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Pigeons and Hedge Fund Managers

Posted by Donald J. Trump on 3/22/2009 at 9:55 AM
Posted in Commercial Real Estate

Recently I heard a good one that pertains to a lot more than the luxury car market:

Q: What’s the difference between a pigeon and a hedge fund manager?

A: A pigeon can leave a deposit on a Ferrari.

That’s a vivid visual but fortunately it’s not as bad as it might seem out there. I’ve pointed out before that there are always opportunities. I’m working on my new golf course on the Potomac River and I visited Puerto Rico last week, where the Trump International Golf Club has 1250 acres of Atlantic Ocean Waterfront in Rio Grande. We hosted the second Puerto Rico Open, and considering how selective the PGA is when choosing courses, we are very honored. Last year 75,000 people attended and this year we had over 90,000. It was fantastic--I love keeping the momentum going. An important attitude to acquire is to focus on the positives and to use this time in our economic history to learn something.

For example, Trump University’s Commercial Real Estate 101 has been a well received book and it offers valuable insights into the differences between residential and commercial properties. It is comprehensive, and some readers have mentioned how accessible the information is while providing them with enough detail to get them into commercial real estate investing without trepidation. So while today’s market may seem daunting, take the time to prepare yourself now and you’ll be ahead of the game down the road. Expand your knowledge and it will serve to expand your horizons later.

Donald J. Trump is Chairman of Trump University.

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4 Comments

Posted by Allan2000 on 03/24/2009 4:28 AM

"Whenever he talks about good government he is prepared and willing to sacrifice himself for it; and because he lives a life of relevance to the world in which he lives, sharing in the problems of his time and doing whatever he can with intellingence and fairness and understanding".

Posted by Cheryle on 03/24/2009 9:01 AM

Pigeons can be trusted to remain pigeons, but Hedge Fund Managers can change with the numbers.
And Hedge Fund Managers have more fun.

Good to hear you took time out for relaxing in beautiful Puerto Rico. The beaches are beautiful this time of year and the people are friendly. Great place to get away from the "doom and gloom" economy and "bailout scandals" that the media is exploiting as worthy news.

Where will you be golfing now that it's Spring?

Posted by Business 2000 Foundation.com on 03/24/2009 2:40 PM

Not bad..lol

A great article and lots to remember during these times of hardships.

A pretty good joke...lol

Posted by Alf J. Lundgren on 03/25/2009 5:30 PM

That's right.

Beeing positive is important, perhaps now more than ever. It helps you to see opportunities. It helps you to see the solutions when other people is so focused on seeing all the problems. Some people act like its the end of the world. I mean stop whining like you just got diagnosed with cancer. Be a tad bit more gratefull for what you got. You don't live in a country of war, or food shortage and your girlfriend don't get raped 5 times a day like the situation is in many third-world countries. And I'm not beeing painfully blunt just honest.

I believe I'm beeing positive, I mean I'm thinking strongly about going into car sales. Many people say, that the car industry is really struggling. I agree with that 100%. But hey, all the more reason they need good salespeople, which I hope I am. Actually I'm pretty sure I am. Could be wrong though. But probably not.

Have a good day

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