#Flow Barbados
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Had to do this meme redraw when I was listening to you talk about her backstory on stream.
#nezumivastream#KILL HIM#sorry for not drawing the insignia on her cloak#patterns on flowing cloth is very hard#tried to make Barbado's arm look affected by the blast as well
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Missing Data - FLOW Barbados - No Customer Service - Have your say - Barbados.
youtube
https://youtu.be/p3k6frL1CeM
Comment if you feel you are being robbed. Naked!!
Like/share/subscribe - hit the 🔔/comment on YouTube (it costs you nothing). NEW WhatsApp #2527225512
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based on the picture that @ihe4rttwd posted 🥵 you know I got you baby @rafescokewhore 😘
Barbados, a gorgeous place to visit. Beautiful waters, warm air and currently the place where you were getting fucked by the sexiest man whom you got to call yours. With the rest of the cast at dinner, you and Drew stayed back at the hotel after a long day on the boat. Drinks in both of your systems had the two of you with your hands all over one another, up until now where you cried out from his huge dick sheathing itself inside you.
The sounds of your soaking cunt, filled the room along with his small grunts as he fucked up into your tight little hole at a brutal pace. His massive hands held onto your hips to keep you in place, while all you could was take it. Not that you had a problem with that, the pleasure so intense that tears started to stream down your cheeks.
“D-Drew…fuck…i-it feels so fucking good!” You sobbed, eyes trying to stay focused on the sight of your gorgeous man. Your nails dug into his broad chest, his biceps hot as they flexed while he tightened the grip further on your hips to pound out your fluttering hole.
“Yeah? That shit gonna make you cum?” Drew grunted out between breaths, his voice in that low raspy tone that made your poor cunt start clenching around him. He removed one hand from your hip, his huge palm slapping your asscheek with a loud smack! noise that echoed off the walls.
You could barely get any words out, thanking your face was free of makeup as it would have been ruined by the constant tears flowing from your eyes. All you could was lazily nod your head, eyes rolling back as you slowly started to come undone at his ongoing thrusts to your little dripping hole. You could feel your lower tummy tighten, small gasps making there way out between your lips as your orgasm hit your body from this man’s insane stamina.
“I-I’m gonna cum Drew!” You yelled out, body collapsing against his taller one as you buried your dizzy head in the crook of his neck. You could feel yourself start to gush around his thick cock, cunt squeezing him as his thrusts refused to slow down.
“Fuck… that’s it… cum all over my fucking cock pretty girl.” Drew groaned against your sweet skin as he talked you through it, knowing he was about to fill your sweet pussy up with his own seed. “Make that fucking mess I love sweetheart…shit…there you go baby.”
#drew starkey#drew starkey x reader#drew starkey smut#rafe cameron#rafe cameron smut#obx smut#obx#smut#rafe cameron x reader#rafe cameron prompt#outer banks
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Venti, Zhongli, and Ei (separate) confessing to reader that they’re an archon?
I didn't know if you wanted it to be romantic but it's a lil bit romantic. Some cuteness and kisses XD
Thank you for requesting <3 Enjoy!
Word Count: 2,102
Venti:
You usually spend your nights at the bar, drinking significantly less than your companion. Venti could go through enough alcohol for the entire tavern to black out, but he always did it with a smile. It went a long way in keeping everything entertaining, and you found yourself often singing along to his silly songs he’d play on his lyre while dancing across the wooden floors. Tonight was a night like that, but he had something important to say. You could tell by the way he was quiet. That was never a good sign.
It was early into the morning, and Diluc had finally kicked you both out. Venti rested his weight on you, his arm wrapped around your shoulders as he hummed softly to the beat in his head. The wind flowed around you both, and you headed to your favorite peak. You’d both sit there for endless hours, talk about anything and everything, and hold each other until you finally succumbed to sleep. Luckily there weren’t any other people hanging around, so it gave you both some privacy.
Venti went quiet, and he let you help him sit down beside you. He kissed your cheek, and gave you his typical wide and mischievous grin. “Wanna know something cool?” His words weren’t as slurred as you expected, and you just nodded to let him continue. “I’m the archon of Mondstadt. I’m Barbados.” The words seemed teasing, but there was a hint of nervousness and vulnerability in his eyes. It was clear he was searching for some kind of emotion in your response.
Completely certain he was joking, you laughed. But you paused when he looked away from you, not laughing with you. It made you stop, and look at him confused. “Huh? What kind of joke is this?” You fidgeted, and looked at him fully. He looked…shy almost. It was a stark contrast to his teasing nature, and it hit you that he was really telling the truth. At least he seemed to believe it. “Oh…” It was a pathetic response, and it took you a while to fully process the weight of his words.
