August 3, 2016

BET TIME FOR BONZO:

Why Buffett believes a monkey could invest better than Trump (Tami Luhby, August 3, 2016, CNN Money)

Buffett recently slammed Trump's business acumen, noting that when the billionaire listed his company on the stock market, it lost nearly all its value within a few years.

"People who believed in him, who listened to his siren song, came away losing well over 90 cents on the dollar. They got back less than a dime," Buffett said at a rally for Hillary Clinton Monday. "In 1995, when he offered this company, if a monkey had thrown a dart at the stock page, the monkey on average would have made 150%." [...]

No major U.S. company has filed for Chapter 11 more than Trump's ca[***]o empire in the last 30 years.

Posted by at August 3, 2016 8:07 PM

  

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