

Weekend edition
On this day in 1959, a pillar of American pop culture was born: Barbie.
By 2006, its maker, the toy company Mattel, claimed to have sold over a billion Barbie dolls, equating to roughly three dolls every second.
Thatβs a lot of Barbie, and last summerβs hit Barbie movie, which grossed almost $1.5 billion at the box office, certainly reinvigorated demand.
Despite Barbieβs success, Mattelβs stock has been a laggard, rising about 9% over the last year versus roughly 27% for the S&P 500. And going back four decades, Mattel is up just 686% versus the S&P 500βs more than 3,200% return.
π More fun insights below in 2 minutes to read.
β Matthew and Shawn
Quote of the Day
βA bull market is when you check the prices of your stocks every day to see how much money youβve made. A bear market is when you donβt bother to look anymore.β
β John Hammerslough
