› added 1 year ago

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TIL about the Phoebus Cartel, an oligopoly that carved up the early light bulb market for profit and to reduce the operating life of light bulbs from about 2,500 hours to under 1,000 hours to force people to buy more bulbs. It’s an early example of planned obsolescence to drive profits.

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p884e TIL that the notion of fermented horse urine being a type of wine in Kazakhstan is a misconception; however, they do drink fermented horse milk (kumys).
E1y9W TIL Joshua Trees are in the same taxonomic family as Asparagus and are therefore related
4g4X TIL that Milk allergy is quite different from Lactose intolerance and can be problematic for young children due to ignorance of the differences
M69m TIL in a small town in County Cork, Ireland, a monument stands in appreciation to the American Choctaw Indian Tribe. Although impoverished, shortly after being forced to walk the Trail of Tears, the tribe somehow gathered $170 to send to Ireland for famine relief in 1847.
0VOy TIL in 1962, Warren Buffett agreed to selling shares of a failing company for $11.50 per share. The written offer was for only $11.375, so Buffett decided to buy more of the stock, took control of the company and fired the man who made the offer.