeky Forums. I firmly believe in abusing any method necessary for profit. Fuck everyone, I'm out for me.

t. ignorant leaf

likme
likme

@lostmypassword
As sad as it is there are people that believe that a swarm of shitty workers taking the jobs of our worse off is better because they can save a couple of K's.

Supergrass
Supergrass

@viagrandad
drumpf

no

Crazy_Nice
Crazy_Nice

@DeathDog
pointing out the obvious makes you a stormfag

Harmless_Venom
Harmless_Venom

@Playboyize
He is a redneck

Sir_Gallonhead
Sir_Gallonhead

@lostmypassword

immigrants are lazy welfare leeches
they took er jerbs!!!

Garbage Can Lid
Garbage Can Lid

@Sir_Gallonhead

You are aware that is it entirely possible for someone willing to commit criminal acts to both have a regular job and to pretend to be unemployed to continue receiving welfare, right?

Lord_Tryzalot
Lord_Tryzalot

Honestly? I don't think he's that great, but he's the billionaire.

MPmaster
MPmaster

@Sir_Gallonhead
What is a H1-B visa?
What is cash in hand payment?
What is downward pressure on wages?

haveahappyday
haveahappyday

He is worth over a billion and what he says is pretty reasonable in all honesty, therefor nobody elses opinion really matters.

However it's quite obvious almost all of his shit is inherited and lucky, however it's still *his* money so I don't care.

cum2soon
cum2soon

@haveahappyday
Please learn to read. The question isn't whether Drumpf is rich; it's whether he's a good businessman.

VisualMaster
VisualMaster

@cum2soon
are you fucking retarded

I answered it: all his shit is for the most part inherited. But it's still his, and he's still intelligent, therefor I respect him as a businessman. is he "good", refer to the first sentence.

BunnyJinx
BunnyJinx

@haveahappyday
He is worth over a billion
lol not a shot in hell

New_Cliche
New_Cliche

Is he a good businessman?
fails at casinos
how is that even a question?

Harmless_Venom
Harmless_Venom

@Crazy_Nice
How do you feel about the holocaust?

Lord_Tryzalot
Lord_Tryzalot

@BunnyJinx
lmfao if you know any about his revenue you'd know it easily is, 1.5b is prob more accurate desu

@New_Cliche
says the kid who then complains why nobodies hiring

girlDog
girlDog

@TalkBomber
He has a 98% success rate with businesses and he filed chapter 11 bankruptcy.

viagrandad
viagrandad

@Lord_Tryzalot
We'll never know for sure until he releases his taxes.

girlDog
girlDog

@Techpill
Investing in American companies would build America up a lot more than paying polish workers to build a tower.

Fried_Sushi
Fried_Sushi

@TalkBomber
He's declared bankruptcy more times than most of Veeky Forums has gotten laid
Any number is larger than 0, user.

idontknow
idontknow

@Playboyize
took a million dollar loan
built a billion dollar empire
That's all you need to know. All these faggots like to knitpick details like it changes the fact that he built an empire. Any of the fags talking crap here would just invest the million dollars and live off the returns.

Stupidasole
Stupidasole

Trump steaks only available at The Sharper Image.

MPmaster
MPmaster

@Playboyize
he employs at least 35k people and has been in business for god knows how long, multiplied his companys worth by 1000 over his career, what do you think?

cum2soon
cum2soon

@idontknow
Yup. I don't have any delusions of grandeur. I can lay low and look out for numero uno. I don't need people to love me or to order around. I'm not here for legacy. I have my own set of balls and I protect them with my own two hands. It's not living in fear. It is living until I die.

Spazyfool
Spazyfool

@viagrandad
Drumpf
Reddit cancer
REEEEEEEEE

farquit
farquit

iameatingkfcasofthismoment

Spazyfool
Spazyfool

@SniperGod
That subreddit is gone bro.

As for Trump, he's ok businessman.
Still a fucktard #Johnson4life

Sharpcharm
Sharpcharm

Trump is a shitty entrepreneur. He inherited money, relations, an empire in nyc real estate in a good economic time.
He whores himself out for fame and build up his brand marketed at temporarily embarrassed millionaires with mediocre results considering the resources at his disposal.

Ironically, running for president was the best business decision he ever made. That one was actually impressive and well executed.
Intuition tells me he is going to branch out into political media online or traditional. His whole campaign trail is him getting customers, not voters.

Few lifestyles businesses get their clients to believe in their product out of a moral bond. Oganic food is in that stick. Buy our stuff, save theplanet, bein better health do whats right sleep like a smug baby at night. 250 usd please.

Trump is going for: be patriotic, save this nation, be the hero america needs, please exit thru the gift shop.

AwesomeTucker
AwesomeTucker

@King_Martha
way to backtrack faggot.

Emberfire
Emberfire

@New_Cliche
Hind sight is 20/20
I would be a billionaire if I thought to invest in bitcoin 6 years ago.

Trump didn't lose 10 billion, he didn't make 10 billion more.

Fuzzy_Logic
Fuzzy_Logic

@Emberfire
Hind sight is 20/20
Failing to beat the market over a 40-year career is more than "oops hindsight." It's an undeniable failure.

he didn't make 10 billion more
If you make $1 when you could have easily (and for far less risk) made $2, then you're a fucking failure. Drumpf didn't just underacheive. He did worse than the average geezer squirreling away his social security checks in the S&P 500.

