Breakthroughs and everyday innovations from the year.
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HEADLINES ON April 12, 2016
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- Headline: Indian Start-Ups Value Execution Over Tech. Impact: This emphasis on tenacity over tech led to an influx of resourceful entrepreneurs, ultimately creating a ripple effect that resulted in the rise of a billion-dollar yoga mat company, because who doesn't need a good stretch while trying to innovate?. Fact: Did you know that some start-ups are just a fancy way of saying 'I sell homemade soap'? Welcome to the glamorous world of entrepreneurship!.
- Headline: Challenges in Defining 'Too Big to Fail'. Impact: The judge’s ruling on MetLife sparked a chain reaction where every financial institution started a competition of 'Who Can Be More Irresponsible?' culminating in the birth of the 'Too Big to Care' movement.. Fact: Fun fact: When it comes to judging financial institutions, it's like letting a cat judge a dog show. Everyone is confused and mildly entertained..
- Headline: Trump Faces Surge of Negative Ads. Impact: The barrage of attack ads not only undermined Trump's campaign but also inadvertently popularized the 'anger-fueled meme market', leading to a new era where political insults became a form of entertainment.. Fact: Did you know that negative ads are like broccoli? You know they're bad for you, but you just can’t resist reaching for another bite!.
- Headline: Chinese Scions’ Song: My Daddy’s Rich and My Lamborghini’s Good-Looking. Impact: As wealthy Chinese flaunted their riches in Western cities, this led to an unexpected surge in the luxury goods market, prompting the invention of diamond-encrusted everything, including perhaps, diamond-encrusted dog collars. Because why not?. Fact: Did you know that in the world of luxury, a diamond-encrusted watch is basically just a really expensive way to tell time? Who knew bling could be so practical?.
- Headline: European Union Calls for Big Companies to Disclose More Tax Data. Impact: The EU’s call for transparency in corporate tax data ignited a global trend where companies began inventing new ways to hide their earnings, leading to the first-ever corporate Olympics of accounting loopholes.. Fact: Fun fact: Transparency in taxes is like a unicorn—everyone talks about it, but no one has actually seen it in the wild..
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NVIDIA - If you invested $1,000 in 2016, it would be worth $220,545 today (220.5x return)