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Another way to describe Trump is that he ran a business that created more value than the S&P 500 (the top 500 businesses on US stock exchanges) over a 30 year p

Another way to describe Trump is that he ran a business that created more value than the S&P 500 (the top 500 businesses on US stock exchanges) over a 30 year period, created a world famous brand associated with quality and luxury, created a tv show that dominated ratings for a decade, and crushed two political dynasties that have held power for almost 40 years.

hyperpape 10y ago
"a business that created more value than the S&P 500 (the top 500 businesses on US stock exchanges) over a 30 year period" What's this based on?
- CptJamesCook 10y ago
  https://dqydj.com/donald-trump-beat-sp-500-index-funds/ https://dqydj.com/donald-trump-beat-sp-500-index-funds/ Admittedly questionable source, but I've seen it elsewhere and the approximation seems fair.
  - hyperpape 10y ago
    There's probably a clearer way to phrase that point. I initially thought you were saying that Donald Trump made more money than the entire S&P 500!
    - CptJamesCook 10y ago
      haha. I reread my post and it was a bit gibberishy. Ooops.
  - 1ris 10y ago
    I guess approximately half of all shareholders did. It's not really a feat.
__derek__ 10y ago
You could, except that none of those descriptions are true.
travem 10y ago
How are you calculating value created? Based on market capitalization it looks like the S&P 500 went from a market cap of $925 Billion in the 1980's to over $19 Trillion today [1]. [1] http://siblisresearch.com/data/total-market-cap-sp-500/ http://siblisresearch.com/data/total-market-cap-sp-500/
milcron 10y ago
Wasn't that just the opposite? I thought the complaint was if Trump had merely taken the 'small loan of one million dollars' and invested it in the S&P500, he would have made more money. That is, he is worse at growing wealth than the stock market average.
- cglouch 10y ago
  I think the analysis that says that is somewhat misguided. Matt Levine (my go-to for financial stuff, his writing is insightful and accessible) wrote a good piece on it here https://www.bloomberg.com/view/articles/2015-09-03/should-donald-trump-have-indexed- https://www.bloomberg.com/view/articles/2015-09-03/should-do...

hyperpape 10y ago

"a business that created more value than the S&P 500 (the top 500 businesses on US stock exchanges) over a 30 year period" What's this based on?

CptJamesCook 10y ago
https://dqydj.com/donald-trump-beat-sp-500-index-funds/ https://dqydj.com/donald-trump-beat-sp-500-index-funds/ Admittedly questionable source, but I've seen it elsewhere and the approximation seems fair.
- hyperpape 10y ago
  There's probably a clearer way to phrase that point. I initially thought you were saying that Donald Trump made more money than the entire S&P 500!
  - CptJamesCook 10y ago
    haha. I reread my post and it was a bit gibberishy. Ooops.
- 1ris 10y ago
  I guess approximately half of all shareholders did. It's not really a feat.

__derek__ 10y ago

You could, except that none of those descriptions are true.

travem 10y ago

How are you calculating value created? Based on market capitalization it looks like the S&P 500 went from a market cap of $925 Billion in the 1980's to over $19 Trillion today [1]. [1] http://siblisresearch.com/data/total-market-cap-sp-500/ http://siblisresearch.com/data/total-market-cap-sp-500/

milcron 10y ago

Wasn't that just the opposite? I thought the complaint was if Trump had merely taken the 'small loan of one million dollars' and invested it in the S&P500, he would have made more money. That is, he is worse at growing wealth than the stock market average.

cglouch 10y ago
I think the analysis that says that is somewhat misguided. Matt Levine (my go-to for financial stuff, his writing is insightful and accessible) wrote a good piece on it here https://www.bloomberg.com/view/articles/2015-09-03/should-donald-trump-have-indexed- https://www.bloomberg.com/view/articles/2015-09-03/should-do...