Economic growth is accelerating, stock prices are rising, and consumer confidence is soaring. The only distressed asset in the US market is conventional wisdom, which dismissed the former real-estate developer and reality TV star as a blundering amateur.Ranking Trump with FDR is not faint praise. Many think Trump’s accomplishments to date have been largely accidental, Goldman believes otherwise.
On the contrary, Trump evinces a shrewdness about American voters better than that of any politician of his generation. Even more importantly, he has the nerve to take risks in order to draw his opponents into battles that he thinks he can win. I can think of no politician with his combination of courage and cunning since Franklin Delano Roosevelt.
Looking at Trump’s life accomplishments, I have to agree with Goldman. Trump is a classiic successful entrepreneur. He does more winning than he does losing, though not everything he attempts turns to gold.
Do people remember the fabulously successful late Steve Jobs was also associated with the failed NeXT computer start-up? Most entrepreneurs fail as well as succeed, if like Jobs they succeed eventually. Understand Trump in this context.
