Donald Trump the Stock Picker Boasts Gains That Nobody Can Match
- The GOP presidential candidate says 40 of 45 picks advanced
- No institutional investor did better in two quarters of 2015
Republican presidential candidate Donald Trump speaks on Oct. 21, 2015, in Burlington, Iowa.
Photographer: Scott Olson/Getty ImagesThis article is for subscribers only.
Apparently Donald Trump is America’s greatest stock investor.
Or that would appear to be the inference, at least, from the claim he made in his new book, “Crippled America.” He writes that 40 of his 45 stock purchases “rose substantially in a short period of time.” In the parlance of money management, that’d give the Republican presidential candidate a positive strike rate of 89 percent. Wow. If factual, it’d be better than the rate posted by any institutional investor in America between April and September.