A Quote by Donald Trump
In America, we've had people that are political hacks making the biggest deals in the world, bigger than companies. You take these big companies, these trade deals are far bigger than these companies, and yet we don't use our great leaders, many of whom back me and many of whom back Hillary Clinton, I must say. But we don't use those people.
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At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
On trade, our country is a disaster. We have political hacks. People that give money to politicians. That's how they get their jobs. We have the worst people negotiating our trade deals. We're going stop that. We're going to have the greatest business people in the world and we have them. We're going to have the greatest business people in the world negotiating our trade deals with China.
In America, we are living through the greatest jobs theft in the history of the world. They are taking our companies, they are taking our jobs, and our politicians, many of whom are stupid and many of whom are corrupt, are allowing it to happen. We're not going to allow it any longer.
How about mandated parental leave.? Oh, okay. Less than 20% of companies in America have it. Most of them think about it as an expense. What's the bigger expense? The bigger expense occurs if women have babies and don't come back to work.
We have people that are political hacks negotiating our trade deals.
In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
It's super important that people use their significant buying power to pull companies like Ferrari and show them there is a market for sustainable fuel. So many other car companies would take notice if Ferrari made headway on this measure.
I teach at the Stanford Business School, and about half of my students are foreign, many of whom, I hope, will stay and build businesses in U.S. But I must tell you that they also have opportunities to come back to India and start great companies and operations.
Many think of management as cutting deals and laying people off and hiring people and buying and selling companies. That's not management, that's deal making. Management is the opportunity to help people become better people. Practiced that way, it's a magnificent profession.
State companies winning deals because of government-to- government interaction has become a rule rather than an exception. This will increase competition for multinational companies in acquiring oil and gas assets.
Back in the days of world wars, American companies didn't think twice about pitching in to help fight the enemy. Car companies helped bolster tanks, food companies created rations - sometimes they had to do it, but no one had to twist their arm.
There are times when you need to step back and realize that movie studios today are not necessarily the same things that they were many years ago. Many movie studios are international conglomerates now. They own everything from theme parks to toy companies to T-shirt companies to video companies. There's a lot of different wheels to be greased.
Whether it's Facebook or Google or the other companies, that basic principle that users should be able to see and control information about them that they themselves have revealed to the companies is not baked into how the companies work. But it's bigger than privacy. Privacy is about what you're willing to reveal about yourself.
When screening engineers from other companies, its smart to value engineers from great companies more than those from mediocre companies.
In many cases, Rhode Island is just not on the radar of a lot of companies. But once companies or people take the time to look at our high quality of life, low cost of living, great talent, good business environment, often people see it's an excellent place, and they want to take a harder look.
What if the slowdown in merger activity isn't cyclical, but secular? What if corporations have learned the lessons of so many companies before them that the odds of a successful merger are no better than 50-50 and probably less? Is it possible that the biggest deals have already been done?
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