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 21, 1990
Full News Archive
- Headline: Father and Son Tennis Championships. Impact: The Father and Son Tennis Championships sparked a global movement where dads everywhere began challenging their sons to ridiculous sports competitions—leading to a rise in shoulder injuries and a decline in family picnics. Thanks to this event, the phrase 'Dad, stop embarrassing me!' became a household classic.. Fact: Did you know that the tennis whites requirement was intended to keep players from looking like they just rolled out of bed? Clearly, someone thought that matching outfits would improve the quality of the game—spoiler alert: it didn't..
- Headline: Doubles Tennis: A Unique Challenge. Impact: The doubles tennis craze led to a nationwide obsession with pairing everything in life, from food to fashion. Suddenly, everyone was trying to bring a plus-one to everything, even grocery shopping—thank you, doubles tennis, for introducing us to the concept of 'couples' discounts.'. Fact: Fun fact: the most athletic move in doubles is often the quick escape when your partner accidentally serves a ball straight at your face. It’s a rite of passage, really..
- Headline: Michaels Stores Executive Changes. Impact: Donald G. Thomson's appointment at Michaels Stores sent shockwaves through the retail world, leading to an absurd trend of companies hiring random people for high-level positions based on their ability to pronounce 'plaid' correctly. This event was the genesis of countless awkward boardroom meetings.. Fact: Did you know that Michaels Stores is where creativity goes to die? Just kidding, it’s actually where dreams of DIY projects are born—until reality hits and you realize you can’t sew a button..
- Headline: A Debut of Sorts For a 14-Year-Old. Impact: Chanda Rubin's debut match against a former champion inspired countless young athletes to chase their dreams, leading to a decade of parents living vicariously through their children—resulting in more tantrums than trophies. This match was the beginning of the 'athlete parent' phenomenon, complete with matching track suits.. Fact: Did you know that Chanda Rubin's first match was so intense that it could have been a reality TV show? Who wouldn't want to see 14-year-olds battling it out while their parents scream from the sidelines?.
- Headline: BUSINESS PEOPLE; Investor Finds Values In Bankrupt Companies. Impact: Andre Danesh’s unusual investment strategy led to a boom in the 'bankrupt chic' trend, where people started wearing tattered clothes as a fashion statement—because who needs new when you can look like you just stumbled out of a foreclosure auction?. Fact: Fun fact: Investing in bankrupt companies is like dating someone with a ton of baggage. It might be a wild ride, but good luck getting out without emotional scars!.
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)