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