05 April 2018

Art of the Deal

Art of the Deal by Donald Trump, 1987, Excerpts

If there’s one thing I’ve learned about the rich, it’s that they have a very low threshold for even the mildest discomfort.

Conrad believed very strongly that inherited wealth destroys moral character and motivation. I happen to agree that it often does.

I’ve never had any great moral problems with gambling because most of the objections seem hypocritical to me. The New York Stock Exchange happens to be the biggest casino in the world. The only thing that makes it different from the average casino is that the players dress in blue pinstripe suits and carry leather briefcases. If you allow people to gamble in the stock market, where more money is made and lost than in all the casinos of the world put together, I see nothing terribly different about permitting people to bet on blackjack or craps or roulette.

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