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Community Forums => The Lounge => Topic started by: TightEnd on October 27, 2015, 12:26:24 PM



Title: Top Trumps?
Post by: TightEnd on October 27, 2015, 12:26:24 PM
i mean, can you imagine it?

Why Donald Trump could win the Republican nomination

http://bloom.bg/1WffWZC 

(https://pbs.twimg.com/media/CSUOvikWcAAtpW_.jpg)


Title: Re: Top Trumps?
Post by: The Camel on October 27, 2015, 12:35:40 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman


Title: Re: Top Trumps?
Post by: DaveShoelace on October 27, 2015, 12:44:30 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Ha, this is what I assumed, glad to see it.






Title: Re: Top Trumps?
Post by: DaveShoelace on October 27, 2015, 12:44:57 PM
If Trump gets in, Bush will lose his title as the stupidest president ever.


Title: Re: Top Trumps?
Post by: bobAlike on October 27, 2015, 12:55:32 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?


Title: Re: Top Trumps?
Post by: tikay on October 27, 2015, 01:06:40 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.


Title: Re: Top Trumps?
Post by: DungBeetle on October 27, 2015, 01:30:45 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely not possible?  Not that I like the bloke, but wasn't his seed capital $1million in 1970, which would be about $7 million today.  Pretty sure the S&P hasn't outperformed by a factor of 1000!



Title: Re: Top Trumps?
Post by: bobAlike on October 27, 2015, 01:32:09 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes


Title: Re: Top Trumps?
Post by: AlunB on October 27, 2015, 01:43:50 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely not possible?  Not that I like the bloke, but wasn't his seed capital $1million in 1970, which would be about $7 million today.  Pretty sure the S&P hasn't outperformed by a factor of 1000!



The simplest version of the comparison seems to be that if Trump had taken his $40 million inheritance from his father in 1974, converted it into cash, and invested it in the S&P 500, reinvesting all dividends and spending no money along the way, he'd have about $2.3 billion or so today, depending on how you do the math. Bloomberg computes his actual net worth as $2.9 billion, so he's modestly outperformed the S&P over his career, again depending on how you do the math

http://www.bloombergview.com/articles/2015-09-03/should-donald-trump-have-indexed-


Title: Re: Top Trumps?
Post by: DungBeetle on October 27, 2015, 01:56:44 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely not possible?  Not that I like the bloke, but wasn't his seed capital $1million in 1970, which would be about $7 million today.  Pretty sure the S&P hasn't outperformed by a factor of 1000!



The simplest version of the comparison seems to be that if Trump had taken his $40 million inheritance from his father in 1974, converted it into cash, and invested it in the S&P 500, reinvesting all dividends and spending no money along the way, he'd have about $2.3 billion or so today, depending on how you do the math. Bloomberg computes his actual net worth as $2.9 billion, so he's modestly outperformed the S&P over his career, again depending on how you do the math

http://www.bloombergview.com/articles/2015-09-03/should-donald-trump-have-indexed-

Ah okay - I always read about his $1 million loan he got to start his career.  Assumed they were using that.


Title: Re: Top Trumps?
Post by: The Camel on October 27, 2015, 02:03:29 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes

Being born the son of a millionaire is more than enough luck than any human deserves.


Title: Re: Top Trumps?
Post by: AlunB on October 27, 2015, 02:04:40 PM
Think the $1m is a bit of a red flag. As I've read elsewhere he was already president of his dad's real estate empire at that point, so it was more like his dad funded a subsidiary. Either way he inherited his dad's massive portfolio when he died.


Title: Re: Top Trumps?
Post by: The Camel on October 27, 2015, 04:16:45 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes

Being born the son of a millionaire is more than enough luck than any human deserves.

Really Donald Trump is the poster boy for what I was trying to explain.

The idiot is clearly an absolute fucking buffoon and yet he is one of the richest and most successful men in the world.

Pure luck and yet I'd gladly lay 1000/1 he would admit how lucky he's been.


Title: Re: Top Trumps?
Post by: Woodsey on October 27, 2015, 04:53:37 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

 :D


Title: Re: Top Trumps?
Post by: DungBeetle on October 27, 2015, 05:24:40 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes

Being born the son of a millionaire is more than enough luck than any human deserves.

Really Donald Trump is the poster boy for what I was trying to explain.

The idiot is clearly an absolute fucking buffoon and yet he is one of the richest and most successful men in the world.

Pure luck and yet I'd gladly lay 1000/1 he would admit how lucky he's been.

Was going to take the 1000/1 he'd show a bit of humility but then I read this:

"My whole life really has been a 'no' and I fought through it," Trump said Monday at an NBC-sponsored town hall here. "It has not been easy for me, it has not been easy for me. And you know I started off in Brooklyn, my father gave me a small loan of a million dollars."

:D


Title: Re: Top Trumps?
Post by: AlunB on October 27, 2015, 05:36:43 PM
Which of course is worth about $5m in today's terms as best I can work out.


Title: Re: Top Trumps?
Post by: bobAlike on October 27, 2015, 06:06:37 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes

Being born the son of a millionaire is more than enough luck than any human deserves.

Really Donald Trump is the poster boy for what I was trying to explain.

The idiot is clearly an absolute fucking buffoon and yet he is one of the richest and most successful men in the world.

Pure luck and yet I'd gladly lay 1000/1 he would admit how lucky he's been.

I honestly know very little of the man but didn't come up with the idea of building 'up' in NY as floor space was very limited?


