Breakthroughs and everyday innovations from the year.
HEADLINES ON February 9, 2002
Full News Archive
- Headline: 2002 Winter Games Opening Ceremony Insights. Impact: The opening ceremony of the 2002 Winter Games sparked a global obsession with tattered flags, leading to the bizarre trend of fashioning distressed flag-themed clothing. Who knew that a piece of torn fabric could inspire a million Instagram posts?. Fact: Did you know that tattered flags became a symbol of resilience, or was it just an excuse for everyone to wear their old laundry? Either way, fashionistas were not impressed!.
- Headline: Bush's Inspiring Speech at 2002 Olympics. Impact: Bush's call for friendly competition during wartime convinced future leaders that sports could unite nations. Little did they know it would lead to the invention of 'political sportsmanship', where world leaders compete in who can shake hands the longest.. Fact: Fun fact: Olympic games have been used to promote peace since ancient Greece, but they never had to deal with Twitter trolls. Imagine the tweets during the Coliseum games!.
- Headline: Plan to Put Limits on 401(k) Holdings Draws Fire. Impact: The debate over 401(k) holdings led to a cascade of financial regulations that made investors feel like they were playing Monopoly with real money. Thanks to this uproar, financial advisers now have a new favorite buzzword: 'diversification'.. Fact: Did you know that if you invest all your money in your own company, you might as well be playing 'The Floor is Lava' with your retirement plan? Spoiler: it’s not a safe game!.
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)