The Secret Successor

CHAPTER 219

The next morning.

Russell’s timetable here changed completely, though Sansa wasn’t yet told about it.

William began to teach more about business. “What Young Lady does mostly is invest in things that earn her higher returns. Two to five times on average.”

“Yeah. I already figured that out. When we were traveling, she bought a house near the beach for a few hours and then sold it for a higher price while leaving,” Russell replied, “though I don’t think she sold it for twice the price.”

“Well, that’s a short term deal, but if you take Tuna Waves as an example,” William explained, “it could have sold for at least fifty million dollars.”

“She bought it for 31 million, so she’d have earned at least 19 million dollars. That’s not much profit as per your standards,” Russell opined.

“Yes, but it’s close. That’s the profit margin you’ll get with the real estate business. One to three times profit is what you get most of the time, so if you want higher margins, you should go for companies, espe