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" 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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