fallguy wrote:
Yeah, in the battle of Trump's business career vs. Index fund, you're better off with the latter.
Sort of related: it's beyond me why people like to trumpet the idea that we need a businessman (it's always a man they want) in charge of the government. As though a national public policy organization is best served by Wall Street style thinking.
The best numbers I can find is that Trump got 14 million from his daddy and today he is worth around 3 Billion.
He got the 14 million 1975 when the S&P 500 was at 83 (the loan may have been later and for less but I will use numbers to help your argument. The index is now at 2550 or 31 times what it was in '75. That means, if invested in the market Trumps 14 million would be worth 434 million. Now here is the strange thing. 3 Billion is more than 434 million. So, your assertion is wrong. Trump out performed the market. QED.
But, I thought people who just invested their money in the market are EVIL.

But Trump didn't do that he actually built something. And it wasn't all Trump, and I could be wrong, but I seem to recall the neighborhood around Trump Tower was pretty bad before he built it. How many just did he create building it?