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 10, 1989
Full News Archive
- Headline: Historic Ball Revives 1840s Elegance. Impact: The ball on July 29 sparked a fashion revolution that led to the 1840's dress becoming a staple in future costume parties. Fast forward to today, and we have people dressing as historical figures at every lame party, all because of one extravagant evening. You're welcome, future generations!. Fact: Did you know that 'costumed guests' in 1840s America meant a lot of questionable fashion choices? Think about it: crinolines and top hats everywhere. No wonder they needed flaming torches to distract from the outfits!.
- Headline: BMW Leadership Change and Market Strategy. Impact: Karl Gerling's appointment at BMW set off a chain reaction that eventually led to a global obsession with luxury cars. This obsession has resulted in today's ridiculous traffic jams where everyone thinks they need to show off their fancy wheels. Thanks, Karl!. Fact: Did you know that BMW stands for Bavarian Motor Works? So, when they say they’re holding market share, they mean they’re hoarding it like a Bavarian hoards pretzels at Oktoberfest!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1989, it would be worth $971,793 today (971.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1989, it would be worth $2,127,569 today (2127.6x return)