Post #14095 by commonone on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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lizgdal: This CNN video says Mar A Lago is debt free, worth around $300M...

Not with its current easement which includes restrictions that prevent expansions on the property and that obligate the owner to bring in at least 100 people who otherwise wouldn't go to Mar-a-Lago to visit the grounds and study its architecture. Oh, and this: "the Club and Trump intend to forever extinguish their right to develop or use the Property for any purpose other than club use."

Trump argues that the word "intend" would allow him to do whatever the hell he wants.

lizgdal: Can Trump afford $355 million fine? Forbes editor weighs in

But as has been pointed out, it's not $355 million, it's closer to $500 million when interest and the E. Jean Carroll dollars are included.

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