Kevin O'Leary. The next Conservative leader.

[davidI]

Originally posted by Gestalt
Some of you seem to only know about the TV Trump, and not the brilliant business man.

https://en.m.wikipedia.org/wiki/The_Trump_Organization

I've read from multiple sources that had Trump invested his inheritance in the S&P500 he'd be far wealthier than he is today. Truth is, he's a below average businessman.

[Buster]

Originally posted by davidI


I've read from multiple sources that had Trump invested his inheritance in the S&P500 he'd be far wealthier than he is today. Truth is, he's a below average businessman.

TRUMP’S INHERITANCE WOULD HAVE MADE MORE MONEY IN THE STOCK MARKET
Again, these are broke people scoffing at a businessman who made billions. Trump got $40 million in equity when his father died and today he’s worth $3.7 billion. Getting a million dollars and not blowing it all is an accomplishment. Look at lottery winners or retired athletes. According to economist Matt Palumbo, if Trump invested $40M in the market, today he would have $1.91 billion after tax. This assumes dozens of variables against Trump including the assumption he could liquidate his inheritance. At any rate, even when we throw liberals a bone with this hypothetical scenario he ends up almost $2 billion poorer.

[Seth1968]

Originally posted by R154


Oh I am sure that's the reason you didn't offer a logical and measured response.

Do you want sex with me or not?

[R154]

Originally posted by Gestalt


What part of getting lucky once do you value more than doing it a thousand times for decades.

He's been lucky way more than once.

On top of that, trump isn't making decisions by himself. He had hordes of advisors making sure the trust doesn't become critically impaired.

Let's look at how many hotels and casinos he has opened and closed at a loss. What about his airline? All the lies he had told about his actual income. The fact that he never released his taxes to show his actual income.

It's all smoke and mirrors. Looks like only oranges like you bought it.

Household name =/= success.

https://www.washingtonpost.com/ampht...siness-empire/

[R154]

Originally posted by Seth1968



Do you want sex with me or not?

And yet you didn't provide an answer.

Seems like you seem happy enough with your mental masturbating.

[ercchry]

The only real success trump had was developing real estate in NYC during BOOM times, you give a monkey that kind of seed money and you'd get the same results, then he thought he was a genius for a while and failed at everything. Now his success is purely from branding...

Mean while O'Leary sold a children's toy for an over inflated value, then again became a brand just like trump... lots of parallels between the two. Wouldn't trust either with my lunch money

What bothers me the most about Mr. Wonderful though is his abandonment of Canada for the greener pastures of the states. If that cocksucker really wanted to make a difference in this country he would be investing his money HERE and not down south

[J-hop]

There is a good documentary on Trump Someone had uploaded to YouTube I watched recently. Basically showed how poor a business man trump really is and how his decisions drove several of his companies to bankruptcy. Maybe underneath it all he is a good business man but the problem is he lets narcissism drive his business decisions.

But people that love him and eat up his tv persona like candy won't believe he is a poor business man that has had everything spoon fed to him in life.

[Canmorite]

O'Leary is too much of a blowhard for me, and his lack of empathy in his persona makes him appear hollow and ruthless. Say what you want about Trudeau, but running the country is not like running a business. Governments are not for profit.

[Gestalt]

Originally posted by J-hop
There is a good documentary on Trump Someone had uploaded to YouTube I watched recently. Basically showed how poor a business man trump really is and how his decisions drove several of his companies to bankruptcy. Maybe underneath it all he is a good business man but the problem is he lets narcissism drive his business decisions.

But people that love him and eat up his tv persona like candy won't believe he is a poor business man that has had everything spoon fed to him in life.

Hundreds and hundreds of successes so easily offset by maybe 10 failures?

A very brief story. http://www.investopedia.com/updates/...success-story/

[HuMz]

Any analysis of Trumps record as a businessman need to also factor in the wealth he created. Even if it were true that he could have made more money leaving his 40 million in the S & P, there wouldn't have been anywhere near the amount of wealth created. A good businessman takes risk and creates wealth though their businesses which in turn grows the economy. Moreover, Trump has done just that, employing 22000 people, plus all of the indirect workers who build his projects.

Hoarding all of your money and dumping it all into a single investment fund doesn't make one a good businessman. If anything it just means their a smart investor.

[J-hop]

^ also have to factor in the wealth he took away. How many fortunes were destroyed when he bankrupted several companies? Trumps casino line has apparently applied for bankruptcy more times than any American company in the last 30 years.

