Or the one they cashed out on September 17, 1994, in Fort Worth. Three years earlier, Bush and his wealthy advisor had organized a consulting services partnership. The advisor provided the backing, and he asked W for only a token ante. Thanks to this deal, Bush's meager stake of just a few hundred dollars jumped to $45,512 - a mind-boggling 11,721% gain in just 36 months.
Deals like the one they'd made ten years earlier, on April 21, 1989 in Midland, Texas, when Bush and this confidante joined a handful of partners in an $86 million purchase. Nine years later, they flipped it for $250 million. Return for the partners (including Bush's investment advisor)? A cool $164 million profit.
....OM
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