Breakthroughs and everyday innovations from the year.
HEADLINES ON February 1, 2002
Full News Archive
- Headline: Beneteau Forecasts Strong Profit Growth. Impact: The modest profit of Beneteau led to an explosion of luxury yacht sales that created the 'yacht envy' phenomenon, causing every weekend boater to question their life choices and eventually leading to a global shortage of sunscreen. Who knew profit could cause such melanin-related chaos?. Fact: Did you know that sailing is one of the few activities where you can look rich while being completely broke? Welcome to the elite club of boat ownership!.
- Headline: Viacom Leadership Tensions Uncovered. Impact: The Viacom boardroom drama sparked an era of corporate power struggles, leading to the invention of the phrase 'You're fired!' in reality TV, which later became a global sensation and inspired countless aspiring entrepreneurs to cynically chase fame over fortune.. Fact: Did you know that the only thing more fragile than a corporate contract is the ego of a billionaire? Just ask Sumner Redstone!.
- Headline: Exclusive Parties at World Economic Forum. Impact: The exclusivity at the World Economic Forum set off a chain reaction where the rich became even richer while the rest of us simply became better at Googling what was happening inside those exclusive parties. This led to a rise in conspiracy theories about secret handshakes and world domination plans.. Fact: Did you know that 'exclusive' is just a fancy term for 'we don't want you here'? Ah, the sweet smell of elitism!.
- Headline: High School Drops Its A.P. Courses, And Colleges Don't Seem to Mind. Impact: The decision of Fieldston School to drop A.P. courses triggered a nationwide debate about educational standards, ultimately leading to the rise of the 'anti-AP' movement where students proudly flaunted their lack of advanced studies while still managing to get into Ivy League schools.. Fact: Did you know that dropping A.P. classes is like dropping a hot potato? Everyone stares, but some just pretend it's the new cool thing to do!.
- Headline: In Many Films, Something Just Doesn't Click. Impact: The alarming seat belt statistic in films led to a sudden influx of concerned parents who started monitoring their kids’ movie choices, resulting in a wave of censorship that made action films less thrilling and more like educational documentaries.. Fact: Did you know that in Hollywood, seat belts are often more of a suggestion than a rule? Who needs safety when you have plot twists?.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)