Forum Post: birth uber alles - the luck of a winner
Posted 8 years ago on Oct. 22, 2015, 8:57 a.m. EST by agkaiser
(2516)
from Fredericksburg, TX
This content is user submitted and not an official statement
Bloomberg puts Trump's current net worth and $2.9 billion; Forbes at $4.1 billion. The National Journal has worked out that if Trump had just put his father's money in a mutual fund that tracked the S&P 500 and spent his career finger-painting, he'd have $8 billion.
“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.” (Albert Einstein) - because ''The National Journal's'' calculation shows exactly that! Note also that it was inherited billions that were Trumps leg up as well as the Bankruptcy Laws & also consider:
https://en.wikipedia.org/wiki/Compound_interest
and then see https://en.wikipedia.org/wiki/Usury
radix omnium malorum est cupiditas ...