Breakthroughs and everyday innovations from the year.
HEADLINES ON July 7, 2007
Full News Archive
- Headline: Comcast's Successful Father-Son Leadership Transition. Impact: If Comcast's nepotism had been a reality show, it might have inspired a spin-off where every episode revolves around family feuds and the occasional corporate takeover. Imagine the drama and the ratings!. Fact: Nepotism: where the only qualification for a job is that you share DNA with the boss. Who knew family ties could be so... lucrative?.
- Headline: Fishing's Decline in the Hamptons. Impact: As fishing dwindled, it opened the door for hipster cafes serving quinoa and seaweed salad, ultimately leading to an increase in overpriced culinary experiences. Who knew choking out traditional fishing would lead to artisanal everything?. Fact: The Hamptons: where fishing traditions go to die, only to be replaced by overpriced brunch spots. Bon appétit!.
- Headline: Clinton's Faith and Politics Intersect. Impact: Hillary's spiritual journey sparked a trend in politicians using faith as a PR tool. Fast forward a few years, and suddenly every candidate has a 'spiritual advisor' and an Instagram account dedicated to their 'meditative moments.'. Fact: In politics, spirituality is just another flavor of branding. Next up: politicians meditating on their campaign planes!.
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)