Everyone has heard of
a “New York Minute.” Johnny Carson said
it was that brief instant of time between a Manhattan stoplight turning green
and the taxi behind you honking! How
about an “Internet Minute”? An “Internet
Minute” is the measure of everything that happens on the internet in the space
of a single minute – and it is staggering.
The chart below, from research blog Visual Capitalist, brings it all
together. Visual Capitalist notes that
the biggest change from the prior year is a doubling of hours of Netflix
streaming per “Internet Minute”!
Womack Weekly Commentary September 18, 2017 The Markets “In theory, there is no difference between theory and practice, in practice there is.” Yogi Berra was talking about baseball, but the concept also applies to diversification, according to the GMO White Paper, The S&P 500: Just Say No . From the title, you might think the authors – Matt Kadnar and James Montier – don’t like U.S. stocks. They do: “Being a U.S. equity investor over the past several years has felt glorious. The S&P 500 has trounced the competition provided by other major developed and emerging equity markets. Over the last 7 years, the S&P is up 173 percent (15 percent annualized in nominal terms) versus MSCI EAFE (in USD terms), which is up 71 percent (8 percent annualized), and poor MSCI Emerging, which is up only 30 percent (4 percent annualized). Every dollar invested in the S&P has compounded into $2.72 versus MSCI EAFE’s $1.70 and MSCI Emerging’s $1.30.” The au...
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