I been reading a little about his business adventure and am pretty lazy to find the information but does anyone know how much his grandfather actually gave him when he died and how much growth his grandfather did in his life-time? I ask because this guy was handed money freely and he still stuffs up with his investments. Some of the crap he invests in is stupidity of the worst order.
I mean he owns a Trump tower in Manhattan among thousands of towers in the same area who are doing the same thing leasing to tenants. He is going to have to rely on external factors to ensure he makes money, plus the rate that land grows in value is a long period of time, that's if he even owns the land. Land value rates take time to grow and require external factors to be in place such as people who have money to purchase it which is highly influenced by the govt creating jobs and consumers because that's how businesses make money it's from consumers, plus he will need a businesses sector to keep growing so he keeps getting huge demand on leasing as people want to operate in the best location.
Then you got the government to worry about who needs to maintain the infrastructure such as energy, comms, transport, sewages, you know the basics that's needed. But what really kills this investment is land value rates take time to appreciate and by the time it appreciates it's not really outstripping inflation and cost of living by that much so even if you do make a dime, it's not that large because to make a large dime requires taking into consideration the time it's created in against the cost of living.
I really doubt he has grown the money he was handed on a silver plate if analyzed, let's say he is 70 now, so he probably started around in his 30s so thats 40 years of time we can analyze and at the same time work out the cost of living rates through-out that time and see the difference or value add he made because that is what is pure wealth. It's not GROWTH as they teach in those business schools, it's the difference in your profits and the cost of living and the how wide that gap is how rich you get.
That area he is investing in Manhattan seems like it's better he finds things that all businesses need in that area and then finding suppliers of that. Like windows, they all need windows right then checking the supplier rates of it, same with communications they all need it so you find suppliers. The catch here is finding suppliers in low figures you don't want many if you can avoid it, the less means the market is yours. That is at at that layer of the architecture, the best spot to hit is above it, it's where glass it made and it's ingredients for example cause u will need it for cups, windows, cars, you hit the value mark big time. Even business is architecture, it's pretty much all fields
I mean he owns a Trump tower in Manhattan among thousands of towers in the same area who are doing the same thing leasing to tenants. He is going to have to rely on external factors to ensure he makes money, plus the rate that land grows in value is a long period of time, that's if he even owns the land. Land value rates take time to grow and require external factors to be in place such as people who have money to purchase it which is highly influenced by the govt creating jobs and consumers because that's how businesses make money it's from consumers, plus he will need a businesses sector to keep growing so he keeps getting huge demand on leasing as people want to operate in the best location.
Then you got the government to worry about who needs to maintain the infrastructure such as energy, comms, transport, sewages, you know the basics that's needed. But what really kills this investment is land value rates take time to appreciate and by the time it appreciates it's not really outstripping inflation and cost of living by that much so even if you do make a dime, it's not that large because to make a large dime requires taking into consideration the time it's created in against the cost of living.
I really doubt he has grown the money he was handed on a silver plate if analyzed, let's say he is 70 now, so he probably started around in his 30s so thats 40 years of time we can analyze and at the same time work out the cost of living rates through-out that time and see the difference or value add he made because that is what is pure wealth. It's not GROWTH as they teach in those business schools, it's the difference in your profits and the cost of living and the how wide that gap is how rich you get.
That area he is investing in Manhattan seems like it's better he finds things that all businesses need in that area and then finding suppliers of that. Like windows, they all need windows right then checking the supplier rates of it, same with communications they all need it so you find suppliers. The catch here is finding suppliers in low figures you don't want many if you can avoid it, the less means the market is yours. That is at at that layer of the architecture, the best spot to hit is above it, it's where glass it made and it's ingredients for example cause u will need it for cups, windows, cars, you hit the value mark big time. Even business is architecture, it's pretty much all fields
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