Title: Re: Top Trumps?
Post by: TightEnd on October 27, 2015, 06:39:48 PM
New CBS Republican national nominee poll has Trump in 2nd place

 26% – Carson 22% – Trump 8% – Rubio 7% – Bush, Fiorina (tied)


Title: Re: Top Trumps?
Post by: kukushkin88 on October 27, 2015, 07:13:04 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes

Being born the son of a millionaire is more than enough luck than any human deserves.

Really Donald Trump is the poster boy for what I was trying to explain.

The idiot is clearly an absolute fucking buffoon and yet he is one of the richest and most successful men in the world.

Pure luck and yet I'd gladly lay 1000/1 he would admit how lucky he's been.

I honestly know very little of the man but didn't come up with the idea of building 'up' in NY as floor space was very limited?

Skyscraper's pre-date Trump by circa 70 years, so, no.


Title: Re: Top Trumps?
Post by: Doobs on October 27, 2015, 07:23:16 PM
New CBS Republican national nominee poll has Trump in 2nd place

 26% – Carson 22% – Trump 8% – Rubio 7% – Bush, Fiorina (tied)

Carson is anti abortion, doesn't believe in global warming and recently blamed the father rather than gun control for the latest mass shooting.  No idea how he qualified as a neuro surgeon. 


Title: Re: Top Trumps?
Post by: bobAlike on October 27, 2015, 07:32:35 PM
"Bloomberg puts Trump's current net worth at $2.9 billion.

"The NJ has worked out that if Trump had just put his father's money in a mutual fund which tracked the S&P 500 and spent his 'career' finger painting, he'd have $8 billion"


#masterbusinessman

Surely it's all down to luck and not his ability as a businessman?

Not so much luck, as leveraged finance.

The man's a wrong 'un, I'd rather trust a Greek bloke.

Was just referring to an earlier discussion where Keith was talking about luck getting you to the top.

BTW Never trust Greek blokes

Being born the son of a millionaire is more than enough luck than any human deserves.

Really Donald Trump is the poster boy for what I was trying to explain.

The idiot is clearly an absolute fucking buffoon and yet he is one of the richest and most successful men in the world.

Pure luck and yet I'd gladly lay 1000/1 he would admit how lucky he's been.

I honestly know very little of the man but didn't come up with the idea of building 'up' in NY as floor space was very limited?

Skyscraper's pre-date Trump by circa 70 years, so, no.

Lol.

I mean he extended upwards on existing buildings instead of demolishing them.


Title: Re: Top Trumps?
Post by: TightEnd on November 15, 2015, 11:15:52 AM
The strange Trump and Carson phenomenon explained

http://www.bbc.co.uk/news/world-us-canada-34824987


Title: Re: Top Trumps?
Post by: TightEnd on November 15, 2015, 02:16:34 PM
maybe this will get a reply or two

YouTube: http://www.youtube.com/watch?v=1fdjHjzvZoI


Title: Re: Top Trumps?
Post by: TightEnd on November 16, 2015, 11:04:41 AM
maybe this will get a reply or two


no, too optimistic

watch it, remarkable that this man is leading the polls to be republican candidate


Title: Re: Top Trumps?
Post by: DaveShoelace on November 16, 2015, 11:08:33 AM
maybe this will get a reply or two


no, too optimistic

watch it, remarkable that this man is leading the polls to be republican candidate

I think it makes perfect sense that he is leading the polls to be the republican candidate. He is only echoing what (hard core) republican's believe.

Now if he was leading the democratic polls or a UK poll, that would be a surprise.



Title: Re: Top Trumps?
Post by: FUN4FRASER on November 17, 2015, 12:11:37 AM
If Trump gets in, Bush will lose his title as the stupidest president ever.

Ronald Reagan must be a runner !


Title: Re: Top Trumps?
Post by: George2Loose on November 17, 2015, 01:47:40 AM
It's astonishing and very scary that people think that way about guns.

Incidents like Paris must help him in the polls


Title: Re: Top Trumps?
Post by: Woodsey on November 17, 2015, 01:50:20 AM
It's astonishing and very scary that people think that way about guns.

Incidents like Paris must help him in the polls

Trump or Corbyn, hmm.....


Title: Re: Top Trumps?
Post by: MintTrav on November 17, 2015, 02:31:58 AM
If Trump gets in, Bush will lose his title as the stupidest president ever.

Ronald Reagan must be a runner !

Seemed to be on top of the issues when facing off against the Press Corps.

YouTube: http://www.youtube.com/watch?v=zdngN5gAVRs


Title: Re: Top Trumps?
Post by: TightEnd on November 20, 2015, 12:27:40 PM
Trump traded at his lowest odds to date this morning at 4.60 for the nomination and 10.00 for the presidency.

https://betting.betfair.com/politics/us-politics/republican-nomination-odds---donald-trump-shortens-on-betfair-201115-171.html


Title: Re: Top Trumps?
Post by: DaveShoelace on November 20, 2015, 12:33:42 PM
Trump traded at his lowest odds to date this morning at 4.60 for the nomination and 10.00 for the presidency.

https://betting.betfair.com/politics/us-politics/republican-nomination-odds---donald-trump-shortens-on-betfair-201115-171.html

Coincides with him stating he would make muslims in the US sign a register.

Murica


Title: Re: Top Trumps?
Post by: TightEnd on November 22, 2015, 10:47:11 AM
The rise and rise of Donald Trump in the Republican nominee betting on Betfair

(https://pbs.twimg.com/media/CUTv2yOWUAAPi_E.jpg)