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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
by 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 agoI 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...