Quote:
Originally Posted by Skipperlipicus
how many great businessmen do you know that operate at loss year after year? it seems the only years in recent times where trump has been profitable was when they were filming the apprentice. if he's such a successful businessman why are his businesses consistently operating at a loss?
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Operating at a loss while your equity in international real estate holdings grows isn't unreasonable. And if most of your businesses are hospitality based and require constant maintenance and improvements, the best way to do THAT is by borrowing money at low rates.
But you know... whatever. He's broke. With $2B in real estate holdings. Definitely
broke.