Keep in mind as well, the prime focus of a good business man is producing returns for the shareholders, full stop... if you can't beat the s&p 500 you're not doing a good job at that.

As far as I can find the main Trump organization has been the only long term success he's really had. But the trump organization was his fathers creation not his and is likely only doing well because trump doesn't have full control and is diversified enough that it can absorb the impacts of trumps attempted endeavours.

I find it interesting that people can agree that on TV he is a moron, doesn't think rationally, is a narcissist and makes poor decisions and yet they somehow think he can flip 180 and be this intelligent, well informed, rational minded successful business man. What you see is what you get, his tv persona is just an exaggerated version of himself. The only person that has dug deep into his past and still says he is a good business man is Trump himself....

[HiTempguy1]

Originally posted by ercchry


What bothers me the most about Mr. Wonderful though is his abandonment of Canada for the greener pastures of the states. If that cocksucker really wanted to make a difference in this country he would be investing his money HERE and not down south

So, he's a bad businessman, but he made the good business decision to take his money to a more friendly business climate, and so he's a bad businessman.

Fuck, some of you people are impossible

Also, I think a lot of people are forgetting that Oleary or Trump aren't the best picks. Shit, I pray for Harper to come back. But they are better than the alternative trudope completely fucking Alberta with zero care for us.

[phreezee]

Originally posted by Canmorite
Governments are not for profit.

Profit is being able to pay for services without running a deficit and maybe even having a "heritage fund." So yes, governments should be for profit.

[ercchry]

^^ at a minimum they should be net neutral

Originally posted by HiTempguy1


So, he's a bad businessman, but he made the good business decision to take his money to a more friendly business climate, and so he's a bad businessman.

Fuck, some of you people are impossible

Also, I think a lot of people are forgetting that Oleary or Trump aren't the best picks. Shit, I pray for Harper to come back. But they are better than the alternative trudope completely fucking Alberta with zero care for us.

No, he is a poor businessman that is also a hypocritical douchebag. Has the audacity to criticize the choices of people trying, however misguided... to improve this country while he himself has abandoned it

Being a self serving dick doesn't translate to him actually making better decisions.

[Gestalt]

Originally posted by phreezee


Profit is being able to pay for services without running a deficit and maybe even having a "heritage fund." So yes, governments should be for profit.

Where is this excess income going to come from? Corporations focus on earnings growth and income.

Business has no obligation to engage in non profitable aspects of business. Government is.

There is little similarity. I would think a staunch business approach would be a dismal failure.

But Trump with his vast expereince sees this, and knows the advantages and pitfalls.

[you&me]

Originally posted by ercchry
^^ at a minimum they should be net neutral



No, he is a poor businessman that is also a hypocritical douchebag. Has the audacity to criticize the choices of people trying, however misguided... to improve this country while he himself has abandoned it

Being a self serving dick doesn't translate to him actually making better decisions.

Maybe we need someone (perhaps O'Leary) to make Canada a more attractive place to invest...

[atgilchrist]

I don't get the myth of the Billionaire O'Leary. His stake in the Mattel deal was ~$6m, and his FundCo didn't exactly thrive.

He's a media personality, and a blowhard.

[phreezee]

Originally posted by Gestalt


Where is this excess income going to come from? Corporations focus on earnings growth and income.

Business has no obligation to engage in non profitable aspects of business. Government is.

There is little similarity. I would think a staunch business approach would be a dismal failure.

But Trump with his vast expereince sees this, and knows the advantages and pitfalls.

How does Norway, UAE, Kuwait, etc. do it? Not by shaming their citizens and putting a price on carbon in a country that is a net carbon sink. Not by taxing away investment, jobs and spending on sunny ways.

I'm not suggesting a "staunch business approach" is the best approach but the answer is usually somewhere in the middle. We had a Prime Minister with a Masters in Economics, and we replaced him with a silver spoon, trust fund son of a whore, drama teacher.

[adam c]

Maybe just maybe Canada needs to be run like a business for awhile and get it resources to market, with trump in power in the us and some of his reforms around things like nafta, Canada needs to rely less on the us being it's only trade partner - yes I know Canada does business with other countries but nothing like the USA

If O'Leary can push pipelines through to not only BC but eastern Canada then fuck yes full support

[JPB]

Originally posted by phreezee


How does Norway, UAE, Kuwait, etc. do it?

So we should nationalize our oil production like Norway and Kuwait?