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 May 22, 1990
Full News Archive
- Headline: Masco Industries' Share Price Surge. Impact: If Masco Industries' share price had not soared by 41%, we might have avoided a future where people think investing in stocks is a guaranteed way to get rich quick. Thanks, Masco, for setting us up for the dot-com bubble and our collective financial heartbreak!. Fact: Did you know that 'Masco' is derived from the term 'masochistic capitalists'? Okay, I made that up, but it sounds plausible given the rollercoaster of stock markets!.
- Headline: Parsons Corp Appoints New Leadership. Impact: Leonard J. Pieroni taking the reins at Parsons Corp. may have inadvertently led to the construction of numerous questionable structures, including the infamous 'Parsons Pile'—a monument to all bad architectural decisions that still haunts urban landscapes today.. Fact: Fun fact: the average age of a corporate chairman is actually older than the average lifespan of a houseplant. Clearly, they’re not the same species!.
Wall Street Time Machine
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1990, it would be worth $1,285,532 today (1285.5x return)
AAPL
Apple
Apple - If you invested $1,000 in 1990, it would be worth $1,043,076 today (1043.1x return)