Hot or Not BREAKING: If Clinton wins the Dem. nomination, Donald Trump will win the presidency. Count on it - Page 3 - GoFuckYourself.com

plaster · 04-28-2016, 08:11 AM

Quote:

Originally Posted by Sly

The data is available and there have been many studies on it. Time and time again, second-generation loses a huge chunk, third-generation destroys the rest as well as the name.

70% of Rich Families Lose Their Wealth by the Second Generation

Donald Trump is indeed a brash, blowhard. The idea that "anyone" can take $40M and turn it into B's is bitter nonsense. If that were the case, we would have even more billionaires.

Donald Trump turned a 1 million dollar loan into his empire. The million dollars was handed to him on a silver platter but what he did with it was not. America needs many more business men like him instead of whiners.

I understand why you said what you did (because media told you) but aren't you sick of being lied to every single day?

Yanks_Todd · 04-28-2016, 08:14 AM

Quote:

Originally Posted by dyna mo

Ask most big lottery winners how hard it is to not only keep 10s of millions of dollars, but to parlay it into more. Ask Dan Bilzerian how hard it is to increase $60 million he got from his old man.

The assumption wealth begets wealth is not widely accurate.

To be fair lottery winners are in a different sub-set. The rich have connections, a name and are afforded the opportunity for a good education. Your typical lottery winner is not exactly set up for success. Does Dan try? His FB posts don't seem to focus much on him working much.

Yanks_Todd · 04-28-2016, 08:16 AM

Quote:

Originally Posted by plaster

Donald Trump turned a 1 million dollar loan into his empire. The million dollars was handed to him on a silver platter but what he did with it was not. America needs many more business men like him instead of whiners.

I understand why you said what you did (because media told you) but aren't you sick of being lied to every single day?

He did then receive an inheritance. He is great at marketing "Trump" he was known in NYC as a successful real estate mogul before he bought anything. That is insanely impressive, but his business track record is not really that great.

Sly · 04-28-2016, 08:28 AM

Quote:

Originally Posted by Yanks_Todd

I stand mostly corrected. He did not squander the money with bad decision or at least he was able to overcome them. However anyone can turn $40 billion dollars into $1 billion with mutual funds. That part is still correct.

And the other $4-9B (depending on who is talking) came from where?

Nobody seems to know about the $40M either. The Don claims it was $1M, Rubio seemed to be pulling numbers out of the air with no substantiation. The Washington Post tried to figure it out, they did not get any further than Rubio.

Even if it was $40M, it would have been given out around the time his father died in 1999. 17 years at 10% (generous but the wealthy have access to better funds) is $250M. Now did he get money as gifts before that? Loans? I'm sure he did. Doesn't account for a $4-9B gap.

Call him an obnoxious, orange, blowhard all you want. Blowing off $40M (or whatever) to $5-9B as something that "anyone can do" is just silliness.

Robbie · 04-28-2016, 09:15 AM

Quote:

Originally Posted by Yanks_Todd

He is not self made. You do not start with $40 million dollars and be self made. Sorry.

Why would you make that 40 million statement when you know that it's not true?

Some biased opinion guy tried to estimate that his father's company was worth 200 million in the early 1970's. I haven't seen ANY proof that was ever true. Would have made his father one of the richest people in the world in the world back then. Keep in mind that our money wasn't worthless in the 1970's and Howard Hughes being a billionaire was mind-blowing to people.

Trump got a one million dollar loan from his dad. He paid it back. He bought out the other 4 siblings when his dad actually turned over the old company.

Yes, he built a huge and powerful company over the decades and has the experiences of almost 50 years of navigating business on a worldwide basis.

Robbie · 04-28-2016, 09:18 AM

Heh-heh....what a bunch of nonsense that Yanks_Todd turned the thread into.

Nice troll man. You hijacked the thread and turned into ANOTHER boring fight over whether or not a BILLIONAIRE businessman is competent at....business! LOL!

