Trump

Hitting where it hurts, Nicholas Kristoff writes of Donald Trump:

Back in 1976, Trump said he was worth “more than $200 million.” If he had simply put $200 million in an index fund and reinvested dividends, he would be worth $12 billion today, notes Max Ehrenfreund of The Washington Post. In fact, he’s worth $4.5 billion, according to Forbes.

In other words, Trump’s business acumen seems less than half as impressive as that of an ordinary Joe who parks his savings in an index fund.