Codie SanchezFounder @ Contrarian Thinking

Proof you can find BILLIONS in the BORING #shorts

26 Aug 2022 · 1 min

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0:37

Artie Moreno bought a small Arizona billboard company for pennies on the dollar and sold it for $8.7 billion. He started at Gannett, then acquired Outdoor Systems with a partner, built it up, and eventually owned the Anaheim Angels. His story shows how massive wealth comes from boring industries most people ignore.

Questions this video answers

Artie Moreno

Gannett

Outdoor Systems

$8.7 billion

$3.4 billion

Chapters

Dude who became a billionaire from a boring business. We've got five of them. This is one. Let's break it down. This guy's name is Artie Moreno. He's actually from my hometown of Arizona. Worked in billboards at Gannett. Saw an upstart, tiny little billboard company in Arizona start to make some moves. Outdoor systems. So he bought it. Pennies on the dollar, with one of his partners. Then he sold it for $8.7 billion. He started with signs on the highways. Boring with. Went on to own the Anaheim Angels and be worth $3.4 billion. That's pretty sexy. So if you think billionaires aren't made in the boring, Ah, might want to ask Garty.