Oh well, it was a nice political discussion for a couple of pages. Now it's just another GFY stupid-fest...and like a dumbass I participated in the stupidity. lol

dyna mo · 04-28-2016, 09:59 AM

Quote:

Originally Posted by Yanks_Todd

To be fair lottery winners are in a different sub-set. The rich have connections, a name and are afforded the opportunity for a good education. Your typical lottery winner is not exactly set up for success. Does Dan try? His FB posts don't seem to focus much on him working much.

to be even more fair, your original claim was that the majority of people (50%), anyone, if given $40m would grow that into even more wealth, regardless of connections.

that's just not an accurate assumption at all.

ilnjscb · 04-28-2016, 10:32 AM

Quote:

Originally Posted by mineistaken

I don't believe that (not that he said that, but that 30% would vote for Trump/R).
Where did he get those numbers, maybe some 5 person radio poll?

I mean do you really believe 30 percent of blacks will vote republican (in case of Trump being the candidate)?

I believe he will get more than any republican has in many years

Yanks_Todd · 04-28-2016, 11:03 AM

Quote:

Originally Posted by dyna mo

to be even more fair, your original claim was that the majority of people (50%), anyone, if given $40m would grow that into even more wealth, regardless of connections.

that's just not an accurate assumption at all.

I said I stood corrected on that above.

Yanks_Todd · 04-28-2016, 11:04 AM

Quote:

Originally Posted by Sly

And the other $4-9B (depending on who is talking) came from where?

Nobody seems to know about the $40M either. The Don claims it was $1M, Rubio seemed to be pulling numbers out of the air with no substantiation. The Washington Post tried to figure it out, they did not get any further than Rubio.

Even if it was $40M, it would have been given out around the time his father died in 1999. 17 years at 10% (generous but the wealthy have access to better funds) is $250M. Now did he get money as gifts before that? Loans? I'm sure he did. Doesn't account for a $4-9B gap.

Call him an obnoxious, orange, blowhard all you want. Blowing off $40M (or whatever) to $5-9B as something that "anyone can do" is just silliness.

He values his brand at somewhere around $5B I believe.

Yanks_Todd · 04-28-2016, 11:06 AM

Quote:

Originally Posted by dyna mo

to be even more fair, your original claim was that the majority of people (50%), anyone, if given $40m would grow that into even more wealth, regardless of connections.

that's just not an accurate assumption at all.

I never said anyone. Re read the post.

Yanks_Todd · 04-28-2016, 11:09 AM

Quote:

Originally Posted by Robbie

Heh-heh....what a bunch of nonsense that Yanks_Todd turned the thread into.

Nice troll man. You hijacked the thread and turned into ANOTHER boring fight over whether or not a BILLIONAIRE businessman is competent at....business! LOL!

Oh well, it was a nice political discussion for a couple of pages. Now it's just another GFY stupid-fest...and like a dumbass I participated in the stupidity. lol

I think he is a brilliant billionaire self promoter. I believe he is the Micheal Jordan of self-promoters that is not knock on the guy, however that is different from being a business man. Zuckerberg is a billion dollar business man and a shitty promoter. Does he deserve the money, absolutely. Did he earn it absolutely. Was he given a head start in which many people could have done the same. Absolutely. Not everyone, but a lot of people could do the same. My opinion.

JohnnyClips - BANNED FOR LIFE · 02-27-2017, 05:05 PM

Good prediction, OP

poncabare · 02-27-2017, 06:27 PM

Quote:

Originally Posted by ilnjscb

Van Jones is a smart dude, but ....

Delegate Calculator - What Would It Take To Turn The Blue States Red

Blacks will not turn out like they did for Obama, at 66%. He would need to get 30% of the black vote at 55%+ turnout to beat her, not 15%. I doubt he'll get 30%. However, whites with no college degree will turn out in greater numbers. That, based on what he has said, seems to be his strategy, to take back the Reagan democrats.

