I never asked for these feels

While he did inherit around 200 million dollars, he's turned it into almost 9 billion dollars. He increased his net worth by over 4000%.

That's like you being worth 20,000 dollars at 20 years old and by the time you retire being worth 80 million.

Hes a good businessman, you can't ignore that.

I think he filed for bankruptcy like 4 times? But I don't know whether it was abuse of those laws or not.

Trumps net worth is 4 billion not 9. and while yes it has increased quite a bit he hasn't even come close to what it could have been if he handed it off to an investment firm. not that good of a businessman.

www.moneytalksnews.com/why-youre-probably-better-investing-than-donald-trump/
finance.yahoo.com/news/why-probably-better-investing-donald-233020366.html

>he inherited his father connections
>had a shit great headstart because of it
>200 million is easier to snowball than say 10k.

That's why I used a percentage to compare instead of a sheer number. Regardless of circumstance, you don't just piss your way into 9,000 million dollars.

No i get that, but he litterally had almost all the tools to do it in the first place. he just had to "do the thing" with hardly any obstacles. The guy had advisers, connections, class privilege, and general inheritance.

Likewise, that initial loan makes it easier for a person to invest and take risks versus an average person. for an illustrative example, if i had a life saving of 10k and invested it, it would either make me or absolutely kill me...trump on the other hand not only had 200 mil to invest but had a safety net, making it so he could take more risks and thus statistically increase his net worth by more.

And the thing is, even if i was successful in my investment (from example above)...it still would only be one successful investment versus trump who could make more at one point.

I agree. That was mentioned earlier in this thread, though we didn't go into that much detail with it. He was definitely dealt a better hand, no one is arguing that. Very few people can go from broke, to billionaire, in one lifetime. Most of the time it's wealth built upon after a couple generations.

True..sorry i didnt read the conversations you had with other people, thought it would be confusing if i jumped in randomly.

basically what im saying is that Trump increasing his networth is, atleast in my opinion, hardly impressive at all. My parents were dirt poor immigrants who worked in the fields, Im technically going to have a large relative % increase from my earnings to theirs when (and if) i get to where i want to be. I have no real safety net. I honestly can't respect a person like trump if there way was piss ass easy compared to blue collar folk who had just about every obstacle in the united states.

I understand where you are coming from to an extent. My biological grandfather was an immigrant from Sicily, my grandmother was born in a house with dirt floors. My dad's family is all ranchers who never have really known a day off. My dad has worked his ass off and managed to turn that life into being a Vice President of Sales for a distributing company and makes 6 figures, and if I manage to reach my goals I'll be making 6 figures as well.

And while I would agree with you if Trump had simply doubled or tripled his money after accounting for inflation, he has increased it by 4000%. Advisors or not, a 4000% increase on ANY sort of business venture regardless of starting finances is impressive.

I'm not even sure if I would vote for Trump, so I'm not trying to be biased.

That is impressive by your grandfathers no doubt. I always respect a person who really worked and knows hard labor politics aside.

and im not doubting that, the increase is noteworthy...but i still cant respect how alot of people assume that he has had it "hard". In the simplest analogy, he is a myelinated axon while the rest of us are un-myelinated...its no surprise that not only would the action potential is faster, it would "lap" our effeciancy. Relatively its not as impressive as it sounds.

neither do i..im still witholding my decision from any cadidate..even trump, although i have largely disagreed with him.

Oh no, I would laugh at anyone who said he's had it hard. While I can say he's certainly struggled and worked hard to get where he is now, he hasn't ever had to worry about paying for meals or paying for his utility bill. He's never really known true financial struggles.

Yes it does seem like he claims to be worth more then what other groups say he's worth. I quoted the 200 million figure obviously.

And while I can't speak personally for Trump, maybe he didn't want to sell all of his assets and then invest it, maybe he wanted to expand his fathers legacy and make his own money in business. Maybe his goal wasn't to be worth as much money as possible, but to advance his fathers business and prove he could do it.

Again, I can't speak for him. But that's personally how I'd feel about it.

Also a valid point, I was going to mention that. But as I looked more into Index investments it seems they've been steady for quite some time, so I doubt the projections looked that bad. Although there was a recession in the mid 1970's that could have made him wary of the market and doubt just investing everything.

He also got his father's connections. So making money wasn't that hard for him. Sure it was diffucult, but a normal man with no business connections wouldn't succeed as well as he did.

You can't deny that he stared out at a better position then most, but to say that he inherited his wealth and that he's rode his fathers coattails like many have claimed is also untrue.