The Trump implosion thread!

Quote: beachbumbabs

I'm talking about, if there was sunshine on his businesses, and actual assets were totaled up, it wouldn't reach a billion.

This is silly, of course it would, many
times over. When your brand is worth
billions, and it's gone up a lot since
he was elected, talking about physical
assets is just icing on the cake. Somebody
who would have a tough time proving
being a billionaire would be The Opie.
If she runs, lets see how much of that
she puts in the campaign, like Trump
did. I'm guessing it'll be zero.

Quote: beachbumbabs

I'm talking about, if there was sunshine on his businesses, and actual assets were totaled up, it wouldn't reach a billion. But part of why he won't do that (though it may come out thru Mueller) is the intangibles like his brand name would be irreparably damaged, if not ruined. As it is, more than a few buildings have had his name removed already.

Do you believe any other reports by Forbes? I mean, if you think they are off by at least a factor of THREE on Trump, why would you believe ANY of their investigative reporting? Is Forbes a 'fake news' site too?

Quote: SOOPOO

Do you believe any other reports by Forbes? I mean, if you think they are off by at least a factor of THREE on Trump, why would you believe ANY of their investigative reporting? Is Forbes a 'fake news' site too?

Why wouldn't I believe Forbes? The one I don't believe is Trump. They're clear that they're only estimating given the lack of accurate info. And they do know how to read a spreadsheet.

Trump has every reason to exaggerate or lie (in his opinion, anyway), and has admitted it's part of his salesmanship to do so, in his book, in interviews, on tape. It's a big deal among guys who incessantly chase money to make the Forbes or Fortune lists of the wealthiest. Trump has chased that carrot just as hard or harder than he's chased the Time magazine cover.

Quote: beachbumbabs

Why wouldn't I believe Forbes? The one I don't believe is Trump.

You think Forbes relies on what the
rich guy himself tells them? Hardly.
It's all independently sourced,
that's why what Trump says ($9bil)
and what Forbes says ($3bil) are
so far apart. In Trump's defense,
he includes his brands value in his
estimate, Forbes does not. In this
modern world, brand is a huge part
of the value of anything. German
cars are considered superior. But
ask anybody to rate VW against
Mercedes and you'll get a Plymouth
vs Cadillac comparison, all because
of brand recognition.

Quote: beachbumbabs

Why wouldn't I believe Forbes? The one I don't believe is Trump. They're clear that they're only estimating given the lack of accurate info.

u so bias against Trumper it's hilarious lol..........

Agreed: https://theness.com/neurologicablog/index.php/oprah-would-be-a-disaster/

No more dilettante celebrities who think they can do a highly complex job they lack the knowledge and experience, and in the case of the Orange Shithole,, the temperament and intelligence for.

Someone ask Bob Mueller how much Donald is worth, he's seen his tax returns, after all...

Quote: Evenbob

You think Forbes relies on what the
rich guy himself tells them? Hardly.
It's all independently sourced,
that's why what Trump says ($9bil)
and what Forbes says ($3bil) are
so far apart. In Trump's defense,
he includes his brands value in his
estimate, Forbes does not. In this
modern world, brand is a huge part
of the value of anything. German
cars are considered superior. But
ask anybody to rate VW against
Mercedes and you'll get a Plymouth
vs Cadillac comparison, all because
of brand recognition.

Brand value does not appear on a balance sheet. In the end, what a company is "worth" is what is in the equity section of the balance sheet, no more, and no less. A premium based on "brand value" cannot be estimated nor should it be.

The Wizard could say DT is worth a billion bucks and Forbes could say it's worth 10K. You always trust the independent evaluator over the owner.

Quote: boymimbo

A premium based on "brand value" cannot be estimated nor should it be.
.

Unless you're calculating the true value
of a company, not just equity value.
Then it matters a great deal. Say you
want to sell your McD franchise, and the
guy down the street wants to sell his
mom and pop burger joint. A pro comes
in and says they are equal in monetary
value, for property and equipment. But
the difference in brand value is gigantic.

The McD brand will almost guarantee the
franchise will succeed, the mom and pop
has no guarantee of anything. So to determine
the true value of a company, the brand value
is often the major part of it. Like it is with
Trump. Forbes never includes brand value
in their calculations.

Look at another example. Johhny Depp is in
huge trouble financially, he's in debt up
to his eyeballs. His actual net worth is hugely
compromised right now. But his brand value
is still worth hundreds of millions, because he's
a product that's still in demand. Get it?

Quote: Evenbob

Unless you're calculating the true value
of a company, not just equity value.
Then it matters a great deal. Say you
want to sell your McD franchise, and the
guy down the street wants to sell his
mom and pop burger joint. A pro comes
in and says they are equal in monetary
value, for property and equipment. But
the difference in brand value is gigantic.

The McD brand will almost guarantee the
franchise will succeed, the mom and pop
has no guarantee of anything. So to determine
the true value of a company, the brand value
is often the major part of it. Like it is with
Trump. Forbes never includes brand value
in their calculations.

Look at another example. Johhny Depp is in
huge trouble financially, he's in debt up
to his eyeballs. His actual net worth is hugely
compromised right now. But his brand value
is still worth hundreds of millions, because he's
a product that's still in demand. Get it?

I get it. Accounting is but a part of my day job and "franchise fee" which represents McD's "brand value" - appears on the balance sheet as an intangible asset. The mom and pop has no such line item but would set up a line item (and increase equity) as "Brand Value" if an auditor can come up with a value. Forbes includes the value of Trump's brand in its calculations. His net worth dropped because his "brand value" dropped according to Forbes' estimation.

Johnny Depp would get loans based on his "brand value" which banks have to estimate.