Dean Baker Warns Against Trump-Linked Accounts, Citing Tesla’s 60x Earnings Valuation
Updated
Updated · TU News · Jul 7
Dean Baker Warns Against Trump-Linked Accounts, Citing Tesla’s 60x Earnings Valuation
1 articles · Updated · TU News · Jul 7
Summary
Dean Baker said investors should question any financial adviser who recommends putting money into an account associated with President Donald Trump, calling that advice a serious red flag.
That warning extends Baker’s broader critique of investment judgment, focusing less on the account itself than on the competence and credibility of advisers promoting it.
In a recent article, Baker also challenged why investors trust Bill Ackman, arguing that perceived insider access may be offsetting doubts about his financial skill.
He separately pointed to Tesla’s market value at nearly 60 times its cumulative net earnings, using the gap between valuation and profits to underscore his concerns about market judgment.