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Locke1689 | 9 years ago

> figures based on Forbes estimate of his net worth.

You know Forbes is just a business magazine, and just a small one at that?

They don't have any privileged information. They probably just based their reporting on his self-reported wealth. At best they could look at the public valuations of some of his properties, but since the Trump organization is privately held they have no way of knowing how badly he's leveraged.

Here's a hint: check how much Forbes said Elizabeth Holmes was worth in 2015.

> I don't know about that. From what I can tell, he seems to consistently follow the same or similar playbook outlined in 'The Art of the Deal'.

That you don't see the difference between a set of strategies for making money in real estate and a governing philosophy of how you see the world and act as a person is the crux of the problem.

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imron|9 years ago

> That you don't see the difference ... is the crux of the problem.

I'm simply pointing out observable reality.

'Art of the Deal' may just be a set of strategies for making money in real estate, but those same strategies seem to guide how he sees the world and acts as a person.

I'm not making any judgement about whether that is a good or bad thing, but failing to understand that means failing to understand Trump.

Locke1689|9 years ago

This is the Art of the Deal:

  1. Think big
  2. Protect the downside and the upside will take care of itself
  3. Maximize your options
  4. Know your market
  5. Use your leverage
  6. Enhance your location
  7. Get the word out
  8. Fight back
  9. Deliver the goods
  10. Contain the costs
  11. Have fun
Aside from the last one, these are simply statements of strategy on how to achieve your goals. This is not a framework for arriving at the goals themselves. You could use this strategy to work for autocracy or democracy or really any world you want. The first question to ask is which world you want to live in, not how to get there.

His only statements on normative, not positive, values come from things like "America winning" and "being great" and "going back." But it absolutely true that, for many Americans, these are a contradiction in terms.

I can attempt to infer his values from these vague statements, but I think that it is improper for a leader to not start with a set of first principles, independent from ill-defined notions like "winning", that guide what it means to win and what it means to be great.