› added 3 months ago

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TIL that Warren Buffett (5th richest in the world) started buying shares of Berkshire Hathaway in 1962 for less than $8 each. Right now, those shares are worth more than $740,000 each. He will finally retire as CEO of Berkshire Hathaway, at the age of 95 years old, at the end of this year.

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MejPB TIL Clarence Birdseye, inventor of frozen foods, had previously worked as a hunter for the US government. Seeking to find a cure for Rocky Mountain Spotted Fever, Birdseye was assigned to collect small animals and search them for the ticks which transmitted the disease. He found nearly 4,500 ticks.
l7oWV TIL Nearly 20% of U.S. families spend more than $12,000 a year, or $1,000 per month, on youth sports, per child, according to a TD Ameritrade survey of parents between 30 and 60 years old with $25,000 in investable assets with kids currently playing youth sports or ones that did.
AAJo TIL that an alcohol’s “proof” was meant to measure whether it been watered down. The “proof” (approximately 100) of good booze was that it would catch on fire.
LaA0 TIL the techniques employed by clickbait authors are derivative of the “yellow journalism” rampant in US newspapers in the late 19th century, which attempted to increase circulation by relying on eye-catching headlines that included exaggerations of news events, scandal-mongering, or sensationalism
neLa7 TIL the BBC created a Radio Soap Opera during WWII specifically for the American market. It was propaganda designed to get the USA to end its neutrality. One of the aims of the show was to appeal to those with a 'limited mentality'. It ended up being a popular radio show in the US.