The Best One Yet đ âLone Star Stock Exchangeâ â Texasâs new stock market. Championâs final sweatshirt. Boeingâs space launch.
Jun 6, 2024
Texas launching its own stock market, Champion sweatshirt brand being sold, Boeing's space launch with Elon Musk involvement, and the new trend of investing in dinosaur bones. Plus insights on finance, business, and historic reflections included in the podcast.
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Champion's Rise and Fall
- Champion, the sweatshirt icon, was recently sold for $1.2 billion after a decade of growth.
- This decline illustrates the vulnerability of fad-driven industries like fashion.
The Three F's of Fads
- Beware of the "three F's of fads": food, fashion, and fitness.
- These industries are particularly susceptible to rapid rises and falls in popularity, as seen with Champion.
Boeing's Space Triumph
- Boeing successfully launched NASA astronauts into space after five years of delays.
- This marked a crucial win for Boeing and a step towards competition in the space industry.