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Actually, evidence says he's not. He started in 1987 with $1 billion, and has tripled that in ~30 years. But simply putting the initial investment into index fu
by semi-extrinsic 10y ago
Actually, evidence says he's not. He started in 1987 with $1 billion, and has tripled that in ~30 years. But simply putting the initial investment into index funds would have made a 13x ROI. So he's significantly underperformed the stock market. In fact, he's barely kept up with inflation. That's far from perfectly competent, any money manager with that record would be a laughing stock.
http://fortune.com/2015/08/20/donald-trump-index-funds/ http://fortune.com/2015/08/20/donald-trump-index-funds/