(May 31, 2016 at 1:37 pm)Cthulhu Dreaming Wrote:(May 31, 2016 at 12:04 pm)paulpablo Wrote: I just looked this up on google. Just because there's an investment he could have made to earn him more money doesn't necessarily mean he's unsuccessful as a businessman
Yes, it does.
If you can park your money in an index fund and do nothing else and earn more money than if you chose your own investments / business opportunities, it means that you made poor choices. The S&P 500 is literally the benchmark that equity investments are compared to.
In other words, he would have been outperformed by people who know jack shit about investing and business and instead choose to put their money in an investment vehicle that literally requires zero thought or skill.
Trump underperformed that benchmark by a wide margin. If he was managing other people's money instead of his own, he would have been fired - long ago.
I don't know much about investments, but I find it hard to believe this billionaire is not a successful businessman because he didn't invest in this specific thing.
Most businesses fail, so even if Donald trump has broke above even it's still successful.
Are you ready for the fire? We are firemen. WE ARE FIREMEN! The heat doesn’t bother us. We live in the heat. We train in the heat. It tells us that we’re ready, we’re at home, we’re where we’re supposed to be. Flames don’t intimidate us. What do we do? We control the flame. We control them. We move the flames where we want to. And then we extinguish them.
Impersonation is treason.
