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Karbala / Bicycle Frame / Porgy and Bess / Whitesnake
On This Day (October 10): Your quick daily trip back in time.
Fatih Taskiran
October 10, 2025
PRESENTED BY
🌟 Editor's Note
Good morning — it’s Friday, October 10. Today, we explore the Battle of Karbala, the invention of the bicycle frame, the first grand American opera, the first major nuclear accident, and more — quick and clear.
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— Fatih Taskiran, Editor
🚀 Time Machine
-680 | Al-Hussein (Husayn ibn Ali) and his followers are killed at Karbala by Yazid's army, the Umayyad caliph. |
-1780 | Barbados was hit by the Great Hurricane of 1780, which killed 20,000 to 30,000 people, making it the Atlantic's deadliest hurricane. |
-1845 | The United States Naval Academy opened in Annapolis, Maryland, with 50 midshipmen students and seven professors. |
-1871 | After 3 days, the Great Chicago Fire ended with approximately 300 deaths, 100,000 homeless, and a $222 million damage bill. |
-1899 | African-American inventor Isaac R. Johnson patented the bicycle frame. |
-1935 | George Gershwin’s “Porgy and Bess,” the first grand American opera, premieres on Broadway. |
-1954 | The Viet Minh formally took over Hanoi and control of North Vietnam. |
-1957 | The Windscale nuclear plant fire in Cumbria, England, became the world's first major nuclear accident. |
-1987 | English hard-rock group Whitesnake's "Here I Go Again" tops the Billboard pop singles chart. |
-2014 | Malala Yousafzai, 17, won the Nobel Peace Prize and became the youngest laureate in history. |
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📸 Snapshot
France's last public execution by guillotine. June 17, 1939
🗨️ Final Words
Wall Street Isn’t Warning You, But This Chart Might
Vanguard just projected public markets may return only 5% annually over the next decade. In a 2024 report, Goldman Sachs forecasted the S&P 500 may return just 3% annually for the same time frame—stats that put current valuations in the 7th percentile of history.
Translation? The gains we’ve seen over the past few years might not continue for quite a while.
Meanwhile, another asset class—almost entirely uncorrelated to the S&P 500 historically—has overall outpaced it for decades (1995-2024), according to Masterworks data.
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Wall Street won’t talk about this. But the wealthy already are. Shares in new offerings can sell quickly but…
*Past performance is not indicative of future returns. Important Reg A disclosures: masterworks.com/cd.
🏆 FlashQuiz
Did we make history today? |
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