Timless leadership by Nike
(Nike's internal memo from 1977)
The cost of innovation
Did you know that $AMZN has spent more on R&D over the last twelve months than $AAPL, $MSFT, and $INTC *combined*? See below the World’s Top 10 R&D Spenders Source: Quartr
Keynes on successful investing:
by Brian Feroldi
HAPPY BIRTHDAY GOOGLE!
OTD in Tech History 4 September 1998, Google was founded by Larry Page and Sergey Brin, while they were PhD students at Stanford University. Below a Timeline and FAQ about Google (by officetimeline.com): 1) When was Google created? The search engine Google started development in 1996, and it was originally named Backrub, which later became Google, a play on the term “googol”. Google Inc. was officially founded on September 4, 1998 to market Google Search. 2) What does Google mean? The name Google is a creative spelling of googol, the mathematical expression for the number 1 followed by 100 zeros. The term googol was coined back in 1930s, and is attributed to Milton Sirotta, the 9-year-old nephew of American mathematician Edward Kasner. Also, google has become a verb, meaning “to use the Google search engine to search for information about someone or something on the internet”. Today, the meaning of the term google has widened even more and is often used as “to look up information online” using any search engine.
A headline from 2007
Jon Erlichman
Peter Lynch advice was to avoid trying to predict the economy, interest rates or the stock market
"Don't focus on macroeconomic factors to make investment decisions. Focus on the growth of the intrinsic value per share of the companies you own". by Compounding Quality
Three steps to investing heaven…
Source - Investing for Growth by Terry Smith thru Vishal Khandelwal
The world's richest universities
💰Of the 25 wealthiest schools worldwide🌍, only 2 are not from the United States. 💰As of 2022, the University of Texas System had an endowment value of $69 B, making it the wealthiest university in the world🤑. Source: Genuine Impact / Chris Quinn
