Spock;1865508 wrote:People need to stop calling trump an idiot. He is one of the best businessman in the world. You have to be intelligent to do that. Quit being a sheep to the left wing media.
Stop it. Trump is a knucklefuck. He has two (and maybe a half) business successes to his resume:
1. A real estate company that he didn't build or make profitable (his dad was already cleaning up).
2. A reality television show based on celebrity appeal and over-the-top personalities, which, in all fairness, he did start.
*The half might be that he did make a personal profit off the Miss Universe ownership.
Everything else he has been involved in has been a tire fire. The man's business resume is mostly booty meat.
gut;1865558 wrote:LOL, no. He's great at self-promotion and marketing/branding. Real estate is a very different animal from most businesses, and his track record really isn't all that great. You actually have to be pretty dumb to start with $200M and NOT make money buying property - if rent only covers the mortgage/loan, after 50 years that $200M should easily be worth billions in capital gains alone.
Bingo.
gut;1865574 wrote:I've never heard the USFL story. But at the end of the day, I think this basically shows that Trump failed miserably at anything beyond buying a building and charging rent.
Even a mortgage company. How the hell does a man who is regarded as being so wise in real estate fail so hard at building a mortgage company?
FatHobbit;1865576 wrote:He's pretty good at marketing
He's good at self-promotion. I guess that's a form of marketing, but a limited, specific one.