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 August 1, 1988
Full News Archive
- Headline: Market Place Success and Bank Funds. Impact: If bank funds had soared instead of losing ground, perhaps the entire 21st century financial landscape would be a utopia of stability and wealth. Instead, we got hedge funds. Thanks, bank funds!. Fact: In a shocking twist, bank funds are still around, proving that even mediocre investments have a tenacity matched only by reality TV shows..
- Headline: Doskocil's Journey to Meat Business Diversification. Impact: Larry D. Doskocil's journey from a cot in a chicken hatchery to a meat sales empire inspired countless entrepreneurs. Who knew sleeping next to chickens was the secret sauce for business success?. Fact: The phrase 'sleeping on it' takes on a whole new meaning when 'it' is a cot in a chicken hatchery. Talk about fowl dreams!.
- Headline: Rales Brothers' Ambitious Takeover Bid. Impact: The Rales brothers' aggressive takeover strategy set a precedent that would lead to a corporate landscape littered with 'mergers and acquisitions.' The butterfly flaps its wings, and suddenly we're all living in a boardroom drama.. Fact: If you thought 'takeover specialist' was a niche career, think again! It's basically corporate matchmaking, but with more spreadsheets and less romance..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1988, it would be worth $884,238 today (884.2x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1988, it would be worth $2,037,337 today (2037.3x return)