The CAN SLIM Investing System was developed by William J. O’Neil after his years of experience in the stock market, and further research by his team. O’Neil is the author of How to Make Money in Stocks.
The CAN SLIM stands for the following:
C – Current Quarterly Earnings of at least 25% A – Annual Earnings Growth of at least 25% over the past 3 to 5 years N – New companies, New products, New services and New price highs
S – Supply and Demand (huge increase in volume compared to the daily average = demand) L – Leader versus Laggard (stocks that are best in fundamentals and technicals in their category) I – Institutional sponsorship (the big money, the smart money) M – Market direction (invest when the market is in the uptrend)
The internationally known sports brand Nike was founded by two Americans, namely Bill Bowerman a track and field coach, and Phil Knight, a middle-distance runner. Both are from Oregon.
The two were a match made in heaven. Bowerman was a running coach who was always tinkering anything to improve the running shoes for his runners. While Knight, was also a business graduate from Stanford University.
Initially, in 1964 they were just a distributor for a Japanese brand, Tiger. Both pledged 500$ each, shook hands and formed Blue Ribbon Sports. They ordered 300 pairs of Tiger shoes in January.
Since both of them had full-time jobs, they hired Jeff Johnson to run the fledging business for them. Johnson was also a runner himself.
The 1970s was the golden era of Blue Ribbon Sports. Johnson was a valuable asset for the company, he setup the mail-order system and the first retail store. He was the one who named their first product, Nike.
The Nike check logo, known worldwide as “Swoosh,” was designed by Carolyn Davidson, a graphic design student at Portland State University.
I never really bothered how adidas (yep, small caps) got its name. I came to know this brand when I was probably 6 years old in the mid 1980s, it was so popular among adults back then.
Then I visited the adidas website recently, looking for the marketing department’s email, and while reading its short history, I discovered that the name “adidas” was actually the combination of the fist name and last name of its founder – Adi Dassler a german entrepreneur. Dassler’s full name is Adolf Dassler, so “Adi” is his nickname.