Showing posts with label monkey. Show all posts
Showing posts with label monkey. Show all posts

Friday, August 5, 2016

Warren Buffett: a monkey is a better investor than Trump

A dart-throwing monkey is a better investor than Donald Trump.

Is Warren Buffett correct in stating that a monkey is a better investor than Trump? Buffett puts money on monkey to outperform Trump as an investor “A monkey throwing darts to pick stocks would have made a 150% profit during the decade-long run when Donald Trump’s namesake company, Trump Entertainment Resorts, lost 90 cents on the dollar, the billionaire Warren Buffett stated”

Buffett: “That was the only time Donald Trump went to the American people and said, ‘I’m a winner, invest in my company.’ … Over the next 10 years, the company loses money every year, every single year. He takes $44 million in compensation. If a monkey had thrown a dart at the stock page it would have made 150%. People who believe in [Trump] came away losing well over 90 cents on the dollar. They got back less than a dime.” 

Considering that Trump’s public company was formed in 1995, when the stock market was still on a tear, this seems to be a fair assessment. Even with the “dot com crash,” a random selection of stocks would have been a better investment. 

Buffett is perhaps too charitable. From 1995 to year’s end 2004, the S&P 500 did gain a 157% return. But if our brave monkey turned on dividend reinvestments and sported a return close to the S&P 500, then there would have been a 203% return (calculator). 

(Here’s another source on Trump’s company: As its stock collapsed, Trump’s firm gave him huge bonuses and paid for his jet.)


Sunday, May 1, 2016

Donald Trump related to orangutan?

Is Donald Trump really related to an orangutan?

The $5 Million Joke!

Donald Trump is suing Bill Maher for $5 Million after proving, with his birth certificate as evidence, that he wasn't born an orangutan.

No joke! This is for real!

After Maher joked in 2012 that Trump was “the love child of a human woman and an orangutan,” Trump sued for $5 million.

Bill Maher: Of course. I had to spend money. I had to hire lawyers and have them show up in court just so this moron could present his birth certificate proving he wasn’t born of an orangutan. I mean, that is what it was. People think it was a lawsuit about defamation, that he was suing me because I said something mean about him. But of course in America you can’t do that. We do have the First Amendment here. The lawsuit — it is so insane that I cannot almost make it come out of my mouth — but the lawsuit was after Trump … offered Obama $5 million — he tried to bribe the president of the United States into releasing his college records. So I offered Trump $5 million if he could prove that he wasn’t the son of his mother and an orange-haired orangutan, and we have shown the picture many times. So he actually goes into court and says, ‘Bill Maher owes me $5 million because here’s my birth certificate and look, it doesn’t say orangutan on it.’ I mean, I can’t even begin to describe how insane that is.

...or was it Alf??