Thursday, March 03, 2016

Trump, the Real Estate Genius? Not!

So far, Trump's biggest success is narcissism and blowhard-ery.

He certainly isn't good at real estate deals.

“Mr. Trump has underperformed the real estate market by approximately $13.2 billion, or 57%,” since 1976, says John Griffin, a finance professor at the University of Texas, who compared Trump’s stated net worth with four decades of returns on the FTSE NAREIT All Equity REITS FNER, +0.29% Index."....Quoted at RedState

One suspects he's running because he needs the cash-flow of a Gummint job.


Grim said...

I read a study that suggested that Trump would be significantly richer if he had never attempted to manage any of his own money, but had simply rolled his inheritance over into mutual funds.

Anonymous said...

I'm going to enjoy the ongoing roast provided by dad29 in Grim if Trump gets elected.