Breakthroughs and everyday innovations from the year.
HEADLINES ON July 1, 1983
Full News Archive
- Headline: Engineer Leads New Real Estate Venture. Impact: By appointing Ghilaga, R.H. Sanbar Projects Inc. inadvertently triggered a global obsession with luxury condominiums. Fast forward a few decades, and we now have billion-dollar apartment complexes where the only thing separating you from your neighbor is a thin layer of overpriced marble.. Fact: Did you know that engineers were once thought to be boring? Now they’re running real estate empires and making it impossible for the average Joe to afford a shoebox in the city!.
- Headline: Wim Wender's Hammett: A Failed Experiment. Impact: Wim Wender's 'Hammett' became a cult classic for all the wrong reasons, leading to a generation of filmmakers who thought they could copy its formula and also fail spectacularly. Thank you, Wender, for the endless stream of unoriginal content!. Fact: Did you know that contrived suspense is just Hollywood's nice way of saying, 'We forgot to write a plot'?.
- Headline: 'STROKER ACE' AT WHEEL. Impact: This stock-car racer's retread status opened the floodgates for countless athletes to switch careers and pursue stock car racing, leading to a bizarre crossover between NASCAR and reality TV that we are still trying to recover from.. Fact: Did you know that 'retread' isn't just a term for tires? It's also how we describe the vast majority of Hollywood sequels!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1983, it would be worth $784,047 today (784.0x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1983, it would be worth $188,194 today (188.2x return)