If Books Could Kill The Art of the Deal
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Jan 11, 2024 The hosts discuss Trump's book 'The Art of the Deal' and analyze his speeches and writing style. They delve into his questionable business practices, opposition to rent control, and his strategies in politics. They also highlight examples of people standing up to Trump and examine his attitude towards critics. The podcast explores the lack of substance in celebrity business books and the impact Trump's deals have on average people.
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Trump's Deal-Making Principles
- Think big, protect the downside, and maximize your options.
- Use leverage, enhance location, get the word out, and fight back.
Trump's Downside Protection
- Trump protected his downside by avoiding personal guarantees on debt after his casino bankruptcies.
- This shielded him while contractors, shareholders, and employees bore the brunt.
Trump City
- Trump envisioned "Trump City," a massive development on Manhattan's West Side.
- Community Board Seven and wealthy locals, including celebrities, opposed the project, leading to its downsizing.