In interviews in the early 1980s, Fred claimed that Donald’s success had far exceeded his own. “I gave Donald free rein,” he said. “He has great visions, and everything he touches seems to turn to gold. Donald is the smartest person I know.” None of that was true, and Fred must have known that a decade before he said it. After Steeplechase, Fred had lost a lot of ground. If he wanted to expand the reach of his empire, he would need a new playing field and a surrogate. He needed Donald to go out in the world and create the brand. It hadn’t taken Fred long to realize that his profligate middle
In interviews in the early 1980s, Fred claimed that Donald’s success had far exceeded his own. “I gave Donald free rein,” he said. “He has great visions, and everything he touches seems to turn to gold. Donald is the smartest person I know.” None of that was true, and Fred must have known that a decade before he said it. After Steeplechase, Fred had lost a lot of ground. If he wanted to expand the reach of his empire, he would need a new playing field and a surrogate. He needed Donald to go out in the world and create the brand. It hadn’t taken Fred long to realize that his profligate middle son wasn’t suited to the unglamorous, tightly budgeted, and highly regimented routine of running rental properties. But with his father’s backing, maybe he could use his hubris and shamelessness to make the push into Manhattan. Fred wasn’t living vicariously; he was intimately involved in all aspects of Donald’s early forays into the Manhattan market, getting things done behind the scenes while Donald played to the crowd up front. Fred made it possible for Donald to play a role that fulfilled his own desire for recognition while allowing his son to garner the reputation as a Manhattan developer that Fred had always aspired to. Fred would never get the public recognition, but it was enough for him to know that the opportunities Donald had to make his mark and promote himself would never have materialized without him. The success and the acclaim were due to Fred and his vast wealth. Any ...
...more
This highlight has been truncated due to consecutive passage length restrictions.
Fred the puppeteer begind trumps successes and failures