Nothing will change your future trajectory like your habits. We all have goals, big or small, things we want to achieve within a certain time frame. Some people want to make a million dollars by the time they turn 30. Some people want to lose 20 pounds before summer. Some people want to write a…
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“It only took 4,209 days, but I am finally even!!!” So declared Stephen Bearce, now a broker at Wells Fargo. He had taken a flier on 100 Bear Stearns shares amid its epic collapse from $171.51 — its record closing price on Jan. 12, 2007 — to where Bearce bought it at $30 a share on Friday, March 14, 2008.…
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Smart people are not only just as prone to making mistakes as everyone else—they may even be more susceptible to them. This idea has been dubbed the Intelligence Trap. It explains the flaws in our understanding of intelligence and expertise, and how the decisions of even the brightest minds and talented organisations can backfire. More…
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While many in their 80s and 90s may be starting to take it easy, 85-year-old track star Irene Obera is at the other end of the spectrum. Setting multiple world athletics records in her age category, she is one of a growing band of “master athletes” who represent the extreme end of what is physically possible later…
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Mozart was a celestial genius, but he struggled like a mere mortal during his teens and early twenties. Though already a prolific composer, he had to work as an organist and concertmaster in his native Salzburg to make ends meet. Underpaid, unfulfilled, and hemmed in by his frustratingly average gigs, he felt a burning desire…
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Kenneth Libbrecht is that rare person who, in the middle of winter, gleefully leaves Southern California for a place like Fairbanks, Alaska, where wintertime temperatures rarely rise above freezing. There, he dons a parka and sits in a field with a camera and a piece of foam board, waiting for snow. Specifically, he seeks the sparkliest,…
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Source – Bloomberg
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