Three years later, journalist John Tierneynoted Trump “appears to have ignored some of his own advice” in the book due to “well-publicized problems with his banks.”Trump’s self-promotion, best-selling book and media celebrity status led one commentator in 2006 to call him “a poster-child for the ‘greed is good’ 1980s.” (The phrase “Greed is good” was from the movie Wall Street, which was released a month after The Art of the Deal .)
Jim Geraghty in the National Review said in 2015 that the book showed “a much softer, warmer, and probably happier figure than the man dominating the airwaves today.”
The book coined the phrase “truthful hyperbole” describing “an innocent form of exaggeration—and… a very effective form of promotion.” Schwartz said Trump loved that phrase.
In October 2018, the New York Times published an investigation contradicting many of the claims made by the Book, particularly the assertion that Donald Trump is a self made billionaire. The investigation details how Trump received at least $413 million in 2018 dollars from his father’s real estate empire, rather than the $1 million stated in the book.