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With an utterly terrible reputation Don didn't have real trouble, Don got finance. Every single time. After how many bankruptcies? How many re-structurings wher
by harry8 6y ago
With an utterly terrible reputation Don didn't have real trouble, Don got finance. Every single time. After how many bankruptcies? How many re-structurings where his creditors lost?
You and me would have a lot of trouble getting that kind of financing without a hideous reputation. Don has one and got it. Now he's even the president. Bad reputations count for not all that much at all. And I hate that, fwiw.
Buffet's reputation, now that's a whole nother discussion. Yes it deserves to be better than Don's. Coke, McDonalds and buying off-market at huge discounts to support management against shareholders. Obesity, diabetes and legal resdistribution of people's retirment savings to berkshire hathaway. Yes, a reputation too good to be true nonetheless. I agree.