Warren Buffett Exposed The Reason For Trump's Failed Business Ventures Decades Before The Fraud Case — 'Where Did Donald Trump Go Wrong? The Big Problem With Donald Trump Was He Never Went Right'

In the aftermath of a landmark ruling that mandated former President Donald Trump to pay $355 million for fraudulently augmenting the values of his properties — a judgment that prohibits him from assuming the role of director in any New York-based company for three years — the Warren Buffett's insights during a series of lectures at Notre Dame in 1991 are uncannily accurate.

Buffett, whose reputation as a legendary investor and the guiding force behind Berkshire Hathaway Inc. is well-established, used the lectures to articulate a critical examination of Trump’s business methodologies, specifically targeting his penchant for leveraging debt.

His analysis, preserved on TilsonFunds.com, pointed to Trump’s overreliance on leverage as a fundamental flaw.

“The big problem with Donald Trump was he never went right,” Buffett said, adding that Trump’s strategy of heavily borrowing money to finance acquisitions was flawed from the start.

According to Buffett, Trump managed to secure loans for properties at prices well above their value, creating a significant disparity between his assets’ actual worth and the debt incurred to acquire them.

“He was terrific at borrowing money. If you look at his assets and what he paid for them and what he borrowed to get them, there was never any real equity there,” Buffett said, highlighting the precarious financial foundation on which Trump built his empire.

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Buffett’s reflections during the lecture went beyond financial critique to encompass a broader view of success and failure in business. He pointed out that intelligence alone does not guarantee success; rather, it is the ability to use capabilities effectively and avoid critical mistakes.

“I've seen all sorts of people with terrific IQs that en