Mar. 5th, 2019

TIL

Mar. 5th, 2019 12:35 pm
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the average age of companies listed on American exchanges has been steadily rising for three decades. Now it’s 20 years, almost twice the average in 1997, during the dot-com craze.

“What’s happened in the last 20 years? It’s been essentially a dearth of IPOs and a continued drumbeat of mergers and acquisitions,” says Michael Mauboussin, director of research at BlueMountain Capital Management.


In technology, it's been much easier to raise private money than public money because the Oracle-Cisco growth model became dominant among the players.
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Obesity costs the country _at least_ $100+ billion per year. It is a lifestyle problem caused by bad eating habits.

The medical care costs of obesity in the United States are high. In 2008 dollars, these costs were estimated to be $147 billion.
https://www.cdc.gov/obesity/adult/causes.html

Because Covfefe himself has bad eating habits and as the result is obese, he is not only doing nothing about the nation's obesity epidemic, he actually promotes junk food.


https://twitter.com/margarettalev/status/1102617219828199426

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