The president's tweets aren't worth listening to, according to Blackstone's CEO, one of the world's top investors.
Billionaire private equity chief Stephen A. Schwarzman, the CEO of The Blackstone Group , has known President Donald Trump for years.
While it takes a"long time" to answer a question about what people get wrong about the president, the one thing is that"all of these Tweets are not worth listening to," Schwarzman added."And for some reason, everybody is focused on them all. I never have been," the 72-year-old investor this week at Yahoo Finance’s All Markets Summit.
"Some of [Trump’s tweets] are just indicative of a general area of concern and aren't meant to be taken literally. And with today's news media — it doesn't matter whether it's left or right — people just hang on every word,” he said. “I've always thought that would drive them nuts. And that's where they've ended up as a society.
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