Final up to date 11/01/24
Each every now and then, (and generally every day) I take heed to an incredible podcast, get pleasure from an article, or see a very good video that I wish to share with you.
Final up to date 11/01/24
As we speak, I want to share three massive numbers; 250,000, 16,000, and $2 million. Each, in its personal distinctive approach, takes us to an attention-grabbing article and a primary financial idea.
250,000
The primary quantity takes us to the fats bear contest in Alaska’s Katmai Nationwide Park. Observing the competitors, we see that bears eat 40 salmon a day however scientists additionally report that, after the salmon, they devour 250,000 berries a day. As for the economics, a legislative tradeoff takes us again to lawmakers which have needed to determine between granting oil drilling rights or preserving the bears’ pure setting.
16,000
Subsequent, we are able to solely start to understand what it means for Netflix to have 16,000 titles in its library. We acknowledge that 16,000 choices create choice fatigue for us but additionally they replicate how we make our selections on the margin. So sure, we’re all the time selecting how a lot additional however with Netflix, the additional potentialities are large.
$2 million
And eventually, roughly $2 million represents the worth of a whoppingly costly purse referred to as the Sac Bijou Birkin. I believe there’s nothing that creates 1,000,000 greenback purse besides the facility of the market. With Birkin baggage, as with all different commodities in a market economic system, demand and provide create worth.
Every of the articles linked to the numbers is an attention-grabbing “read” that I like to recommend as this week’s e-links.