Van Jones is a race baiting asshole

Joshua G · 02-27-2017, 06:39 PM

i remember that article OP. funny how huffpost actually belches out insightful perspectives once in a while.

fact is, trumps win was predicted by the primaries. a handful of libs saw it coming. the link made the case. everybody else drank the liberal polling cool aid, & dismissed the primaries.

& looked really dumb when they said it wouldnt even be close.

JohnnyClips - BANNED FOR LIFE · 03-01-2017, 07:58 AM

I don't think rochard will be posting in this thread any time soon rofl

Bladewire · 03-01-2017, 08:04 AM

JohnnyClips - BANNED FOR LIFE · 03-01-2017, 08:05 AM

Quote:

Originally Posted by Yanks_Todd

I think he is a brilliant billionaire self promoter. I believe he is the Micheal Jordan of self-promoters that is not knock on the guy, however that is different from being a business man. Zuckerberg is a billion dollar business man and a shitty promoter. Does he deserve the money, absolutely. Did he earn it absolutely. Was he given a head start in which many people could have done the same. Absolutely. Not everyone, but a lot of people could do the same. My opinion.

Zuckerberg is a billion dollar business man?! How in the fuck is facebook even worth anything?

Joshua G · 03-01-2017, 08:14 AM

Quote:

Originally Posted by JohnnyClips

I don't think rochard will be posting in this thread any time soon rofl

of course not. its not in the nature of the liberal to be humble, to take responsibility, to inflect. its always the opposite...pretend you never said dumb things that are proven completely wrong by subsequent events. & keep on quacking the same bullshit, the from same bullshit sources, the same bullshit polls, as if they are still honest. obviously not.

its like dumb libs live in a comic book or something.

Bladewire · 03-01-2017, 08:18 AM

Fake nics should have been banned months ago

JohnnyClips / JohnnyNight / Joshua G / John1975

JohnnyClips - BANNED FOR LIFE · 03-01-2017, 08:42 AM

Quote:

Originally Posted by Joshua G

of course not. its not in the nature of the liberal to be humble, to take responsibility, to inflect. its always the opposite...pretend you never said dumb things that are proven completely wrong by subsequent events. & keep on quacking the same bullshit, the from same bullshit sources, the same bullshit polls, as if they are still honest. obviously not.

its like dumb libs live in a comic book or something.

This thread is pure gold!

04-28-2016, 09:18 AM	#106
Robbie Leaner, Meaner, Faster Industry Role: Join Date: Aug 2002 Location: Vegas Posts: 20,841	Heh-heh....what a bunch of nonsense that Yanks_Todd turned the thread into. Nice troll man. You hijacked the thread and turned into ANOTHER boring fight over whether or not a BILLIONAIRE businessman is competent at....business! LOL! Oh well, it was a nice political discussion for a couple of pages. Now it's just another GFY stupid-fest...and like a dumbass I participated in the stupidity. lol __________________ -Robbie ClaudiaMarie.Com

03-01-2017, 08:04 AM	#117
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	__________________ Skype: CallTomNow

02-27-2017, 05:05 PM	#113
JohnnyClips - BANNED FOR LIFE Trump! Industry Role: Join Date: Feb 2011 Location: Rent free in Bladewire's head Posts: 6,442	Good prediction, OP

02-27-2017, 06:39 PM	#115
Joshua G dumb libs love censorship Industry Role: Join Date: Jul 2008 Posts: 8,198	i remember that article OP. funny how huffpost actually belches out insightful perspectives once in a while. fact is, trumps win was predicted by the primaries. a handful of libs saw it coming. the link made the case. everybody else drank the liberal polling cool aid, & dismissed the primaries. & looked really dumb when they said it wouldnt even be close.

03-01-2017, 07:58 AM	#116
JohnnyClips - BANNED FOR LIFE Trump! Industry Role: Join Date: Feb 2011 Location: Rent free in Bladewire's head Posts: 6,442	I don't think rochard will be posting in this thread any time soon rofl

03-01-2017, 08:18 AM	#120
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	Fake nics should have been banned months ago JohnnyClips / JohnnyNight / Joshua G / John1975