Performance matters

Reader comment on: A Weak Argument Against Trump

Submitted by Duane Hershberger (United States), Feb 26, 2016 19:59

If I had parlayed the small debt my father left me into the $200 million The Donald started with, that would be a story of accomplishment. Accomplishment is Mr. Trump's claim to fame. However, by some accounts - given starting with $200 million - he has performed far less well than an unmanaged index fund. "Trump Worth $10 Billion Less Than If He'd Simply Invested in Index Funds" http://finance.yahoo.com/news/why-probably-better-investing-donald-233020366.html?.gg_invalid=true Attacking those who are rich by inheritance, simply for the inheritance, is to be deplored. Pointing out that Trump is an underperformer is quite appropriate, however.

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The Future of Capitalism replies:

I've read elsewhere that that index fund analysis ignores both consumption and taxes.

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Other reader comments on this item

Title By Date
Trump and inherited wealth [76 words]Harry BinswangerMar 1, 2016 14:07
↔ Trump may be no Objectivist but Binswanger misrepresents him [222 words]Mark HunterMar 9, 2016 20:16
↔ Reply to Mark Hunter on Trump [15 words]Harry BinswangerMar 21, 2016 10:01
Maybe...but not so fast [92 words]Marc SeganFeb 27, 2016 10:24
On the other hand... [31 words]SamgrFeb 27, 2016 05:22
Agreement, with a condition [134 words]David MoranFeb 26, 2016 21:26
⇒ Performance matters
[w/response] [95 words]		Duane HershbergerFeb 26, 2016 19:59
Inheritance [73 words]James bFeb 26, 2016 19:10
Going back a bit further: [45 words]LyleFeb 26, 2016 18:32
Re. A weak Argument Against Mr. Trump [44 words]Nadia DiabFeb 26, 2016 17:50

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