Mouprise.com

The guy with the pink sheets

I finished the collage in the early 80s, which I guess makes me a dinosaur, but at least a dinosaur with memories. One of the memories I took with me from collage, which I didn’t fully understand until the last five years, was the mantra of one of my economics professors who repeatedly told me along with the rest of the class that “…in the En In the future, society will be divided into digital symbol manipulators and hamburger flippers.” We always wonder what the hell the old man was talking about and never give it much thought. After all, wouldn’t society need a wide range of players between those two extremes? This was long before I had heard of the Pink Sheets or Richard Bond actions.

The times change. Nobody can predict the future. Who would have thought that a nice guy from Texas would end up living in Las Vegas and working for a young man from New York who people refer to as the “boy with the pink sheets”? It was after meeting Pink Sheets Guy that I began to understand why the future was going to belong to a new generation of entrepreneurs; The digital symbol manipulator. The last century has shown that while the traditional standard of wealth, land ownership, will never go away, new wealth generators have evolved along with technological advances. Oil, manufacturing, media, pharmaceuticals, the list of new wealth generators expanded rapidly. Twenty years before the turn of the new century, the creation of the personal computer ushered in the information age. The era of the digital symbol manipulator. The era of online trading, the era of Pink Sheets stocks, and traders who focused on Pink Sheets stocks.

Although the PC arose in the information age, it was the Internet with its rapid access to information that allowed the rise of people who could generate wealth simply by being able to interpret digital symbols, also read as understanding information or data, acting consequently. – also read as manipulate – and benefit from it. The best examples of this formula are people who trade stocks online using the information they have collected online to make decisions about when they want to buy and trade. The best personal example I know of in reference to this new bread of entrepreneurs is my colleague and friend, Richard Bond.

As I wrote before, no one can predict the future, they certainly couldn’t, and who knows, if I knew ahead of time that I would be taking orders from a guy twelve years younger than me, a guy who drains me of his energy, maybe I would have tried to pick another one. way in life. Maybe he could have chosen a different path, and maybe he would have been a lot less happy about it.

Richard is what I consider to be the quintessential digital symbol manipulator. I don’t mean it as an insult; I want to say that he is a testament to what my collage teacher had said. Richard moved to Las Vegas in 2002 after driving from New York in a broken-down old Dodge Dart with two suitcases containing everything he owned in the world. He was looking for a way to rebuild his life. He had studied for a year at the University of Albany Business School, but he couldn’t afford to continue his education and had accepted a low-paying job at a New York brokerage firm. He was stuck until a girl dumped him (I wonder if she remembers his name, I don’t) and he decided to make a big life change.

When she first arrived in Las Vegas, she lived out of her car until she earned enough money waiting tables to pay rent on a one-bedroom apartment. It was in that seedy little place that he founded Richard Bond & Associates in 2004, buying and selling Pink Sheets shares over the Internet. At the end of 2004 he started recruiting partners. I met him at a Las Vegas convention center during a trade show and was impressed with his energy and knowledge enough that I gambled on taking a job with him. A decision I have never regretted, maybe once. By the end of 2005, Richard had become rich many times over and made his partners feel very comfortable. He had established himself as one of the new entrepreneurial manipulators of digital symbols.

Last year he wrote a book explaining the actions of Pink Sheets and I have to admit:

“The Pink Sheets: The Ultimate Guide to Making Money in Pink Sheets Stocks”

exemplify my teacher’s prediction. Those who can learn to understand images and information data become rich and comfortable, those who can’t or won’t learn are doomed to make hamburgers.