Friday , 1 November 2024

Lorimer Wilson

A Modern Day Parable: GM (America) vs. Toyota (Japan) – +2K Views

What follows is a modern day parable which, if it wasn't so true, would actually be funny. A Japanese company (Toyota) and an American company (General Motors) decided to have a canoe race on the Missouri River. Both teams practiced long and hard to reach their peak performance before the race. Below are the results.

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31 Incredible Facts About Gold

As we documented in our extensive Gold Series, gold has been used as a monetary metal for thousands of years... It’s the most malleable and ductile metal, and it doesn’t tarnish or corrode. Over time, these properties have helped people to associate gold with concepts such as immortality or royalty. Even today, people are still finding new uses for gold that are impressive in their own right. For example, scientists recently discovered a gold alloy that is four times tougher than titanium. The following infographic puts the rich history of gold into perspective.

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8 Enormous Fortunes and How Their Billions Were Lost

For most people, building a fortune is an elusive task but, once they have a fortune, many people find that they have a hard time hanging onto it. Below we discuss the 8 biggest fortunes ever lost. The reasons are diverse but, usually, it’s the same forces that built those fortunes in the first place. Economics is a fickle beast. Wealth is a fickle thing. It isn’t as tangible as people like to think.

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Financial Technology (FinTech) Is Re-Inventing Banking

The time is ripe for financial innovation: new technologies are helping end users skip past gatekeepers and intermediaries to customize their use of financial products. Payments, personal finance, P2P lending, insurance, digital banking, equity crowdfunding, smart contracts, and digital currencies are just some of the areas that are of interest in the fintech landscape. There’s heavy competition in the fintech space and no shortage of moving parts. However, this infographic from DealSunny helps to put most things in perspective.

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The Sports Betting Industry

Today’s infographic breaks down America’s multi-billion dollar sports betting industry. It shows the four states where fixed odds betting through bookmakers is legal, and it also compares a more legal alternative that’s available in 43 states.

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