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which he increased by an order of magnitude.
by setra 11y ago
which he increased by an order of magnitude.
- zepto 11y agoIt was gigantic to begin with, and he has performed about as well as an index fund over his period in business, avoiding bankruptcy only by fluke.
- setra 11y agoHe goes from tens of millions is assets to billions. A fluke you say. If that was so easy we would have a lot more billionaires. Investment choices are always obvious after the fact.
- zepto 11y agoI said the avoiding of bankruptcy was a fluke. And yes, it is certainly the case that if more people inherited $40 million when Trump did, we'd have many more billionaires today since a conservative investment strategy over the same period would have made them so. https://www.quora.com/Did-Donald-Trump-inherit-a-lot-of-money-and-then-increase-his-net-worth-at-an-unremarkable-rate?share=1 https://www.quora.com/Did-Donald-Trump-inherit-a-lot-of-mone...