How good a businessman is Donald Trump?
by 
keithold thanks all baggers
ANSWERS: 3
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I don't know, but he is very adept at making money, if that is an indicator....
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I think he has more value as a celebrity to be honest, but as a businessman he really is supporting the hairpiece industry.
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We do not and cannot know. Consider this excellent example from the book "Fooled By Randomness"... http://www.amazon.com/Fooled-Randomness-Hidden-Chance-Markets/dp/1400067936/ ...There is a simple economy where there are 10,000 businessmen. Each businessman has 40% chance of making good profits each year, and a 60% chance of going broke. At the end of one year, 4000 of those businessmen would have made a profit, while 6000 of them will be broke. At the end of two years, 1600 of them will have a 2-year track record of good profits, while 8400 will be broke. At the end of 5 years, 40 of those original 10,000 will be fabulously wealthy, while 9960 of them will be broke. We have no way of knowing whether Trump simply "flipped a coin" and came up with a string of "heads", or if he has genuine business acumen that makes him who he is.
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