From October 1, 2020, to March 31, 2021, U.S. small-cap value stocks returned 76.8%, way ahead of the 14.4% posted by large growth companies. The 62.4 percentage point difference is the largest for any six months since the first half of 1943. Financial Times, May 31, 2021
More than 25% of shoppers at Levi’s have a different size today than before the pandemic. Quartz, June 7, 2021
The oldest known bottle of whiskey is expected to fetch between $20,000 to $40,000 at an upcoming auction. Once residing in the cellar of the financier J.P. Morgan, the Old Ingledew Whiskey, is believed to have been produced between 1762 and 1802. CNN, April 26, 2021
Italian artist Salvatore Garau recently auctioned an invisible sculpture for 15,000 euros ($18,300). The sculpture’s initial price was set between 6,000 and 9,000 euros; however, the price was raised after several bids were placed. Titled ‘Io Sono’ (Italian for “I am”), the 67-year-old artist’s sculpture is “immaterial,” meaning that the sculpture does not actually exist. Per Garau’s instructions, the sculpture must be displayed in a private home free from any obstruction, in an area that is about 5 ft. long by 5 ft. wide. Because the piece does not exist, there are no special lighting or climate requirements. Newsweek, June 1, 2021
“Baseball is the only sport I know of where the defense controls the ball.” Ken Harrelson, Sports Illustrated, September 1976.
Those with mortgages – about 62% of all properties – saw their equity jump by 20% in the first quarter from a year earlier. That represents a collective cash gain of close to $2 trillion. Per borrower, the average gain was $33,400. CNBC, June 10, 2021
“Every generation revolts against its fathers and makes friends with its grandfathers.” Lewis Mumford