The5thHorseman
Platinum Member
- Nov 22, 2022
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- #1
Trump defended the valuations as “guesstimates” and said each of the financial statements included disclaimers, suggesting the reader was warned.
“I never felt that these statements would be taken very seriously, because you open it up and right at the beginning of the statement, you read a page and a half of stuff saying, go get your own accounting, go get your own this, go get your own that.”
Trump Under Oath: Assets Are ‘Mona Lisas,’ His Name Worth $3 Billion Bloomberg - Are you a robot?
If this is his Asset Valuation Principle, why should anyone believe his boasts about his economy?
He even tells you to go to other, more credible, sources to get actionable information.
I've done "Documentary Due Diligence" for Real Estate sponsors/managers. Every assertion of fact must be reconcilable. You must take care with comparisons, qualifying adjectives and particularly superlatives.
His paperwork wouldn't survive that process for a $10 million dollar program.
This suggests that all releases touting his achievements are glosses on lies.
“I never felt that these statements would be taken very seriously, because you open it up and right at the beginning of the statement, you read a page and a half of stuff saying, go get your own accounting, go get your own this, go get your own that.”
Trump Under Oath: Assets Are ‘Mona Lisas,’ His Name Worth $3 Billion Bloomberg - Are you a robot?
If this is his Asset Valuation Principle, why should anyone believe his boasts about his economy?
He even tells you to go to other, more credible, sources to get actionable information.
I've done "Documentary Due Diligence" for Real Estate sponsors/managers. Every assertion of fact must be reconcilable. You must take care with comparisons, qualifying adjectives and particularly superlatives.
His paperwork wouldn't survive that process for a $10 million dollar program.
This suggests that all releases touting his achievements are glosses on lies.