Re:If you want to understand Silicon Valley, watch Silicon V...
by ikeboy on Monday November 19, 2018 @05:14PM
(#18490209)
That's just not the case - if you assume he bought in during a low point you'll get a much higher figure.
Besides, there's no claim that he was given anywhere close to $400M over 60 years ago, nor can anyone be realistically expected to invest their inheritance starting at the age of 12.
the trump wealth transfer started over 60 years ago. over the long run, market timing doesn't matter that much.
(EDIT: and that opinion piece was not coherent; the author mixed up trump's businesses with his net worth, and convoluted other finance concepts to render his desired "opinion". it was awful.)