Fact of the Day: Number of Job Applications Received by IBM

IBM(IBM) used to be a great company to work for decades ago. That is no longer the case. These days the company is a yet another average tech shop that runs on its former glory. IBM had a total employee count of about 346,000 worldwide in 2020. The number of employees in the US remains …

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Fact of the Day: The Biggest Employer in the UK

The National Health Service (NHS) is the biggest employer in the UK. The NHS employed over 1.3 million people as January 2021. The NHS is funded directly by taxes and is the fifth largest employer in the world according to an article and one out every 20 employees in the UK works for the NHS. Source: …

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Fact of the Day: US Stocks Beat Foreign Stocks Over The Long Term

I have written many times on this blog that US investors have to diversify their holdings across assets including owing foreign equities. The convention wisdom that American multinationals derive a substantial portion of their earnings form abroad and hence foreign stocks are not necessary to own does not necessarily hold true. However in recent years …

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