What was the Dow-Jones high in 1966?

Business Trivia / September 17, 2024

950. In 1966, the net worth of the average U.S. household was $2604.60.

What outdoorsy retail giant was founded in Freeport, Maine in 1912?

Business Trivia / September 16, 2024

L. L. Bean. Leon Leonwood Bean founded the company in 1912 in Greenwood, Maine.

What happens to the price of a share of stock when the stock splits?

Business Trivia / September 16, 2024

It Goes Down. Investors hold more shares but the price is adjusted so that each share is worth less.

What do they call a problem faced by uninformed winning buyers?

Business Trivia / September 15, 2024

Winner's Curse. Uninformed participants who receive larger allotments of issue than uniformed suffers from winner's curse.

How did super-rich Bruce Kovner make his billions?

Business Trivia / September 15, 2024

Hedge Funds. Bruce Kovner ranked 91st on "Forbes" 2006 Rich List calls New York, NY home and was worth $3 billion.

What are "Blue Sky Laws" designed to do?

Business Trivia / September 14, 2024

Protect Against Securities Frauds. The first "blue sky" law was enacted in Kansas in 1911.