General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI always wonder who is "shorting" stocks
When we have a big downturn.
Seems to me we should be able to publish the names of those who were "brilliant" enough to short stocks and make millions. Transparency and all that.
33taw
(2,444 posts)NRaleighLiberal
(60,015 posts)RussBLib
(9,020 posts)before something big happened. That's just the kind of guy he is. Or Jared. Etc.
This one feels different.
ProfessorGAC
(65,078 posts)There is zero evidence he knows how to create wealth absent leveraging more debt.
Remember that he took the "loans" in the 70s and his inheritance, he would have been worth $1.2 billion more than he claimed. And, most analysts don't believe he was worth as much as claimed. Overstated book value of the properties and understated declared debt.
He doesn't understand a thing about investing and if he had "friends" who were aces, he'd be worth more.
He's crappy at everything!
Hoyt
(54,770 posts)investors who recognized early on that this is going to be hell, and our leadership wouldn't be up to task of responding effectively.
Same thing is happening in all markets around the world.
gibraltar72
(7,506 posts)I just tell people the dollars don't magically disappear. They disappear from your account and end up in someone else's. Bush previously presided over biggest transfer of wealth in my lifetime. He was a piker.