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It’s that time of year again. Countless high school students across the northern hemisphere are ceremoniously gliding their tassels from one side of their caps to the other and accepting a rolled-up piece of paper to commemorate the past four years of their lives. Many of them will be thrust
Uber reported yesterday that its NET LOSS totaled more than $700 million last quarter, despite pulling in a whopping $3.4 billion in revenue. (This means they spent at least $4.1 billion!) That’s the latest in a string of massive, 9-figure quarterly losses for the company. The only question I have
In 1483, just as Johannes Gutenberg’s new moveable type printing press was spreading across Europe, Sultan Bayezid II of the Ottoman Empire issued a staunch decree banning the machine from his realm. At the time the Ottoman Empire was the dominant superpower in the world, having conquered most of the
Not too long ago I received an email offering the luxury trip of a lifetime to Iceland. It was a package tour… and super impressive. We would have our own private helicopters taking us all over the island for seven days. There was horseback riding, dune buggies, even racing Ferarri
In the late 1760s and early 1770s, the government of France was in a deep panic. They had recently suffered a disastrous and costly defeat in the Seven Years War, and the national budget was a complete mess. France had spent most of the previous century as the world’s dominant
Pop quiz: What country has the world’s best performing stock market? It’s not the United States. Or Canada. Or China. The answer is Venezuela, whose primary stock market index over the last year is up nearly SEVEN FOLD, from 11,700 last summer to a record 72,700 today. It’s amazing that
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