From Chris Mayer, Analyst, Bonner & Partners:
It won’t matter much whether Donald Trump wins the presidency or not.
As my colleague Bill Bonner noted recently, Trump haters are missing the point. “If it is Mr. Trump who gets the crown,” he writes, “we have no real reason to think he will be a more benighted and misbegotten ruler than any of the others.”
But Trump can teach us a thing or two about investing…
I just finished his first memoir, The Art of the Deal (1987). And I have to say, it’s a fun read. He tells great stories. And he certainly knows how to make a deal.
“Deals are my art form,” Trump writes. “Other people paint beautifully on canvas or write wonderful poetry. I like making deals, preferably big deals.”
Many people write off Trump’s success because his father, Fred Trump, was already a wealthy real estate…
