Its a gift link, so shouldn’t be a paywall :)

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    610 months ago

    Yeah, and he did it to himself. He had a successful casino going in wherever (I think Atlantic City). Since it was doing well, he thought that maybe he should open another one nearby. One casino lots of money means two casinos lots of money times two. The dip shit didn’t bother to run or listen to market research. Once he opened the second casino, they learned that the market was already saturated with casinos. A second casino doesn’t make more gamblers. Instead, he split the customers because his new casino was competing for customers from the first one. Both started to fail, so he had to close one. The business genius tanked his own business that was running successfully until then. Had he put a reasonable limit to his grandiosity, he would have been fine.

    He is truly delusional to the point that he thinks he controls objective reality. In other words, it isn’t what it is. It’s what he believes.

    I might be off on details, but this was the basic gist.

    • @[email protected]
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      410 months ago

      Holy crap! Thanks for that - I never bothered to look into the specifics of the situation but that sounds like the hubristic business acumen I’d expect from his sort of megalomania.

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        10 months ago

        You’re welcome! The way the media reports on Trump is just so ridiculous to me, that I feel validated when I hear about the actual results of his business and policy decisions.

        • Flying Squid
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          210 months ago

          I wish they would listen to his Art of the Deal ghostwriter. He’s made it clear over and over again that the concept of Trump as a good businessman is a total fabrication.