How is it an appeal to authority? He wasn't appointed to his position in life through bloodline or familial connections. He made insane wealth through business dealings, much of it through negotiations with sharks. Then he convinced half of the country to vote for him with no political experience against a dynasty.
Sure it's not my style and I don't quite understand how its effective, but to dismiss it outright as ineffective is naive.
It's the negotiation equivalent of rent-seeking, or parasitism. It requires deep relationships to have already been built, and it consumes those relationships in exchange for modest short term gain.
> He wasn't appointed to his position in life through bloodline or familial connections. He made insane wealth through business dealings, much of it through negotiations with sharks.
Uhm, no.
> Donald actually received $413 million from Fred over the years [1], [2]:
And as to whether he is any good at investing, he is literally worse than average S&P500 [3].