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ProfessorGAC

(64,951 posts)
12. You're Right
Sun Oct 18, 2020, 07:06 AM
Oct 2020

After the 2nd downgrade, they set his NW at $2.8 billion.
That's still too high.
Still ignores the Deutsche Bank loans and the recently discussed $400+ million in personal debt.
I believe the number to be easily under 10 figures, which is pretty terrible for someone who inherited $400 million nearly 30 years ago. Plus, with those "loans" from daddy in the 70s, should have had around $100 million before the inheritance.
IMO, the best case is ROI of 1.8% yearly, when the average of the big indices over that time was over 10%.
I think he's been funding growth, the business, and his lifestyle with borrowed money for around 20 years.

Whaaad? Do Us A Favor And Let Us Loan You Money???...nt global1 Oct 2020 #1
Sounds like money laundering. nt coti Oct 2020 #4
Exactly. Lock him up. Oct 2020 #23
Isn't that what all genius business men do? /s PaulRevere08 Oct 2020 #2
So...he admitted to money laundering? mahina Oct 2020 #3
Back To "Under Leveraged" ProfessorGAC Oct 2020 #6
Thank you for that explanation. SergeStorms Oct 2020 #7
And theres no way he's got 10B in real assets, so I wonder what his REAL debt is?? oldsoftie Oct 2020 #8
Downgraded Twice ProfessorGAC Oct 2020 #9
Thats still a lot higher than Forbes had him. I didnt think it was over 3B. nt oldsoftie Oct 2020 #11
You're Right ProfessorGAC Oct 2020 #12
I agree. And his next source of massive funds will be his "base". oldsoftie Oct 2020 #13
Apple's shareholder equity was about $72 billion on its latest 10Q Klaralven Oct 2020 #14
Their Market Cap Is $2.06Trillion, As of Friday ProfessorGAC Oct 2020 #18
Leverage is usually defined by the Debt-to-Equity Ratio, which doesn't involve Market Cap Klaralven Oct 2020 #21
I Know All That ProfessorGAC Oct 2020 #22
Oooh. You sound like someone who knows what's going on PCIntern Oct 2020 #16
And yet no US banks would lend him money malaise Oct 2020 #5
Do us a favor...Vlad wants us to lend you money. lonely bird Oct 2020 #10
These institutions Trump speaks of... jmowreader Oct 2020 #15
If they have his returns and have stated his personal debt, Firestorm49 Oct 2020 #17
K&R UTUSN Oct 2020 #19
Borrowing for business is one thing. NoRoadUntravelled Oct 2020 #20
Latest Discussions»General Discussion»Lender of Trump's $420m: ...»Reply #12