Trump has underperformed the real estate market by 57%

Discussion in 'Politics, Religion, Social Issues' started by Robisan, Mar 1, 2016.

  1. Robisan macrumors 6502

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    #1
    This is the expertise he'll bring to America? Excessive risk and way underperforming the market.

    How Donald Trump left $13 billion on table

    Donald Trump is the outperformer in most Republican presidential polls going into Super Tuesday, but he may be an underperformer in real estate after 40 years of dealmaking. Would he be a better president than property manager?

    “Mr. Trump has underperformed the real estate market by approximately $13.2 billion, or 57%,” since 1976, says John Griffin, a finance professor at the University of Texas, who compared Trump’s stated net worth with four decades of returns on the FTSE NAREIT All Equity REITS FNER, +2.70% Index.

    The NAREIT index, developed in the early 1970s by the Washington-based trade group the National Association of Real Estate Investment Trusts, tracks the performance of publicly traded real estate investment companies that own commercial properties, such as offices, hotels and apartments.

    Starting with Trump’s professed net worth of “more than $200 million” in an interview published by The New York Times in November 1976, Griffin says the FTSE NAREIT All Equity REITS Index-compounded return would have returned $23.2 billon at the end of 2015, “considerably above Mr. Trump’s recent self-reported net worth of approximately $10 billion.”

    ~~

    So “not only is the $13.2 billion a potential understatement of Trump’s underperformance,” Griffin concludes, “but also it seems he needed to take on a market-exceeding amount of risk in order to achieve his performance.”​
     
  2. sim667 macrumors 65816

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    #2
    Basically he's actually crap at what he does, which is what I've been saying for months.

    He got his wealth from inheritance, and through his "investments" has made the same amount as he would have done simply sticking in the bank and sitting on it.
     
  3. FieldingMellish Suspended

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    #3
    I think Mr. Trump's vast expertise will far overshadow that of our former know-nothing Community Organizer, aka agitator / troublemaker, who allowed ISIS to rise and flourish and whose administration and decision-making has led to the incredibly massive worldwide Migrant crisis.
     
  4. sim667 macrumors 65816

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  5. Meister Suspended

    Meister

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    #5
    Trump is so unsuccessfull, he is only a multi-billionaire. :D:p:eek:
    --- Post Merged, Mar 2, 2016 ---
    The global political establishment: Bush, Clinton, Obama, ...
     
  6. zioxide macrumors 603

    zioxide

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    #6
    Anyone can be a multi-billionaire when daddy hands them multiple billions of dollars. Guys nothing more than the reality TV version of Mitt Romney.

    Actually, come to think of it, Mitt Romney was a better business man.
     
  7. Meister Suspended

    Meister

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    #7
    Since when has his father handed him 'billions'.

    Wtf are you even talking about?
     
  8. lowendlinux Contributor

    lowendlinux

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    #8
    In today's dollars his old man left him a little over billion.
     
  9. Meister Suspended

    Meister

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    #9
    I seriously doubt that.

    I'll have to look at the inflation adjustment.
     
  10. lowendlinux Contributor

    lowendlinux

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    #10
    200 million in 1974 makes it just over a billion in 2016 according to the online calculator I used
     
  11. sim667 macrumors 65816

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    #11
    http://www.faireconomy.org/the_self_made_myth_infographic

     
  12. maxsix Suspended

    maxsix

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    #12
    It was ugly before Super Tuesday, but now that Trump has all but swept the field, the fear based attacks against the Strong, Determined Donald Trump are going to escalate to levels previously unheard of.

    Bubba has been feverishly working behind the scenes to bring Hussein and other progressive attack dogs in to attempt to Stop Trump.
     
  13. FieldingMellish Suspended

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    #13
    The only one handing anyone billions is your man, Obama, giving it over to "Death to America" Iran.
    --- Post Merged, Mar 2, 2016 ---
    Thus, Lefty Logic in action, folks. There you have it in writing.
     
  14. Smeaton1724 macrumors 6502a

    Smeaton1724

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    #14
    As an outsider to the USA the one thing I 'get' about Trump is that he does things, all his life he has built things, owned, sold, won and lost. This why he appears to be getting the vote. There's a huge selection of candidates/career politicians (The majority?!) in politics who haven't built anything, yet enjoy the critique and then believe their own opinion shows leadership qualities.
     
