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 6, 2002
Full News Archive
- Headline: Mets' Spending Decisions Under Scrutiny. Impact: The Mets' poor investment strategy set off a chain reaction that ultimately led to a nationwide obsession with fantasy sports, where fans could finally feel like they were in charge of a team—only to realize they were just as clueless as the Mets' management. Thanks, Harvey.. Fact: Sports fans now spend more time managing their fantasy teams than actually watching games. The real winners? Streaming services..
- Headline: Taiwan's Market Falls as Ties With Beijing Worsen. Impact: Taiwan's market crash became a pivotal moment that prompted global investors to rethink their strategies, resulting in a generation of analysts who needed therapy after constantly watching graphs dip. The irony? Many of them were still convinced they had the 'next big tip' on a tech stock.. Fact: If you ever need a reason to study economics, just remember: it might save you from investing in stocks that crash harder than your hopes and dreams..
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)