Booteefool
Booteefool

@Fuzzy_Logic

still repeating a meme a British book reviewer pulled out of their ass

haveahappyday
haveahappyday

@Booteefool
Facts are facts, regardless of who point them out to you. Just because you don't like the truth, it's juvenile to ignore it. Try being an adult some time.

takes2long
takes2long

@haveahappyday
IT'S LITERALLY 2016 HOW CAN YOU STILL SUPPORT DRUMPF

Techpill
Techpill

@BlogWobbles
KFC with bare hands:
Trump pandering to retarded followers
No much media
?????
NO PROFIT

KFC with knife and fork:
TRUMP'S FUCKING RETARDED! LOOK AT HIM BEING RETARDED PANDERING TO HIS RETARDED FOLLOWERS!
STOP THE FUCKING PRESSES! DUMB TRUMP IS EATING CHICKEN WITH A KNIFE AND A FORK!
Viral pic of Trump eating chicken
????
PROFIT

Meanwhile, Hillary faints and her campaign enters full panic mode when the video gets posted.

TurtleCat
TurtleCat

@Spazyfool
whats wrong with tesla?

JunkTop
JunkTop

With daddy's back up everyone is a good businessmen

RavySnake
RavySnake

@likme
Remember that most of Veeky Forums is butthurt nocoiners and unironically Trump supporters.

TurtleCat
TurtleCat

@Techpill

Based trump

10/10 would suck cock

askme
askme

@haveahappyday

Is it a fact? Has it been verified by someone actually qualified to make such a claim?

JunkTop
JunkTop

private 737 with gold interior details
owns a skyscraper in Manhattan
owns a skyscraper in Chicago
owns 200 other yuge buildings
Is a billionaire

Shit businessman.

Garbage Can Lid
Garbage Can Lid

@JunkTop
win mega-lottery
private 737 with gold interior details
owns a skyscraper in Manhattan
owns a skyscraper in Chicago
owns 200 other yuge buildings
Is a billionaire
is great businessman
Moron.

girlDog
girlDog

@TurtleCat
A shit ton.

The cars themselves are a fancy nightmare. They've effectively implemented DRM, preventing any form of third party repair. There's a lot of asinine problems that they didn't think through well enough - the massive screen in the center console is difficult to use and a major distraction, the battery slowly drains when the car is parked and - because the door handles are stupid pop-out gimmicks - you can get locked out of your own car when the battery dies, etc. Fuck, their most recent crossover had fancy glass that looked cool until people realized that overhead sun would effectively blind the drivers, necessitating a permanent(?) sunshade.

More broadly, it's a company that is HEAVILY reliant on investments, tax refunds, and the blind faith of consumers to make a buck. There are very interesting arguments that they've been hiding losses in Solar City and similar related ventures.

Don't get me wrong, there's a lot to like about that company and their cars, but there are also a ton of issues. I very briefly considered getting a Tesla before coming to my senses and getting a similarly-priced but ultimately better car (an Audi A7 Prestige).

Carnalpleasure
Carnalpleasure

@TalkBomber
He has been a success at his TV career, writing career, his name is world renowned and he is in the running for the most powerful job in the world.

What have you done?

StonedTime
StonedTime

@happy_sad
The businesses were not there before trump, then trump came in and made them. Sounds like he created them to me m8.

TechHater
TechHater

@girlDog
Audi A7
I love those things. Good choice

AwesomeTucker
AwesomeTucker

@Carnalpleasure
writing career
implying he didn't just use a ghostwriter...

PurpleCharger
PurpleCharger

@Fuzzy_Logic
drumpf

teenager

LuckyDusty
LuckyDusty

@viagrandad
He'll never do that. I'm not even talking about any shady deals he may or may not have done or him probably not paying much taxes. I think at this point it's pretty well established for people in the know that a big part of his fortune is his brand. He values his brand (essentially his name and the associated goodwill) at something ridiculous like 400 million USD. People would lose their shit if he had to publicly admit that close to half his fortune was essentially made up by him so he can call himself a billionaire.

It might even be a correct evaluation, but it would never fly with the public.

PurpleCharger
PurpleCharger

@Sharpcharm
holy shit ppl like you actually exist on biz

CodeBuns
CodeBuns

@Sharpcharm
also

/r/catalog#s=eddit

cum2soon
cum2soon

@girlDog
You didn't even mention the drivetrain issues.

I know 4 people with Teslas. Between them they have replaced 17 drive trains in a combined ~380,000 miles. The new ones are apparently better, but it's still inexcusable for a car that costs that much to have so many crippling mechanical issues.

That's not even getting into the 12 volt system deep cycling so often you need to replace the large standard car battery frequently, the water leaking into body paneling, the alignment issues, the asinine reworking of the entire interface with every version (seriously, why the fuck did they get rid of the analogue gauges? They are superior to digital. That's why avionics uses analogue displays, even on screens), or the fucking insane costs to repair absolutely everything on an aluminum unibody car.

And that's before you get into the spartan interiors. They only JUST added ventilated seats to the S. 100,000 dollar luxury sedan with shitty seats. The fuck....

The cars have a lot of really good shit going for them. They are extremely safe, handle well, and have a lot of well thought out convenience features, but they are just not worth the money with all of the problems.

Sharpcharm
Sharpcharm

@Playboyize
Yeah, he seems to be doing good. But it's hard to judge his net worth since not a significant share of his investments are publicly traded. Value is meaningless if you determine your own value.

iluvmen
iluvmen

@Techpill
Prety much this, inherited money, got lucky in the 80's but has been a joke ever since.

viagrandad
viagrandad

drinking the (((MSM))) koolaid
current year

there is a one pill rubicon between a /biz/nessman and a
/pol/ack

iluvmen
iluvmen

@RavySnake
He lies about his net worth so he can cheat on taxes. You can get away with a lot of shit if people think you're poorer than you really are, or if they think you are richer than you really are and you make a lot of fraudulent charity donations with money that doesn't exist.

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