Donald Trump goes stupid

[byzantium]

Has anybody looked at today's (Monday 5/18) WSJ yet? Apparently Donald Trump is suing some dude who wrote a book about how Donald is only worth $250 million. Donald gave a deposition about how he values his empire, and it's eye opening for us little entrepreneurs who have worshipped this guy since we were kids. He values big projects in his mind. Some of it is based on feelings. If he rents his name to another developer who slaps it on a building, Donald claims ownership of the building. The upshot? He's far poorer than we've been led to believe, and a lot of his "empire" is based on braggadocio. So we have a guy who styles his apartments in Louis XIV style so he looks richer than he actually is. And with the real estate crash, many of his projects are struggling. So he is basically broke. And we worship this dude as an avatar of capitalism?

[clabrat]

I think everyone will experience the ups and downs of life. What I admire about him is his mindset and how resilient he is

[Gene]

Donald Trump has been through rough times before and he pulled though.

[bananaman]

So he is basically broke.

He is not broke.

[pboychuk]

I was someone could say I am only worth 250M and it be considered an insult

[Lambo]

250 million dollars is not bad.....but i guess trump brands himself as a billionaire....either way truth hurts hence his actions...

If I was a billionaire and someone said i was worth 250 mill....what would I care?

[Deal_Maker]

Number one, O'Brian (the author) is a moron. I know what he writes and it's all crap. He's a real loser and never looks at the real facts.

Number two, anyone with even the slightest of a brain knows Trump's worth more than $250M. Even Forbes' estimate, which tends to be conservative, puts him around $1B, $2B or something like that this year.

Anyone that knows Manhattan real estate knows just one of Trump's properties alone is worth $250M+. Then he also has the rest of his portfolio outside of New York and he has the Apprentice, his clothing line, bottled water, steaks, vodka, modeling agency, beauty pageants, damn did I get it all?

His deposition was interesting, but he's Trump, this is how he's always been. He doesn't follow the conventional wisdom and frankly, all the folks that do haven't lasted as long. O'Brian needs to get a life. His book was the biggest waste of $30 ever.

My advice to the OP is stop believing everything you read in the media. 90% of it is shit.

[Gene]

I was someone could say I am only worth 250M and it be considered an insult

Haha, right! That'd be cool!