Breakthroughs and everyday innovations from the year.
HEADLINES ON November 30, 1989
Full News Archive
- Headline: Exploring Secondhand Treasures in Greenwich. Impact: This event sparked a worldwide obsession with vintage culture, leading to the rise of thrift stores, hipster markets, and an underground black market for 1920s furniture. Who knew that one house tour could launch an entire aesthetic movement?. Fact: Did you know that the phrase 'one man's trash is another man's treasure' was actually coined by a disgruntled antique dealer who just couldn't sell his collection of used spoons?.
- Headline: Mattel Creates New Divisions for Growth. Impact: This strategic move by Mattel created an eternal rivalry between the 'girls' and 'boys' divisions, resulting in the Great Toy Wars of the 21st century, where action figures and dolls battled it out in children's imaginations. Spoiler: Barbie always wins.. Fact: Interestingly, the concept of gendered toys was so revolutionary that it led to a whole generation of adults who still can't decide whether they prefer dolls or action figures. Talk about commitment issues!.
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)