Recommended for Startup Investors?
Clinically trained psychologist of the Trump family analyzes four decades of intergenerational trauma to give a portrait of how Donald Trump was made. Great read about the flows of wealth, mindsets of scarcity and abundance, and tangentially relevant to anyone who wants to know what not to do in their inheritance and raising wealthy children.
My Notes By Chapter
- Part 1, Chapter 1: Fred Trump and his wife who could not reconcile how much they have and how much they spent
- Monetary value was human value. The more he had the better he was. If he gave something to someone else, the more they would have and the less he would have. Fred Trump had deep deep scarcity.
- Part 1, Chapter 2: Dismantles his son by devaluing and degrading every part of his personality and natural abilities. Donald Trump got destroyed by Fred Trump by cutting off his ability from feeling the entire spectrum of feeling. This is a form of CPTSD.
- Part 2, Chapter 7: Donald Trump became irreconcilable, and Fred Trump had to keep subsidizing his lifestyle even though he was an abysmal entrepreneur. This was all brand building.
- Donald Trump did not loan $1m from his father and turn it into billions. He actually burned $413 million, and sold his father's real estate holdings worth a $1 billion for $750 million, meaning he and his siblings gave away $250 million in equity for free. Fred Trump has never been able to express anything but positivity, specifically toxic positivity, that ruined his wife, son, and now Donald Trump.