Talking Points: April 22, 2019
The biggest stock market winner since the beginning of 2000 is not Amazon (up +2,300%) or Apple (up 5,300%) but the energy drink company, Monster Beverage, which has dominated all other stocks in the S&P 500 index, returning almost 60,000% over that same period. Bloomberg, April 15, 2019
Each season, MLB home plate umpires make thousands of incorrect calls, in 2018 alone, they made 34,294 bad ball and strike calls- that’s 14 per game. The top 10 best performing umps averaged 2.7 years of experience, however the bottom 10 worst performing averaged 20.6 years of experience. BU Today, April 8, 2019
“The doctor of the future will give no medicine, but will instruct his patient in the care of the human frame in diet and in the cause and prevention of disease.” Thomas Edison, 1903
Roughly 10.6% of homes sold in the fourth quarter of 2018 had been owned for less than two years. It’s the highest level of “flips” since early 2006, the peak of the housing boom. Wall Street Journal, April 10, 2019
Some 31% of baby boomers predict they will work past 70…but studies have found fewer than 10% actually do. MarketWatch, April 12, 2019
According to Louisville city data, the average lifespan of a shared electric scooter is just 28 days. A typical scooter, worth at least $360, only generates about $65 to $75 in revenue over its working life. Quartz, March 1, 2019
“Weapons are like money; no one knows the meaning of enough.” Martin Amis
