Where does the $500 million figure come into play in your graph. It says he started with 44-88 million. Also where did you source the 44-88 million figure come from?
[deleted]
Have you included tax on investment income/gain?
So, what you are saying is, trickle down economics works.
Trump has passed his wealth on to his employees, subjobbers, and contractors.
And for a fair comparison, you have to know how much he SPENT every year.
I love to hate on Trump, but this is a weird comparison. Firstly, he ran what is largely a real estate business. Using the S&P 500, the collection of 500 largest and best performing companies of all industries ranging from tech to oil to banking, doesnt seem to be the correct benchmark. You’d likely want to compare his performacne to an index of REIT’s, likely commercial office REITs. Secondly, index funds were hardly even a thing back in the 70s when he got started and furthermore, the broad understanding of the overperformance of the market over individual securities wasn’t widely promoted until at least the 90s and really in earnest until the 2000s.
This is a bit of a strange argument.
Sure, the average investor should invest in index funds. But the system doesn’t work if businessmen try to invest in index funds instead of… Actually running businesses. Stocks and other business investments don’t exist if no one actually runs any businesses.
So the message is what… get rich and stay rich by never using your money? Just invest and get rich to *checks notes* get even richer?
Yeah I’m just gonna downvote this post. Ridiculous bias. You even fudged numbers to make Trump sound worse. Don’t give the right an example for their bias claims.
Not a Trump supporter, but this is an illogical narrative. The amount that he inherited was less than $100M and only over $500M when adjusted for inflation. Using index fund logic is irrational because it would assume that a young man would just live like a pauper his whole life and never spend anything. Anybody who has that much money at their finger tips will be spending like crazy as long as they can.
Not that I think that making a ton of money is impressive or that I support Trump, but clearly he had to go beyond just parking the money in index funds to live like a free spending rich playboy and grow his net worth into billions.
Trump muscled out all of his siblings to seize control of his dad’s estate when he had dementia
> Donald Trump was facing financial disaster in 1990 when he came up with an audacious plan to exert control of his father’s estate.
> His creditors threatened to force him into personal bankruptcy, and his first wife, Ivana, wanted “a billion dollars” in a divorce settlement, Donald Trump said in a deposition. So he sent an accountant and a lawyer to see his father, Fred Trump Sr., who was told he needed to immediately sign a document changing his will per his son’s wishes, according to depositions from family members.
> It was a fragile moment for the senior Trump, who was 85 years old and had built a real estate empire worth hundreds of millions of dollars. He would soon be diagnosed with cognitive problems, such as being unable to recall things he was told 30 minutes earlier or remember his birth date, according to his medical records, which were included in a related court case.
Bad math but I’m all in on index funds. Definitely the stress-free way to build wealth.
I hate Trump as much as the next guy but this is not how it works lmao.
so from 1982 to now he performed almost exactly as S&P 500
(with dividend reinvestment, starting with 200mln in S&P 500 in january 1982 he’d have about 22bln today)
which is actually pretty good, average investor performs worse than the S&P 500
OP finds out businesses are hard to run and harder to beat the average of the top businesses in the best capitalist country in the world.
Damn dude go outside or something
This is the most ugly egregious graph I have ever seen,
Yeah, what an idiot. Instead of sitting on his money like Scrooge McDuck, he took on a bunch of personal risk, creating thousands of jobs along the way, failed a bunch of times, never gave up, started more businesses, created more jobs, and made himself worse off, and doesn’t complain about it.
Never Trumper here, but this graph isn’t the ‘gotcha’ you think it is.
“Kids, you tried your best and you failed miserably. The lesson is: Never Try” – Homer Simpson
Does this assume that he wouldn’t have spent any of the money?
And had he just done that, he wouldn’t be a household name popular enough to become President.
His whole “Apprentice” schtick was based on perceived business acumen.
Really showing your intelligence with this post
I made a post under a different comment, but OP has made some significant math errors here.
The upper and lower estimates should be around $7.5B and $3.7B. That means that Trump had returns similar to the S&P 500 since 1975, depending on the exact inheritance he received.