  15. k995 macrumors 6502a

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    #15
    Actually he played with the company his father build. Plenty in the race have done a lot more then that by themselves.
    --- Post Merged, Mar 2, 2016 ---


    You really believe that nonsense? Give me 1 source where it states the US will actually give money to iran.
     
  16. BenTrovato macrumors 68020

    BenTrovato

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    #16
    Same old story. Bash bash bash. No one talks about who we actually need. No one talks about rallying to get a high quality person running and winning the presidency. Everyone accepts the two-party system and spends their time bashing the candidates. Round and round we go. It's like we've been on repeat for the past hundred years.
     
  17. FieldingMellish Suspended

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    #17
  18. k995 macrumors 6502a

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    #18
    Can you read?

    "Unfrozen assets" "released"

    Iran afaik isnt getting 1 US dollar its getting its own money and whatever it can make a profit from in trade. The hundreds of billions from the US is more a talking point parrots like to repeat without actually having a clue whats it about.
     
  19. Huntn macrumors G5

    Huntn

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    #19
    The man's a genius. :rolleyes:

    You are saying Trump should not be critiqued, handled with kit gloves? With a split down down the middle there is a chasm with distinctly different ideas of who we need. I'll disagree with you at least regarding the Democrats. They have not been bashing. It's the GOP devouring each other and bashing Democrats whenever they have time for it.
     
  20. Zombie Acorn macrumors 65816

    Zombie Acorn

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    #20
    A professor at a university criticizes the real world performance of someone who has made billions on the real estate market. Yeh mmmk

    The guy made billions of dollars, that's not easy even if you start with millions. Criticizing Donald Trumps business success isn't going to be the way forward, he is already recognized as extremely successful.

    No one on the democrat side has been as successful, one of the candidates didn't bother getting a job.
    --- Post Merged, Mar 2, 2016 ---

    Did the US decide not to pay them interest?
     
  21. BenTrovato macrumors 68020

    BenTrovato

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    #21
    I'm saying, as long we focus on bashing the presented candidates instead of the people reforming the system to allow for brilliant men and women to run for the presidency, we get the same results. It's like this all over the world. There is no chasm of who we need. There's a chasm of arguing against the presented options and siding on one over the other. If you sat down and actually thought about it, none of the candidates offer what we need.
     
  22. sim667 macrumors 65816

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    #22
    What cost $200000000 in 1974 would cost $971063321.38 in 2015.

    According to : http://www.westegg.com/inflation/infl.cgi
    --- Post Merged, Mar 2, 2016 ---
    He could have stuck it in an index fund in 1988 and he'd be worth nearer 13 Bil, than the 4 Bil he is today according to this.

    http://fortune.com/2015/08/20/donald-trump-index-funds/

    So apparently it is quite easy if you start with "millions of dollars".
     
  23. thewap macrumors demi-god

    thewap

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    #23
    Kennedys, Rockefellers, Clinton cartel, Bush -- establishment. Of course if Trump was *the establishment* the aforementioned would be supporting Trump...cough..cough..

    The reason Trump is arch nemesis to the establishment is that a billionaire would actually run WITHOUT their help or conditions. FYI to run for prez it is estimated to cost near a billion I have heard..
     
  24. Huntn macrumors G5

    Huntn

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    #24
    Easy for you to say. ;) I disagree and argue that in US politics there is a huge chasm in the perception of who we need. In addition the environment of DC is so toxic that the best and brightest are staying away, not willing to jump into the **** storm for the National good, with arguably little abilty to make a difference when half the Congress is is going to say hell no. Who do I blame? Conservative voters grasping desperately at the past and a rigged system (gerry meandering and restrictions on voting) for advantage depending on who last got to mess with the rules.
     
  25. Zombie Acorn, Mar 2, 2016
    Last edited: Mar 2, 2016

    Zombie Acorn macrumors 65816

    Zombie Acorn

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    #25
    He built a business empire, blood gets spilled along the way, that's how business works. I know his accomplishments will never equal that of a community organizer, but he is quite successful.

    Also please source your information on Donald Trump inheriting 200 million in liquid assets that he could have dumped in a fund, unless you provide that stop posting.
    --- Post Merged, Mar 2, 2016 ---
    The democrats won the last two elections and started out in heavy control of the congress, isn't it a bit early to be pulling out the gerry meandering complaints already?
     

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