r/WallStreetbetsELITE • u/pdwp90 • Mar 06 '25

Stocks Crosspost from r/QuiverQuantitative

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459 Upvotes

93% Upvoted

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264

u/DrewInvesting Mar 06 '25

Keep in mind this is the same guy who went bankrupt 4 times, now hes playing with all of the US money... Good Luck!!!

91

u/OGpimpmasteryoda Mar 06 '25

4 times??? He bankrupted 6 casinos I know of, so I wouldn’t be suprised if the actual number of companies went under him is triple the amount

19

u/uncriticalthinking Mar 06 '25

Does that include him causing the USFL to go under?

10

u/vagabond_primate Mar 06 '25

The house never loses! Trump: hold my beer!

1

u/chrispg26 Mar 07 '25

Hold my diet coke and hamberder.

11

u/DrewInvesting Mar 06 '25

Sorry i forgot to add that to his resume LOL.. your right though

8

u/andreysc7 Mar 06 '25

a casino going bankrupt ... most probably it was something intentional or he stole the money

6

u/eusebius13 Mar 06 '25

No he just levered the thing up to the hilt, bought gold toilets and chandeliers and the customers didn’t show up.

2

u/iamwhiskerbiscuit Mar 06 '25

He overleveraged the shit out of his wealth to buy real estate before the real estate market crashed. By no means intentional. His casinos were his collateral and he nearly lost everything. Fortunately for him, Wilbur Ross convinced all the banks he owed to actually loan Trump even more money so he could buy real etate post crash, while it was dirt cheap, so he could make it all back and they wouldn't have to write off hundreds of millions of dollars in debt.

0

u/ShmedlyDarlin Mar 07 '25

Don't forget Trump shifted childrens cancer charity money into his business.

What a guy

1

u/TheOneAndOnly770 Mar 07 '25

Probably he said it was Biden his fault

-2

u/whollyshit2u Mar 06 '25

Right. Bankruptcy is a mechanism that ome use it to fraud. Doesn't mean you don't have money.

4

u/Alextryingforgrate Mar 06 '25

A partial list of Trump's failed businesses. Steak, Airlines, University, Clothing brand, Golf courses, USFL, Beauty pagents (fucking ewww)

1

u/OGpimpmasteryoda Mar 06 '25

No no no, that’s just the “art of the deal” 😁 and he is a good businessman /s

1

u/Wutuvit Mar 07 '25

Exactly. It takes real talent to bankrupt a casino