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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|⇒ Performance matters|
[w/response] [95 words]
|Duane Hershberger||Feb 26, 2016 19:59|
|Inheritance [73 words]||James b||Feb 26, 2016 19:10|
|Going back a bit further: [45 words]||Lyle||Feb 26, 2016 18:32|
|Re. A weak Argument Against Mr. Trump [44 words]||Nadia Diab||Feb 26, 2016 17:50|
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