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 November 25, 2002
Full News Archive
- Headline: Middle Class Faces Health Benefits Crisis. Impact: When middle-class Americans started losing health benefits, it set off a chain reaction leading to the rise of DIY medicine. Fast forward to 2023, and now everyone thinks they're a doctor after watching a YouTube video.. Fact: Did you know that losing health benefits can lead to more people Googling their symptoms instead of going to a doctor? Welcome to the age of self-diagnosis!.
- Headline: Cendant's Involvement in SEC Inquiry. Impact: The SEC's inquiry into Cendant caused a domino effect in the real estate world, leading to tighter regulations. Eventually, this inspired a new generation of conspiracy theorists convinced that all real estate deals are just elaborate cover-ups for alien land ownership.. Fact: Fun fact: Cendant's overstated revenues might have been less egregious than the number of times people claim to have seen Bigfoot. Spoiler: they both probably exist only in people's imaginations..
- Headline: CBS Wants '60 Minutes' Chief To Hand Over the Stopwatch. Impact: Don Hewitt's fight to keep his position at CBS led to a wave of television producers thinking they were untouchable. This directly contributed to reality television, because if you can’t trust the news, why not watch people eat bugs for entertainment?. Fact: Did you know that '60 Minutes' was so successful it inspired countless imitators? Because nothing says investigative journalism like a ticking stopwatch and a bunch of angry people..
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)