Post of the Day
September 9, 1999
Trump Hotel/Casino Resort Folder
Posts selected for this feature rarely stand alone. They are usually a part of an ongoing thread, and are out of context when presented here. The material should be read in that light.
[The following refers to the Rulebreaker Port Report discussing the covering of our short position in DJT]
I have this recurring nightmare in which David Gardner sends me an e-mail to announce that the Rule Breaker port is covering its short position of DJT.
Please, someone wake me.
|"Maybe the Fools just spent a bit too much time on Donald's boardwalk during their visit, but something about this smells, well, fishy."|
Maybe the Fools just spent a bit too much time on Donald's boardwalk during their visit, but something about this smells, well, fishy.
I'm sure the Brobdingnagian gilded office and the sheet of dollar bills and the slicked-back hair and the "I give you my word" rhetoric are all very convincing, but I'm just a bit surprised that it worked. Okay, I'm shocked. Stunned. Flabberfreakingasted.
What about Donald's answer to the "deeper question": "Basically, I'm a real-estate developer. I haven't focused enough on Trump Hotels and Casino Resorts, but I plan to. This is important to me."
It is difficult to type when your eyes are welling with tears. Truly, I am moved by The Man's vision and passion. He's going to focus more on the business. Maybe up to 50% of his time. Wow.
|"On the other hand, if Donald could fool the Fools, maybe He's not such a bad businessman after all."|
Mr. Trump did get one thing right: The Fools are influential. You can bet that all the rightfully deserved and eloquently expressed vitriol various Fools have directed Donald's way over the years has not exactly helped encourage investors to sign over their paychecks to The Man. At the very least, it was certainly worth an hour and six minutes of His time and a Styrofoam cup of Coca Cola.
Because it worked. The Fools actually bought His act. They liked Him. They even liked the sycophantic Nicholas "Donald is our greatest asset" Ribis. The man who was the inspiration for Mr. Smithers on "The Simpsons."
On the other hand, if Donald could fool the Fools, maybe He's not such a bad businessman after all.
I am a great admirer of the Motley brothers and will continue to be a fan of the Fool. But I think this decision is out of character; it is foolish.
I'm disappointed. And I think Ivanka will be too.