Not anywhere close to the $16B-$30B shown in the graphic..
The major flaw is that OP is using an inflation adjustment on the initial value, but not on the historic market returns.
I’ve always wondered this! Thanks!
He’d also be 500x richer if he invested it into the right penny stock!
But he wouldn’t have become the president of the US had he never gone into business. How much would that be worth?
But would he have been president without the connections he made while in business?
I always fly Trump Airlines, piloted by a Trump University grad, while sipping Trump Water and savoring a Trump Steak on my way to a Trump Casino. Financed it all with a second mortgage from Trump Mortgage, plus a splash of Trump Vodka over Trump Ice. I’m flipping through Trump Magazine on the plane, waiting for our Trump Monopoly game to start before the Trump Network mixer. All booked conveniently on GoTrump.com.
But hey, people say he doesn’t know business. /s
To be fair, the same is true of 99% of investors (if they just invested in a mutual fund they would have done better)
“Most intelligent Data Scientist”
And if my Aunt had balls, she’d be my Uncle. What’s your point?
This is the second Trump related thing I’ve been recommended to me within a few hours and I almost never come here outside to see the random recommendations. Holy moly the propaganda machine is in full force I guess.
Don’t tell me, tell all the troglodyte fucktards who keep going “This country needs to be run by someone who’s a good businessman” and voted for this idiot.
Brushing aside the fact that he’s an awful human being and a fascist, he’s also a giant fucking clown, and has been since the 1980s. He was literally the butt of every joke about being a elitist, rich New York asshole until all our double digit IQ citizens rubbed three brain cells together, took a break from watching WCW, Duck Dynasty, and Fox News, decided that he should pick the next Supreme Court Justice, and voted for him.
And 2/3 of his estimated net worth comes from a massively inflated money laundering shell that loses millions every month and has practically no growth in its user base, yet is somehow worth more than X these days …
![[OC] Trump inherited $500 million from his father. He'd be 3x as rich if he'd invested it in an index fund and never gone into business.](https://www.europesays.com/wp-content/uploads/2024/10/dutxdtbor3yd1-1920x1024.png)
34 comments
[deleted]
Where does the $500 million figure come into play in your graph. It says he started with 44-88 million. Also where did you source the 44-88 million figure come from?
[deleted]
Have you included tax on investment income/gain?
So, what you are saying is, trickle down economics works.
Trump has passed his wealth on to his employees, subjobbers, and contractors.
And for a fair comparison, you have to know how much he SPENT every year.
I love to hate on Trump, but this is a weird comparison. Firstly, he ran what is largely a real estate business. Using the S&P 500, the collection of 500 largest and best performing companies of all industries ranging from tech to oil to banking, doesnt seem to be the correct benchmark. You’d likely want to compare his performacne to an index of REIT’s, likely commercial office REITs. Secondly, index funds were hardly even a thing back in the 70s when he got started and furthermore, the broad understanding of the overperformance of the market over individual securities wasn’t widely promoted until at least the 90s and really in earnest until the 2000s.
This is a bit of a strange argument.
Sure, the average investor should invest in index funds. But the system doesn’t work if businessmen try to invest in index funds instead of… Actually running businesses. Stocks and other business investments don’t exist if no one actually runs any businesses.
So the message is what… get rich and stay rich by never using your money? Just invest and get rich to *checks notes* get even richer?
Yeah I’m just gonna downvote this post. Ridiculous bias. You even fudged numbers to make Trump sound worse. Don’t give the right an example for their bias claims.
Not a Trump supporter, but this is an illogical narrative. The amount that he inherited was less than $100M and only over $500M when adjusted for inflation. Using index fund logic is irrational because it would assume that a young man would just live like a pauper his whole life and never spend anything. Anybody who has that much money at their finger tips will be spending like crazy as long as they can.
Not that I think that making a ton of money is impressive or that I support Trump, but clearly he had to go beyond just parking the money in index funds to live like a free spending rich playboy and grow his net worth into billions.
Trump muscled out all of his siblings to seize control of his dad’s estate when he had dementia
> Donald Trump was facing financial disaster in 1990 when he came up with an audacious plan to exert control of his father’s estate.
