Sam Zell: Respect for Presidency Is Missing Under Trump

Investment guru Sam Zell offers an “incomplete” grade for President Donald Trump after his first six months in office.

“He’s learning on the job,” Zell explained to Barron’s.

“They all do, but most of them came from a political environment. In politics, you are very sensitive about hiring and firing. In the business world, and particularly for him, firing people was a daily occurrence,” the Equity Group Investments Chairman said.

“He should stop tweeting. Never pick a fight with somebody who buys ink by the barrel. Not that I’m a great fan of the press, but I can’t imagine there’s a long-term positive in taking on the people whose job it is to cover you. The strength of our society is predicated on respect for his office. That’s missing right now,” Zell said.

However, Zell predicts that Trump is on a better path than the previous administration.

“In his first year,

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