Happy Thanksgiving – S&P 500 & Turkey
November 26, 2014
Happy Thanksgiving everyone. What a terrific year it’s been with great new partnerships/alliances and results. Yes, Thanksgiving is a time of gargantuan calorie consumption where every vegetable can be sweetened to desert like perfection. However, for me, here is a rationale you can use to “bulk-up” over the holiday….
Analysts expect aggregate annualized top-line revenue growth for the S&P 500 to accelerate from about 1.1% in 2013 to just over 5% by 2016. And most CEOs and shareholders expect companies to perform well beyond average, demanding double-digit growth rates. This equates to an $11 billion company (the average size of an S&P firm) needing to generate a daunting $2.14 billion in purely organic revenue growth over the next two years to meet expectations. – CEB
So if the analysts are right, then time to hunker down in good conscious, have some excessive caloric intake (I believe the average is about 2500cal. per meal tomorrow) and know that it will be burnt off in our pursuit of outstanding organic growth in the coming 24 months.
For family members less excited about S&P benchmarking, here are some fun facts to entertain guests with your Google-like recall on Thanksgiving history.
A tradition is born:
TV dinners have Thanksgiving to thank. In 1953, someone at Swanson misjudged the number of frozen turkeys it would sell that Thanksgiving — by 26 TONS! Some industrious soul came up with a brilliant plan: Why not slice up the meat and repackage with some trimmings on the side?Thus, the first TV dinner was born!
Not if you’re a plumber. Black Friday is the busiest day of the year for them, according to Roto-Rooter, the nation’s largest plumbing service. After all, someone has to clean up after household guests who “overwhelm the system.”
This land is my land:
There are four places in the U.S. named Turkey. Louisiana’s Turkey Creek is the most populous, with a whopping 440 residents. There’s also Turkey, Texas; Turkey, North Carolina; and Turkey Creek, Arizona. Oh, let’s not forget the two townships in Pennsylvania: the creatively named Upper Turkeyfoot and Lower Turkeyfoot!
Leaving a legacy:
When Abe Lincoln declared Thanksgiving a national holiday, it was thanks to the tireless efforts of a magazine editor named Sarah Josepha Hale. Her other claim to fame? She also wrote the nursery rhyme, “Mary had a Little Lamb.”
Not so fast. Only male turkeys, called toms, gobble. Females, called hens, cackle.
Have it your way:
If Ben Franklin did, the turkey would be our national bird. An eagle, he wrote in a letter to his daughter, had “bad moral character.” A turkey, on the other hand, was a “much more respectable bird.”
Born in the U.S.A.:
Thanksgiving is not just an American holiday. Canadians celebrate it too. Except they do it the second Monday in October.
Break out the menurkeys:
The first day of Hanukkah and Thanksgiving come together today for the first time since 1888. Scientists say the confluence won’t occur again for another 70,000 years, give or take a millennium.
Doomed from birth:
Those poor turkeys; they don’t stand a chance. Just look at the name we gave them. A turkey less than 12-weeks-old is called a fryer-roaster.
Why is it called a turkey? Oh boy, this will take some explaining. Back in the day, the Europeans took a liking to the guinea fowls imported to the continent. Since the birds were imported by Turkish merchants, the English called them turkeys. Later, when the Spaniards came to America, they found a bird that tasted like those guinea fowls. When they were sent to Europe, the English called these birds “turkeys” as well.