He pouted, before giving a mischievous smile. Venti leaned closer to you, and gave you a kiss. “That must make you pretty special considering how easily you made an archon fall for you.” He sighed, wrapping his arm around your shoulders and pulling you close. “Do you…believe me?” His head rested on your shoulder, and he cradled your arm against his chest.
“It’s…kind of hard to imagine. But I’ve never heard you be this serious before…I don’t know.” You let him pull you closer, and you looked off the corner of the peak, simply taking in the sight as if you hadn’t seen it before. Your hand slid over, holding his hand in yours. Your fingers wrapped around his, and you brought it up to your face to plant small kisses along his knuckles.
“I bet I can convince you.” He chuckled, and something about his tone had you worried for exactly how he planned to do that. “But you have to trust me. And you have to play nice!” The wind seemed to pick up, and he stood, bringing you with him. You stumbled, but he held you tight. “So…trust me…please.” He muttered, bringing you into a slow and passionate kiss before he grinned against your lips.
With determination, you looked at him although slightly hesitantly, and spoke. “I trust you, Venti.” You squeezed his hand once more, and he placed his arm around your waist to hold you tightly. It made you squeak when he jumped, the wind carrying you higher until you glided over the side of the cliff. You screamed, but within seconds you had solid footing.
Stormterror had flown under you, catching you both effortlessly as he soared through the sky. You gasped loudly, and looked at Venti…no…Barbados as he held you firmly in his grasp and laughed with childlike innocence. “Told you.” He said, as you quickly came to the conclusion.
He really was your archon. While earlier he said that he’d fallen for you, and you always knew that was the case. But now…there was so much left to learn about him still. Because you fell for him as he fell for you, and it only brought you closer together. He had a special place in your heart, and your chest filled with pride and uncertainty, now knowing that you were in love with the archon.
How many people got to say that?
Zhongli:
You were taken out to dinner with Zhongli…but really it was more like you took him out, given he didn’t pay for anything. It was a calm and peaceful conversation, but a thought nagged at your mind. He was sipping his wine, and closed his eyes as he took in the flavor. Now seemed as good a time as any to ask your question.
“Hey…so I’ve seen you fight. You’re really strong, how is it you always have no money? Treasure hoarders and all that can get a ton of money. Why is it you never seem to have any?” You didn’t mean to sound accusatory, and waved your hands as you tried to explain. “I mean it’s no problem! I don’t mind paying for things, I just can’t buy stuff for you when I’m not in town and I worry about you…you know?”
Zhongli opened his eyes, and looked at you with a thoughtful expression. He hesitated, before sighing and speaking clearly but quietly, as to not let the other people hear. “Because…I have never had a meaning for things as trivial as mora. As Morax, it was never needed. Though I suppose you’re right, I should be earning a living now that I’m free of the restraints and expectations of being an archon.” He leaned back slightly in his chair, and looked at you carefully assessing your emotions as you processed the weight of his words.
Your jaw dropped, completely in shock at his confession. “You’re…you’re Morax?” It was a whisper, and you looked around quickly to make sure no one was listening. “How do I know you’re not messing with me?” It was a pathetic response, but you were racing through endless trains of thought as you remembered all the time you’ve spent with Zhongli. For some reason…him being Morax kind of made sense. It would certainly explain a lot of his beliefs and behaviors.
“Do I seem the type to joke around like this?” He gave a soft smile, and knew your answer before you had to say it. “I tell you now, because I trust you. More than any other human or inhabitant of Teyvat.” He let out the softest of chuckles, and spoke earnestly. “Don’t think this changes anything between us. I care for you as much as I did before, though I would accept your rejection if that’s what you choose.” He spoke, in nearly a monotone voice as he tried not to let any strong emotions such as fear into his tone.
“I care for you too…it’s just a lot to process.” You spoke genuinely, and your eyes darted to him. “I’ll need some time to get used to it, but I do still love you. I’m just…not sure where to go from here.” You idly messed with your hands, before returning to finishing your plate of food on the table. Though when he reached his hand out to hold yours, it paused your racing thoughts.
“We have all the time in the world. This is new for me as well, so we can forge on and continue to learn from each other…to learn about each other.” He gave a smile, which nearly looked foreign on his usually calculating expression. Though you couldn’t deny how much it warmed your heart when he looked at you like that.
It would be a long road, but you knew you were in it together.
Ei:
Ever since the seemingly never ending war was over, things settled down nicely. There were still instances of rejection when it came to the new way Inazuma was ran, but overall it was peaceful. Getting used to so many new changes would take a while, but most of the citizens were willing to give it their all. In that time, you’d gotten close to a woman. She was kind, but guarded. You hadn’t seen her until a couple weeks after the battles had died down, but it was nice to see a new face.
You talked about anything and everything, and she seemed intent on listening carefully to all of your stories. From childhood to now, it all interested her immensely. She didn’t talk about herself as much, but she did mention her close relationship with Yae Miko. You had only met her a couple of times, but it was amusing to you how opposite their personalities were. Once you asked questions about Yae Miko was really when Ei started to open up about herself, as well.
