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U.S President: Donald Trump
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Old 04-11-2017, 09:59   #2461
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Re: U.S President: Donald Trump

I dare say the origins of many rich people's wealth has come from inheritance in one form or another. Not sure that proves much in itself or is a reason for denigrating anyone.
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Old 04-11-2017, 10:04   #2462
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Re: U.S President: Donald Trump

Oh dear here's a bit a 'fake news' that won't go down well in Trump's echo chamber.

Quote:
Major report by government agencies goes against senior members of Trump administration and finds evidence of global warming stronger than ever
https://www.theguardian.com/environm...y_to_clipboard

His own federal agencies spreading these lies aswell; maybe he can just abolish them all ?
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Old 04-11-2017, 10:16   #2463
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Re: U.S President: Donald Trump

Quote:
Originally Posted by Osem View Post
I dare say the origins of many rich people's wealth has come from inheritance in one form or another. Not sure that proves much in itself or is a reason for denigrating anyone.
I think you've missed Hugh's point.

---------- Post added at 09:16 ---------- Previous post was at 09:10 ----------

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Originally Posted by Mr K View Post
Oh dear here's a bit a 'fake news' that won't go down well in Trump's echo chamber.


https://www.theguardian.com/environm...y_to_clipboard

His own federal agencies spreading these lies aswell; maybe he can just abolish them all ?
Pesky liberal tree-hugging so-called experts! We don't need to read such tax-payer funded nonsense. Let's spend the money saved on tax cuts to the squeezed upper classes!
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Old 04-11-2017, 10:34   #2464
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Re: U.S President: Donald Trump

[QUOTE=1andrew1;35923182]I think you've missed Hugh's point.[COLOR="Silver"]



Jealousy


go Donald
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Old 04-11-2017, 10:39   #2465
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Re: U.S President: Donald Trump

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Originally Posted by papa smurf View Post
go Donald
He has gone, on a long tour to Asia, lucky US !

Wonder if they can build a massive wall round the country whilst he's away ?
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Old 04-11-2017, 10:46   #2466
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Re: U.S President: Donald Trump

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Originally Posted by Mr K View Post
He has gone, on a long tour to Asia, lucky US !

Wonder if they can build a massive wall round the country whilst he's away ?
Really looking forward to the foot-in-mouth moments that this trip provides!
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Old 04-11-2017, 11:02   #2467
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Re: U.S President: Donald Trump

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Really looking forward to the foot-in-mouth moments that this trip provides!
The Donald and Prince Philip should do a world tour
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Old 04-11-2017, 11:09   #2468
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Re: U.S President: Donald Trump

For those who think I've missed Hugh's point I wasn't referring specifically to that or I'd have quoted it his comment. I was referring to the wider feeling in society that Trump and people who've inherited wealth haven't necessarily done anything worthwhile or productive on their own account. Time will tell how successful Trump is or isn't and how he got where he is.

---------- Post added at 10:09 ---------- Previous post was at 10:07 ----------

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The Donald and Prince Philip should do a world tour
Yes maybe they'd make as much money on the circuit as people like Clinton, Blair et al in spite of the wrongs they did.
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Old 04-11-2017, 11:13   #2469
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Re: U.S President: Donald Trump

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Originally Posted by papa smurf View Post
The Donald and Prince Philip should do a world tour
I'd subscribe to a live stream! I find Prince Philip funny, my guilty treat!
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Old 04-11-2017, 15:05   #2470
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Re: U.S President: Donald Trump

Quote:
Originally Posted by Osem View Post
I dare say the origins of many rich people's wealth has come from inheritance in one form or another. Not sure that proves much in itself or is a reason for denigrating anyone.
Because the original statement was that he was a savvy businessman, and I showed he would have been richer if he had just invested his loans/inheritance in index trackers, so not such a savvy businessman...
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Old 04-11-2017, 15:10   #2471
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Re: U.S President: Donald Trump

Quote:
Originally Posted by Hugh View Post
Because the original statement was that he was a savvy businessman, and I showed he would have been richer if he had just invested his loans/inheritance in index trackers, so not such a savvy businessman...
i'm sure he wishes he had your billions and financial acumen
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Old 04-11-2017, 16:29   #2472
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Re: U.S President: Donald Trump

Quote:
Originally Posted by Hugh View Post
Because the original statement was that he was a savvy businessman, and I showed he would have been richer if he had just invested his loans/inheritance in index trackers, so not such a savvy businessman...
He could have lost a lot of money doing that too and still could - no investments are totally safe.

As I've already stated my point was a wider one about those who seem to feel inheriting money and keeping it is easy.
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Old 04-11-2017, 17:01   #2473
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Re: U.S President: Donald Trump

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Originally Posted by Osem View Post
As I've already stated my point was a wider one about those who seem to feel inheriting money and keeping it is easy.
Inheriting money is pretty much a case of luck. Investing that money in tracker funds is easy.
Hugh's point was that if Trump had invested his inherited wealth and loan in shares he would have made more money than he has done as a property and leisure entrepreneur. That's factually correct.
Personally, I give credit to Trump for running a business but nothing you or I have said undermines the truth of Hugh's argument. Nor does it make Hugh jealous of Trump or vice versa.
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Old 04-11-2017, 17:06   #2474
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Re: U.S President: Donald Trump

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Originally Posted by 1andrew1 View Post
Inheriting money is pretty much a case of luck. Investing that money in tracker funds is easy.
Hugh's point was that if Trump had invested his inherited wealth and loan in shares he would have made more money than he has done as a property and leisure entrepreneur. That's factually correct.
Personally, I give credit to Trump for running a business but nothing you or I have said undermines the truth of Hugh's argument. Nor does it make Hugh jealous of Trump or vice versa.
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Old 04-11-2017, 18:28   #2475
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Re: U.S President: Donald Trump

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Originally Posted by Hugh View Post
Because the original statement was that he was a savvy businessman, and I showed he would have been richer if he had just invested his loans/inheritance in index trackers, so not such a savvy businessman...
Mmm still sounds like you're jealous he isn't as rich as he could easily have been
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