That bit at the end talking about the guy who went to construction sites and picked up every dropped nail to use the next day - I believe that's a story I read about Trump's own father sending Donald out to do that when he was a teenager.
UPDATE 07:49 pm:
That was in 2017. To the Boy Scouts! And then he went on and on about winning the presidency, the fake polls, and the fake news, and being able to say merry Christmas again. He hasn't necessarily gotten worse.You’re Boy Scouts, but you know life. You know life.
So look at you. Who would think this is the Boy Scouts, right? So he had a very, very interesting life, and the company that bought his company was a big conglomerate, and they didn’t know anything about building homes, and they didn’t know anything about picking up the nails and the sawdust and selling it, and the scraps of wood. This was a big conglomerate based in New York City.
And after about a 10-year period, there were losing a lot with it. It didn’t mean anything to them. And they couldn’t sell it. So they called William Levitt up, and they said, would you like to buy back your company, and he said, yes, I would. He so badly wanted it. He got bored with this life of yachts, and sailing, and all of the things he did in the south of France and other places. You won’t get bored, right? You know, truthfully, you’re workers. You’ll get bored too, believe me. Of course having a few good years like that isn’t so bad.
But what happened is he bought back his company, and he bought back a lot of empty land, and he worked hard at getting zoning, and he worked hard on starting to develop, and in the end he failed, and he failed badly, lost all of his money. He went personally bankrupt, and he was now much older. And I saw him at a cocktail party. And it was very sad because the hottest people in New York were at this party. It was the party of Steve Ross — Steve Ross, who was one of the great people. He came up and discovered, really founded Time Warner, and he was a great guy. He had a lot of successful people at the party.
And I was doing well, so I got invited to the party. I was very young. And I go in, but I’m in the real estate business, and I see a hundred people, some of whom I recognize, and they’re big in the entertainment business. And I see sitting in the corner was a little old man who was all by himself. Nobody was talking to him. I immediately recognized that that man was the once great William Levitt, of Levittown, and I immediately went over. I wanted to talk to him more than the Hollywood, show business, communications people.
So I went over and talked to him, and I said, “Mr. Levitt, I’m Donald Trump.” He said, “I know.” I said, “Mr. Levitt, how are you doing?” He goes, “Not well, not well at all.” And I knew that. But he said, “Not well at all.” And he explained what was happening and how bad it’s been and how hard it’s been. And I said, “What exactly happened? Why did this happen to you? You’re one of the greats ever in our industry. Why did this happen to you?” And he said, “Donald, I lost my momentum. I lost my momentum.” A word you never hear when you’re talking about success when some of these guys that never made 10 cents, they’re on television giving you things about how you’re going to be successful, and the only thing they ever did was a book and a tape. But I tell you — I’ll tell you, it was very sad, and I never forgot that moment. And I thought about it, and it’s exactly true. He lost his momentum, meaning he took this period of time off, long, years, and then when he got back, he didn’t have that same momentum.
In life, I always tell this to people, you have to know whether or not you continue to have the momentum. And if you don’t have it, that’s OK. Because you’re going to go on, and you’re going to learn and you’re going to do things that are great. But you have to know about the word “momentum.”
Time




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