Latest / Real Donald Trump Wisdom / Monday at Trump Tower (1987)

Transcript

Monday at Trump Tower (1987) · Real Donald Trump Wisdom

• 0:00
  Alright guys, so we're going to explore how the book opened up about a week in Trump's
• 0:06
  life in 1987.
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  So this is the Monday.
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  First call is with the CEO of Bear Stearns, then a very large Wall Street investment bank
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  that has since been acquired by JP Morgan.
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  We see here that Trump was already respected by top Wall Street CEOs.
• 0:28
  And here he was essentially weighing his option to take control of the Holiday Inn Hotel Group,
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  which was already a very big presence in the business world then.
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  He then gets a call from someone, a developer in the real estate who wants to get into politics,
• 0:48
  Trump showing he's a good judge of character and potential, telling him that he's not quite
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  cut out for politics despite being a great developer.
• 1:01
  This is what he recommends.
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  He tells him to bet on winners and good people, and given that he was friendly with the governor
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  of New York at the time, he suggested introducing him to the governor.
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  And essentially, if you can't beat them, join them.
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  And that's what he recommended to his friend.
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  Then he takes a call with a radio host where he's sensitive to a woman who's in financial
• 1:32
  difficulties.
• 1:34
  We learn from here that he's generous with his gifts, whether it's skill set, network,
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  and properties.
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  Basically, he uses influence over a radio network and with other radio hosts to raise
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  funds for that woman and help her through her financial ordeal.
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  He also takes another call with lawyers for different projects, and he recommends to be
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  tough when necessary.
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  He says, the fact is that if you're right, you've got to take a stand or people will
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  walk all over you.
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  Essentially, and this is where a lot of sense of conviction come from, that he believes
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  that when you're right, you have the duty to take a stand, and not doing that is unfair
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  to you and maybe unfair, period.
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  He encourages us, himself and everyone, to be tough when necessary, especially when you
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  have the fact on your side and that you have reasons to believe you're correct.
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  He comments another call that he doesn't hold it against people that they oppose him.
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  I'm just looking to hire the best talent wherever I can find it.
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  We see here that he did do that with picking JD Vance as running mate.
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  He disregarded JD Vance's comments that were negative about Trump in 2015, 2016.
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  That was way back things have evolved.
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  First of all, JD Vance has changed.
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  And as JD Vance says on the All In podcast, Trump has reassessed his qualities and believes
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  at this point in time that JD Vance is right back and is probably grooming him for the
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  next set of leadership mandates.
• 3:45
  This is to show that Trump really, in this case, is not about vindication, it's more
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  about whom can help him get the best job done.
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  He then says something that I think for professionals we can relate to a lot.
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  He says that going out for lunch is mostly a waste of time.
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  So he doesn't go out for lunch.
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  If we look at his schedule for that day, basically he's out only from, no, he's not out.
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  He's at his desk eating lunch from 3 p.m. to 3 15.
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  So quick 15 minute lunch.
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  Then goes on to the other calls.
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  For example, he takes a call with his sister.
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  And here we see that he was already, no, he knew the justice system.
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  Well, his sister being a federal court judge in New Jersey, the late Mary Ann Trump Mary.
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  And then he takes a call with another of his business partner who is going to meet the
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  Australian government to develop casinos or other real estate ventures there.
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  And we see that Trump was already exposed to high stakes interactions with foreign governments
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  and getting things done internationally.
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  And finally, Trump always made time for his family.
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  We see that he at noon he was calling a Broadway executive.
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  They talked about business, but he mentioned to the executive that he had plans to take
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  his kids to see cats.
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  And by the way, he refused complimentary tickets, just saying that he was going to go bring
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  his kids there.
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  That was he planned beforehand for a second time.
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  And he says that he always makes time for his family.
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  Basically, here's a quote, I always take calls from my kids, no matter what I'm doing.
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  I have two others referring to Monica and Eric.
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  And as they get older, being a father gets easier.
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  I adore them all.
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  And that's at the point in his life in 1987 when he only had three kids.
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  So he's referring to Don Jr. who's making the call and his two other kids who are a
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  bit younger.
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  And yeah, so here to summarize, Trump was well known to Wall Street.
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  He knew how to get stuff done with foreign governments and knew how the justice system
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  worked.
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  He exposes here some of his philosophies.
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  And I hope that you learned something from this first day at Trump Tower.