3 ms·

Don't be silly, the guy is a constructor. He did make money by creating value, which a -well planned building- is a prime example of. The "deals" are to create

• theprop 9y ago
  Yes, some of his deals are where he built buildings. Even there, it was a matter of getting some tax credit or very good deal on the land or something that essentially transferred resources to him instead of to someone else. It's not easy to get the buildings built that he's done...he's definitely added value in many cases, but many of them were structured in ways such that he could not lose money (i.e. no real risk, zero sum thinking). Many of his deals were simply buying existing properties which is what I'm referring to.