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HEADLINES ON June 20, 2007
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- Headline: Connecticut Medical Marijuana Veto Explained. Impact: The veto of medical marijuana in Connecticut created a ripple effect across the nation, leading to a surge in underground weed-growing communities. Little did they know, this would eventually pave the way for a future where CBD-infused everything became the norm, including your grandma's knitting club.. Fact: Did you know that if you had invested in legal marijuana stocks back then, you could have probably bought a small island by now? Just a thought..
- Headline: Blocking Iraq Insurgents' Escape Routes. Impact: Blocking exits for insurgents meant they got really good at hide and seek. This eventually led to the creation of the world's longest game of hide and seek, which still continues in various forms today, much to the dismay of international relations.. Fact: Fun fact: The term 'insurgent' is just a fancy way of saying 'really committed hide and seek player.'.
- Headline: Home Depot Sells a Unit That Never Fit. Impact: Home Depot selling a unit that 'never fit' led to a nationwide crisis in DIY projects. Millions of homeowners suddenly realized they had no idea what they were doing, resulting in a surge of Pinterest fails and DIY horror stories that haunt the internet to this day.. Fact: Did you know that a significant portion of Home Depot's sales comes from people buying supplies to fix what they broke after watching a 'simple' tutorial online?.
- Headline: After Shake-Up, What Now for Yahoo?. Impact: Yahoo's ongoing struggles post-shake-up became a cautionary tale for tech startups everywhere, leading to countless boardrooms adopting the motto 'Just don't be like Yahoo.' This has since become a standard in corporate training.. Fact: Fun fact: At one point, Yahoo was so popular that it was like the cool kid in school. They just forgot to do their homework and lost all their popularity points..
Wall Street Time Machine
AMZN
Amazon
Amazon - If you invested $1,000 in 2007, it would be worth $117,189 today (117.2x return)
NFLX
Netflix
Netflix - If you invested $1,000 in 2007, it would be worth $247,275 today (247.3x return)