Today, you were both resting under the sacred sakura at the shrine. You had prepared meals for you both, and found yourself laughing at Ei’s stories. She had been through a lot, but still spent time with you and smiled happily like it was her favorite thing to do in the world. You had both quickly realized you were drawn to each other, and decided that after several months of talking, this would be a sort of date. Ei smiled, and seemed overjoyed at the idea while trying to appear passive, while you grinned wide and held her hand.
She seemed confused at the gesture, but didn’t pull away. In fact, it only made her scoot closer to you and hold your hand tighter. You talked on and on about how excited you were to have this date with her, and after a while you both fell into a comfortable silence. When you looked over, she was staring intensely at your hands. It made you tilt your head, and you tried to pull her out of her thoughts.
“Hey…Ei, is something wrong?” You ran your thumb over the back of her hand and squeezed lightly to try and get her attention. “If something is wrong, you can tell me. I know you ask me about myself a lot, but I wanna know what you’re thinking too.” A wide smile spread across your face, and it made her look at you with a smaller smile on her own face.
“I suppose that makes sense…I do have something I’d like to tell you, if you really want to get to know me better.” She smiled warmly, but looked back to your intertwined fingers and squeezed, almost as if to ground herself in the moment. She sighed, but looked at you with a serious and determined expression. “I’m…the Raiden Shogun. In a way. She’s a puppet created by me, and I’m the true archon of Inazuma.” Her expression remained stoic, and she hid any trace of emotion she may have had on her face.”
Obviously, you were shocked, but nodded as you thought about all of your time spent together. “I understand…I don’t care for you any less. Inazuma was struggling, but everything is getting better now, so don’t beat yourself up over it. Inazuma is becoming a safer place, and I know you helped out with it more than anything. It’s okay to make mistakes, and I’m proud of how far you’ve come!” You squeezed her hand tightly, and gave her a wide grin as you leaned in to hesitantly place a kiss to her cheek.
“You’re taking this a lot better than I anticipated…not that I’m complaining.” She paused, thinking about her words carefully. Though as you leaned in to kiss her cheek, she turned and gave you a proper kiss. “I may not have had enough strength before, but knowing you has given me more than the heavenly principles. I know I can do anything with you by my side.” She reached over, and cupped your cheek in her hand as she leaned in for another kiss.
You weren’t expecting something so cheesy to come out of her mouth, but all it served to do was cause you to swell with euphoria. The smile on your face only widened as she kissed you, and you found yourself leaning into the kiss. You weren’t strong, not by a long shot. But if anything…you knew you had Inazuma’s archon to stay by your side and protect you from anything.
You were safe with her, and you always would be.
#venti x reader#zhongli x reader#raiden ei x reader#archons x reader#genshin x reader#gn reader#x reader#request#fluff#genshin impact x reader
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Dear FFS,
As a big boobed individual, I've always struggled to get comfortable laying on my side; either my boobs will be on top of the bicep of my bottom arm and cut of circulation, or I move my arm out of the boob's way and now that position isn't comfortable. But everything else about laying on my side is soooooo comfy. Have you any advice?
Sincerely,
Boobily Breasted in Barbados
I asked my significantly more beboobed wife their take but they’ve never experienced loss of blood flow so our advice is similar.
Try to find a soft sports bra type thing to keep them corralled for sleep time or possibly get a body pillow to spoon and flop the upper boob onto it to take the weight.
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VICE SCRIPT: Game Theory for The Venetian Macao, China (Trapping Aesthetic for Tennis) 14K
BIO
My Name is Adrian Blake-Trotman. I am Indo-Mediterranean Caribbean Born in Toronto but From Barbados and Haiti. I am a Beta-arbitrage Mergers & Acquisitions Banker that Specializes in Commodities. I have Understanding Financial Markets by Université de Genève and Monetary Policy in the Asian-Pacific by Hong Kong University of Science and Technology with No Gr. 12 Math or Intro to Linear Algebra; I built a mathematical learning style by using Japanese Candlesticks Bullish Engulfing Discounted Cash Flow Charts for Poker. I Operate TAX AVOIDANCE through Freelance Mergers & Acquisitions through an Enterprise Foundation and Investment Trust. My background is Agriculture Working Class, I've worked in Kitchens and Grocery Stores. My goal is to connect the Democratic Republic of the Congo to two tax havens; Haiti & Seychelles to stabilize the Diamond Trade and more Important the Commodities Market. Through Mercantilism Agriculture Hedge Fund as a Central Bank, Options Volatility Exchange, Lab Grown Re-sale Market, Decentralized Currency and Fiat Money, Hospitality & Gaming. Also To form a Socioeconomic Status Agriculture Working Class; Blue, Pink, and White Collar Jobs. I am Modelling my Cartel off of Wall Street for De Beers but is owned and operated by the Société des Bains de Mer (SBM); The Casino de Monte-Carlo is owned and operated by the Société des Bains de Mer (SBM), a public company in which the government of Monaco and the ruling princely family have a majority interest. The company also owns the principal hotels, sports clubs, food service establishments, and nightclubs throughout the Principality. The Société des Bains de Mer operates in the accommodation, dining, entertainment, and gambling services. SBM manages and owns casinos, hotels, restaurants, bars, nightclubs, spas, beach clubs, and golf clubs. Fifty-two of their fifty-eight properties are located in Monaco. The concept of state-corporate crime refers to crimes that result from the relationship between the policies of the state and the policies and practices of commercially motivated corporations. The term was coined by Kramer and Michalowski in 1990.