> His creditors threatened to force him into personal bankruptcy, and his first wife, Ivana, wanted “a billion dollars” in a divorce settlement, Donald Trump said in a deposition. So he sent an accountant and a lawyer to see his father, Fred Trump Sr., who was told he needed to immediately sign a document changing his will per his son’s wishes, according to depositions from family members.
> It was a fragile moment for the senior Trump, who was 85 years old and had built a real estate empire worth hundreds of millions of dollars. He would soon be diagnosed with cognitive problems, such as being unable to recall things he was told 30 minutes earlier or remember his birth date, according to his medical records, which were included in a related court case.
https://www.washingtonpost.com/graphics/2020/politics/donald-trump-father-will/
Bad math but I’m all in on index funds. Definitely the stress-free way to build wealth.
I hate Trump as much as the next guy but this is not how it works lmao.
so from 1982 to now he performed almost exactly as S&P 500
(with dividend reinvestment, starting with 200mln in S&P 500 in january 1982 he’d have about 22bln today)
which is actually pretty good, average investor performs worse than the S&P 500
OP finds out businesses are hard to run and harder to beat the average of the top businesses in the best capitalist country in the world.
Damn dude go outside or something
This is the most ugly egregious graph I have ever seen,
Yeah, what an idiot. Instead of sitting on his money like Scrooge McDuck, he took on a bunch of personal risk, creating thousands of jobs along the way, failed a bunch of times, never gave up, started more businesses, created more jobs, and made himself worse off, and doesn’t complain about it.
Never Trumper here, but this graph isn’t the ‘gotcha’ you think it is.
“Kids, you tried your best and you failed miserably. The lesson is: Never Try” – Homer Simpson
Does this assume that he wouldn’t have spent any of the money?
And had he just done that, he wouldn’t be a household name popular enough to become President.
His whole “Apprentice” schtick was based on perceived business acumen.
Really showing your intelligence with this post
I made a post under a different comment, but OP has made some significant math errors here.
The upper and lower estimates should be around $7.5B and $3.7B. That means that Trump had returns similar to the S&P 500 since 1975, depending on the exact inheritance he received.
Not anywhere close to the $16B-$30B shown in the graphic..
The major flaw is that OP is using an inflation adjustment on the initial value, but not on the historic market returns.
I’ve always wondered this! Thanks!
He’d also be 500x richer if he invested it into the right penny stock!
But he wouldn’t have become the president of the US had he never gone into business. How much would that be worth?
But would he have been president without the connections he made while in business?
I always fly Trump Airlines, piloted by a Trump University grad, while sipping Trump Water and savoring a Trump Steak on my way to a Trump Casino. Financed it all with a second mortgage from Trump Mortgage, plus a splash of Trump Vodka over Trump Ice. I’m flipping through Trump Magazine on the plane, waiting for our Trump Monopoly game to start before the Trump Network mixer. All booked conveniently on GoTrump.com.
But hey, people say he doesn’t know business. /s
To be fair, the same is true of 99% of investors (if they just invested in a mutual fund they would have done better)
“Most intelligent Data Scientist”
And if my Aunt had balls, she’d be my Uncle. What’s your point?
This is the second Trump related thing I’ve been recommended to me within a few hours and I almost never come here outside to see the random recommendations. Holy moly the propaganda machine is in full force I guess.
Don’t tell me, tell all the troglodyte fucktards who keep going “This country needs to be run by someone who’s a good businessman” and voted for this idiot.
Brushing aside the fact that he’s an awful human being and a fascist, he’s also a giant fucking clown, and has been since the 1980s. He was literally the butt of every joke about being a elitist, rich New York asshole until all our double digit IQ citizens rubbed three brain cells together, took a break from watching WCW, Duck Dynasty, and Fox News, decided that he should pick the next Supreme Court Justice, and voted for him.
And 2/3 of his estimated net worth comes from a massively inflated money laundering shell that loses millions every month and has practically no growth in its user base, yet is somehow worth more than X these days …
Comments are closed.