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Trump vs. Buffet

#8

Quote:Donald Trump gave all of us the opportunity to invest in his brains, acumen and experience back in 1995.  Had you invested 25 grand in TRMP, you'd have been given $2500 in 2005.

 

Warren Buffett gave all of us the opportunity to invest in HIS brains, acumen, and experience back in the 1960s.  Had you invested 25 grand in BRK.A instead of TRMP in 1995, you would have had 90 grand in 2005 as Trump was declaring bankruptcy.  That same investment is now trading at $220,000.

 

Comparing one or two business entities out of what is currently a business conglomerate with over 500 legal entities is either a.) intellectually dishonest, or b.) a symptom of financial illiteracy. 


 

Buffett is a hero because he brought many of us along with him through his publicly traded stock, and just keeps on delivering.  If you want a piece of his leadership, it's readily available.  He's also a level-headed, brilliant man with ideas that could fix the economy, but he knows that it would never get through Congress - he's said as much.

 

Ahhhhhhh not so much.  In reality, this is someone who trafficked in Credit Default Swaps (nuclear weapons of finance his words.)  He wasn't at the treasury department sounding the alarm bell holding signs in the streets to try and avoid calamity.  He was on the right side of the risk table while allowing the economy to collapse.  He is now supporting the third term of the administration that allowed for the mergers and underwriting that created the financial swamp that almost ended the market economy as we understand it. 


 

​There's also a question of how ethical it is to make money on things you already know the answer to.  He lies to the public about being an ubber lefty advocating against the keystone xl pipeline and then when he's assured of its defeat he bets heavily on train companies that move fossil fuels.  He's another crony leftist who profits immensely pushing paper based on his unique ability to lobby federal policy based on his relationships to establishment insiders. 


 

As for the Clinton paragraph, I really don't believe that the Clintons are skimming from their foundation.  I don't know that much about it, except to say that the Clinton Global Initiative seems to be better regarded internationally than the American Red Cross.  I've heard enough garbage about members of both parties, that I always view unverified claims with a healthy dose of skepticism.

 

I got that.  Look up Doug Band and tell me.  The CLINTON FOUNDATION found in their own internal review that they were frought with conflicts of interest.  It got so bad that Chelsea Clinton started asking questions.  It's basically the third Godfather movie. 


 

So between Buffett and Trump, I choose Buffett.  Come to think of it, maybe I should buy some of his stock...
 

Go ahead.  You still haven't answered the basic question of why he hasn't put his name on a ballot or taken a post with treasury to rework the social security system if he is such a philanthropist.  That is where his skill set is most needed, that is where it could have the most impact, but he's content to sit on the sidelines and make billions eavesdropping on the executive branch!

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Messages In This Thread
Trump vs. Buffet - by jj82284 - 11-06-2016, 12:12 PM
Trump vs. Buffet - by Rashean27Mathis - 11-06-2016, 04:33 PM
Trump vs. Buffet - by anonymous2112 - 11-06-2016, 08:10 PM
Trump vs. Buffet - by flsprtsgod - 11-07-2016, 08:10 AM
Trump vs. Buffet - by jj82284 - 11-07-2016, 08:42 AM
Trump vs. Buffet - by anonymous2112 - 11-07-2016, 06:19 PM
Trump vs. Buffet - by BigJag57 - 11-07-2016, 07:30 PM
Trump vs. Buffet - by jj82284 - 11-07-2016, 10:43 PM



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