Fred Trump Taught His Son the Essentials of Showboating Self-Promotion
The NYT takes a long look at how Donald Trump became a billionaire in part by using the self-promotion tricks taught to him by his father Father. It's not the standard hit piece one has come to expect from the paper.
The throngs of New Yorkers who poured into Coney Island on a sweltering Sunday in July 1939 — shuffling past the rides, hot dog stands and freak shows — confronted one last spectacle blaring just beyond the surf.
At 65 feet and outfitted with enormous Trump signs, the yacht called the Trump Show Boat was hard to miss. And that was the point.
Its loudspeakers blasted recordings of “The Star-Spangled Banner” and “God Bless America” over and over, compelling many sunbathers, reluctant to be seen as unpatriotic, to stand and salute each time. When the boat floated swordfish-shaped balloons — redeemable for $25 or $250 toward a new Trump Home — toward the shore, bathers nearly rioted as they raced to snatch them up.
Read the rest here:
Some food for thought. Especially for men.
Just watch this.
Warren Buffett and Charlie Munger share some billionaire wisdom Berkshire weekend
OMAHA — Berkshire Hathaway's annual meeting began, as only it could, with musings on romance from Warren Buffett.
“If you're choosing between two very old and two very rich guys,” Buffett deadpanned, “choose the one who is older.”
The audience roared. A video sketch had just played of a woman rejecting Buffett, 85, and running into the arms of his 92-year-old investing partner, Charlie Munger. Now, in riffing on it, Buffett had delivered the first great line of the weekend.
Here are the seven most important lessons Marc Benioff worth US $3.8 billion says he’s learned from Larry Ellison worth US $50.2 billion:
1. “Always have a vision”
Ellison and Benioff are each credited with transforming the database and software
industry, respectively. Ellison, in fact, shared the vision for cloud software early
on and provided seed money for Salesforce and NetSuite.
How did Russian Alexander Lebedev become a billionaire?
Well, we may never know for certain but as legend has it, it went down this way. It involved insubordination.