Yah know, my cousin is a trust fund kid and stands to be a billionaire when dad dies. While getting drunk last night, I asked her if she ever heard of OTC Markets and pink sheet stocks. She said "huh"?
She is flying home today in her Learjet, and she is letting us borrow her King Air to fly home.
Now, I know her dad, my uncle has heard of OTC stocks, but has been pitched a few times over the years. Always declines.
I have a friend of mine who owns one of the largest fast food chains and is a billionaire. she bought a BB stock many years back. She bought it at $1 and sold it for $5 and was giggly. She has no clue what BB OTC or where it traded or what it meant. But then again she is the largest shareholder of a Fortune 100 company.
Seriously, they don't even know what OTCM means.
Junk food princess has an office, and never goes there. She has a trust and they manage everything. She cannot be bothered with "stuff".
Now my daughter has a friend, whose mother is worth a some $5 Billion and she has an active roll in their biz. Between the biz and family and friends, she has no time for OTC or shells. She spends more on birthday parties for the kids than a shell. I don't like her, but her husband is really nice and polite. It is really her money not his, so he is humble and she is not.
Life on the other side. I am the lowest on the family's totem pole, lower than my daughters lol.
When I go to family functions, I have to watch my tongue. One year I didn't get invited because I said something and the King Air was not waiting for me.
AI
