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đź’ˇ Starting with this month, I am trying a new form of blog post that lists interesting things I learned over the course of the month: both factoids and charts. This is in addition to, not instead of, my regular long-form blog posts which will return soon (and simultaneously).
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Things I learned
- Annual spend on Delta cobranded cards is approximately 1% of US GDP ($200B) (cite)
- As of the beginning of 2023 Wimbledon, Djokovic had won more lifetime Wimbledon matches than the top 20 players in the world combined, and the last time someone outside the big 4 won Wimbledon, the world number 2 (Alcaraz) and 6 (Rune) were not yet alive. (cite and cite)
- if you invested $1,000 in the Japanese stock market in 1950, by 1989 it would have been worth $389,000. If you invested $1,000 in the Japanese stock market in 1989, today it would be worth $840 (cite).
- The last time a US troop was killed from an enemy aircraft attack was 1953. (cite)
- By 1897 there were roughly a quarter of a million saloons, or 23 for every Starbucks franchise today (cite)
- Diamonds account for 90% of Botswana’s exports (cite)
- The Federales (Mexico’s federal police force) had an annual budget nearly four times as large as the FBI ($35B vs. $9.5B), despite having approximately the same number of employees (cite and cite).
- At the 80th percentile of the wealth distribution — where a typical household has about $200,000 in financial assets — a full 20% of these households own no public equity (directly or indirectly). (cite)
- The mean height of an 18 Year old in the English Army between 1763 and 1767 was 5’ 3”. (cite)
- The only three years that cash yielded a positive return while both stocks and bonds were negative was in 1931, 1969 and 2022 (cite)
- 17% of ESG ETFs have held Exxon Mobil as part of their portfolio at some point. 25% of ESG ETFs have held Tesla at some point. (cite: my own calculations).
- 18% of turtle owners have left money for their turtle in their will (cite)
- A knot can only exist in three dimensions. There is no such thing as a four dimensional (or two dimensional) knot. (cite)
- There are now more NBA players with $30 million annual salaries than CEOs of fortune 500 companies (cite)
- About 20% of US small businesses fail by just their second year of operation. About half of small businesses have failed by their fifth year. (cite)
- 60% of The Gambia’s electricity is provided from a single offshore ship (cite)
- The rate of twin birth is more than twice as high in the US (33 per 1000) as in Europe (16 per 1000). (cite)