Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON July 7, 1987
Full News Archive
- Headline: 1981 Market Place: A Turning Point. Impact: The hedging strategies developed in 1981 led to a global obsession with risk management that ultimately resulted in the invention of the 'Risky Business' board game, which is now played in more corporate offices than actual boardrooms.. Fact: Did you know that 'hedging' was originally just a term for keeping your garden in check? Now it’s a multi-billion dollar industry. Who knew grass could be so lucrative?.
- Headline: Twins Aim for Improved Performance. Impact: The Minnesota Twins' consistent failure to finish above .500 inspired a generation of underdog stories in sports, leading to the creation of countless feel-good movies where the underperforming team somehow triumphs because, you know, Hollywood.. Fact: Fun fact: The Minnesota Twins are statistically more likely to make a blockbuster movie about their struggles than to actually win the World Series. Who needs trophies when you have a compelling narrative?.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1987, it would be worth $1,945,817 today (1945.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1987, it would be worth $4,778,667 today (4778.7x return)
INTC
Intel
Intel - If you invested $1,000 in 1987, it would be worth $146,978 today (147.0x return)