I knew railroads had been hitting all-time highs recently, but I did not know that over the past 20 years railroads had crushed the Nasdaq 100 and the S&P by nearly 10 fold:

The railroad charts are likely a hint at what the charts of future software and internet leaders look like 100 plus years out.

Next up…I had a feeling Europe was getting left behind in this era of technology, but this stat brought it home:

Top 100 companies by market cap in 2007: Europe 40, US 35 and China 10. Today: US 55, Europe 20, China 10.

Here is a link to the tweet from Keith Rabois and the comments that followed as people argued about the meaning.

Finally, in 1983 about half of 16 year olds had their drivers license. By 2017, that number had dropped to 25 percent. No wonder $UBER and $LYFT are finally public companies. Also, while we mock these companies for endless money losses, the companies have saved countless lives by moving those averages. Many (me included) would argue this one stat might make them priceless. I do doubt that public markets will continue to let them run profitless.