Many say Trump is not a successful business person. Is he now?

#26
#26
hUTch2002 said:
He lucked his way into a presidency. Like him or not, Trump sure does get “lucky” a lot.
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I wouldn't say lucky. The viable candidates beat each other for votes and he captured the less than intelligent crowd. I don't think anyone has denied he has a personality that since gravitate towards. His preparedness once he got the job showed his substance. Dog caught the car
 
#28
#28
turbovol said:
Great marketing? What is his marketing--standing up and making rambling, incoherent, clownish remarks full of lies in front of country crowds?
It's great marketing if you're a fan of wrestling and monster-truck shows. He's a complete embarrassment.

This, from his niece, who is a psychologist. I'm fairly sure that if the gangster were in any way a reputable man of even halfway decent character, she might support him. But she loathes him, like most everybody who's every worked with or been around the man.

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Lighten up, Francis.
 
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#31
#31
volfanhill said:
I'm sure he appreciates things he never said being attributed to him. You would think calling out blatant lies would be something everyone could get behind.
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I think everyone is behind that.
That's why anyone supporting Trump has always been so hard to understand.
 
#32
#32
volfanhill said:
Well with this I think we would have to say he is a master media mogul.
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I wouldn't be too quick to call him a "master media mogul." Maybe we should say he's a master media mogul for morons.

That you started this thread is quite interesting....

Here is a man who has just been convicted of real estate fraud, who has just been convicted twice of defaming a woman whom the judge said he'd sexually assaulted, who was (rightly) impeached twice, who lied blatantly about vote fraud in an effort to overturn a U,S. presidential election then incited an attack on the U.S. Capitol by a big crowd of rednecks that resulted in the deaths of several people, including police officers; who is facing at least three more trials; who had to pay $25 million to avoid a trial for his fraudulent real-estate "university," whose charitable organization was closed down because he broke laws and was using it for his personal needs....who is well-documented pathological liar and all-around horrible human being....and you want to trumpet the fact that he might make some money from a social-media site for rubes and neo-nazis?

Yes, you can be very proud of him now.... He IS quite the human success story. :eek:
 
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#34
#34
utvolpj said:
I wouldn't say lucky. The viable candidates beat each other for votes and he captured the less than intelligent crowd. I don't think anyone has denied he has a personality that since gravitate towards. His preparedness once he got the job showed his substance. Dog caught the car
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Plenty of stupidity vote for both sides. And saying he lucked into it was sarcasm. He’s not as stupid as some claim.
 
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#35
#35
turbovol said:
I wouldn't be too quick to call him a "master media mogul." Maybe we should say he's a master media mogul for morons.

That you started this thread is quite interesting....

Here is a man who has just been convicted of real estate fraud, who has just been convicted twice of defaming a woman whom the judge said he'd sexually assaulted, who was (rightly) impeached twice, who lied blatantly about vote fraud in an effort to overturn a U,S. presidential election then incited an attack on the U.S. Capitol by a big crowd of rednecks that resulted in the deaths of several people, including police officers; who is facing at least three more trials; who had to pay $25 million to avoid a trial for his fraudulent real-estate "university," whose charitable organization was closed down because he broke laws and was using it for his personal needs....who is well-documented pathological liar and all-around horrible human being....and you want to trumpet the fact that he might make some money from a social-media site for rubes and neo-nazis?

Yes, you can be very proud of him now.... He IS quite the human success story. :eek:
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Where’s your Biden list? That’s right, his lies, racist remarks, taking classified docs and more are just Biden making “mistakes”. If only you could think for yourself and not eat whatever BS you’re handed down from above.
 
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#36
#36
hUTch2002 said:
Plenty of stupidity vote for both sides. And saying he lucked into it was sarcasm. He’s not as stupid as some claim.
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It really didn't take a whole lot of smarts to run like he did. Just tell the people what they claim to want to hear and place the blame on someone else. Then keep it up when you're totally unprepared to do anything. A smart man would also be able to keep his mouth shut when it would benefit him
 
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#38
#38
utvolpj said:
It was marketing not business sense. He had no other platform thus no choice. The software was an untested, bad twitter ripoff full of bugs and had a horrible go live. I'd fully expect to be fired if one of my projects went out like that. It takes a huge leap to believe he hitched his wagon to that and just knew it would work. Still not for sure it will anyways
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Truth got a GoingConcern from its auditors. If he doesn't win in November, it likely goes BK at some point in the near future...
 
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#40
#40
K-town Vol Fan said:
He hasn't made anything, this is all hypothetical
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Unrealized. Not hypothetical.
It's a tangible asset worth whatever the price x number of shares. It doesn't only exist in theory.

But since you've shared that perspective, please remember your thoughts on it when the vague "make billionaires pay their fare share" rhetoric inevitably comes around in the future.
 
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#41
#41
McDad said:
Unrealized. Not hypothetical.
It's a tangible asset worth whatever the price x number of shares. It doesn't only exist in theory.

But since you've shared that perspective, please remember your thoughts on it when the vague "make billionaires pay their fare share" rhetoric inevitably comes around in the future.
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I'd say its contingent more than unrealized.

It's contingent on if/how many shareholders approving the merger.
It's contingent on equity dilution from options before 6 month lock up period is over.
It's contingent on price 6 months after merger approval.
 
#42
#42
BigOrangeMojo said:
I'd say its contingent more than unrealized.

It's contingent on if/how many shareholders approving the merger.
It's contingent on equity dilution from options before 6 month lock up period is over.
It's contingent on price 6 months after merger approval.
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Aren't all volatile assets contingent on the future?

He has # of shares x current price as value of asset. Value fluctuates on those two parts of equation.
 
#43
#43
McDad said:
Aren't all volatile assets contingent on the future?

He has # of shares x current price as value of asset. Value fluctuates on those two parts of equation.
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He has no shares in the merged entity until the merger is approved.

How many shares he ends up with is based on percentage who go through with merger.

He can't sell any shares until 6 months after merger agreement
 
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#46
#46
volfanhill said:
100%. Part of Musk's net-worth calculation is his Tesla shares times current Tesla share price.
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Musk can sell Tesla shares at pretty much any time (except for SEC quiet periods) and his ownership of those shares isn't contingent upon 2 other events happening..
 
#47
#47
BigOrangeMojo said:
He has no shares in the merged entity until the merger is approved.

How many shares he ends up with is based on percentage who go through with merger.

He can't sell any shares until 6 months after merger agreement
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I understand. Is the resource which claims he has shares and a value per share inaccurate?
 
#48
#48
McDad said:
I understand. Is the resource which claims he has shares and a value per share inaccurate?
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He has shares in "Trump Media" right now, which is what owns Truth. This is privately held.

DWAC is the SPAC that plans to merge with Trump Media. DWAC is publicly traded SPAC trading at ~$50/share. Trump has no share in DWAC right now.

If the merger is approved, Trump will have between 60 and 80 million shares of DWAC.

If merger is not approved, Trump will have 0 shares of DWAC.
 
#49
#49
BigOrangeMojo said:
He has shares in "Trump Media" right now, which is what owns Truth. This is privately held.

DWAC is the SPAC that plans to merge with Trump Media. DWAC is publicly traded SPAC trading at ~$50/share. Trump has no share in DWAC right now.

If the merger is approved, Trump will have between 60 and 80 million shares of DWAC.

If merger is not approved, Trump will have 0 shares of DWAC.
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I understand the clarity you're offering. I don't understand why you're putting an asterisk on the subject.
I see it this way:
If his current position has value, then it has value. If it doesn't (because of a future decision), then it doesn't have value.

Is that incorrect?
 
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