General Discussion
In reply to the discussion: tRump lost 1 BILLION $$$$$$ [View all]thenelm1
(912 posts)For all his boasting about how he is the greatest businessman ever, his business 'expertise' comes down to the fact that he's a property management/slumlord kinda guy. He knows nothing about business beyond what he learned from his slumlord dad. His schooling didn't take. International finance, the stock market, tariff policy, economic policy in general or anything else fiscal policy related - he's an illiterate. He's never had to think beyond managing his properties - and it shows, in spades. Beyond collecting rents and whatever else slumlords do, he's completely out to lunch. As much as I despise the Dimons, Romneys and other financial predators of the world - this chump is a...chump. Particularly given he's such a narcissist/know it all, he won't listen to anyone else since he has the 'greatest' mind of all time. His past 'business adventures' says it all. If it wasn't for his inheritance, along with accountants and tax lawyers, he'd be asking us 'do you want fries with that' still at his age. End of story. He's the ultimate, extreme example of the 'Peter principle' at work.
(disclaimer - not to denigrate 'do you want fries with that' people, at 16 through 20 I was one of them. And spent the rest of my work life as an IT guy, enough that I could retire at 61.)