Donald Trump: Other People’s Money
on Tuesday, September 20, 2016Donald Trump Money Quote saying other people take on investment risk when you use their money toward your goals. That’s OPM. Donald Trump said:
“It’s called OPM. I do that all the time in business. It’s called other people’s money. There’s nothing like doing things with other people’s money. Because it takes, the risk, you get a good chunk of it and it takes the risk” — Donald Trump
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In this quote, Donald Trump is referring to the concept of “OPM” or “other people’s money” as a business strategy he employs frequently. Some key points in interpreting his perspective:
- He portrays using outside capital (OPM) as a way to take on ventures with less personal financial risk while still retaining significant potential profits.
- Trump implies this allows him to be more aggressive and take greater risks than if relying solely on his own funds.
- However, investors and partners also assume risk when providing capital, so a balanced view is their interests must also be protected for ventures to succeed responsibly.
- His tone suggests prioritizing his potential upside over acknowledging shared risk inherent in business partnerships.
Overall, while Trump aims to convey his approach, a balanced interpretation recognizes that reasonable experts may disagree on where to draw the line between prudent risk-taking and protecting the needs and investments of all stakeholders involved in enterprises. The quote reflects Trump’s viewpoint but not the full complexities of managing risk and reward across all parties.