From an average person's standpoint, I can see how you think that. Have you ever watched Shark Tank? The Sharks invest in hundreds of companies on there, and not all of them become successful. The Sharks lose all or most of their money on a lot of their deals, but it's a law of averages. One investment that turns out great can make them millions and offset the ones that failed. That's how successful people work. They make quick, educated decisions and exhibit massive action. I will NOT critique Trump for several failed businesses, because that's a poor man's mindset.
As far as the bankruptcies, of the 4 bankruptcies that he's filed for, 3 of them were on casinos.
I think I see the problem.
You're getting your financial perspective from"Shark Tank" and "The Apprentice."
It's a tad more complicated than that, my friend.
Amen! Those guys could have all just put their money in the stock market and they would have made more!
I think I understand. Correct me if I'm wrong.
A Trump Presidency would involve the US government creating a ton of new government programs and spend a boat load of money, on top of what we already spend. The "law of averages" says that one or two of those programs would be wildly successful and worth the money lost and people negatively impacted by the others.
I mean, that's how they do it on Shark Tank, right?
No clue, I don't know what Shark Tank is