For you valuation junkies out there, it’s kind of a hoot to hear The Donald talk about how he values companies and his interest in them in an interview with the Wall St. Journal.
My favorite is his “mental projections”, his own legerdemain for how he takes into account various flows of cash and ownership and creates an amalgam of “value” that he likes.
For those of you out there thinking about how much your company is worth, take heed. This methodology will not get you very far … unless you like how Trump has prospered … hasn’t he?