FUTURISM NUIT BLANCHE STRIP
Futurism was an artistic and social movement that originated in Italy, and to a lesser extent in other countries, in the early 20th century. It emphasized dynamism, speed, technology, youth, violence, and objects such as the car, the airplane, and the industrial city.
Nuit Blanche (White Night) is an annual all-night or night-time arts festival of a city. A Nuit Blanche typically has museums, private and public art galleries, and other cultural institutions open and free of charge, with the centre of the city itself being turned into a de facto art gallery, providing space for art installations, performances (music, film, dance, performance art), themed social gatherings, and other activities.
Tennis-Art Movement VICE SCRIPT: Culinary Arts** (Trampoline), Graffiti** (Trampoline), Olfactory Arts** (Trampoline), Photography** (Trampoline), Fashion Design, Dramatic Arts, Theater Arts (Short Film Series), Shibuya Punk/Jet Set Radio/Drive (2011 film) Video Game by Gran Turismo Series first-party video game development studio & Sports Book Celebrity Drift Racing Mini Airports, and Raves-Nuit Blanche Gambling Strip (Acid Gardens). Influence's Muesuem has Bobby Flay, Gordon Ramsy, Stussy-Patagonia-Billionaire Boys Club, Freebandz, Jean-Michel Basquiat, Jimi Hendrix, Nelson Mandela, Nigo, Pharrell, Kazunori Yamauchi, and Keiichi Tsuchiya.
THE ARNAULT MODEL: BALANCING FINANCIAL DISCIPLINE AND CREATIVITY
Over the next three decades, as he brought the best luxury brands in fashion, cosmetics, and beverages under the LVMH umbrella, Arnault proceeded to make “a series of brilliant business decisions” that “can only be called masterful.” Even his critics were impressed by “his ability to manage creativity for the sake of profit and growth.” Industry observers frequently credit his outstanding success in a highly competitive industry to the fact that—unlike other global CEOs—Arnault understands both the creative and the financial aspects of running a luxury business
Financed through Real Estate and Convertible Bonds
The Creation of Star Brands
In a 2001 Harvard Business Review interview, Arnault explained his famous business process, which—unlike the traditional fashion industry—requires financial discipline as well as creativity. The entire focus of Arnault's teams is the creation of “star brands” that must meet a high bar for four artistic and financial criteria: LVMH brands must be “timeless, modern, fast-growing, and highly profitable.” In practice, “profitable creativity” means that “star brands are born only when a company manages to make products that ‘speak to the ages’ but feel ‘intensely modern’ and ‘sell fast and furiously, all while raking in profits
Although the LVMH process begins with "radical innovation—an unpredictable, messy, highly emotional activity” on the creative end, as soon as “it comes to getting creativity onto shelves—chaos is banished,” and the company imposes "strict discipline on manufacturing processes, meticulously planning all 1,000 tasks in the construction of one purse.”
The genius of Arnault’s process is that, although the "front end of a star brand—the innovation…the creative process, the advertising—is very, very expensive,” the “back end of the process in the atelier (the factory)” is a place of "amazing discipline and rigor” that drives “high profitability behind the scenes.” Brands with “unbelievably high quality” require “unbelievably high productivity,” so “every single motion, every step of every process is carefully planned with the most modern and complete engineering technology.”
For example, when Arnault automated production at Vuitton, he drove that venerable old brand to the top spot on Fashionista’s list of the world's best-selling luxury brands in 2011, with a value of $24.3 billion—more than twice the amount of its nearest competitor.
As he spent “lavishly” on advertising, Arnault "rigorously" controlled costs by leveraging every possible synergy across the group: Kenzo manufactured a Christian Lacroix line; Givenchy manufactured a Kenzo perfume, and Guerlain created the first Vuitton perfume.
Creative Talent Management
As Arnault built LVMH into the world's largest luxury conglomerate, he hired new design talent for star brands that “speak to the ages” but “feel intensely modern”: from Céline, Kenzo, Guerlain, and Givenchy to Loewe, Thomas Pink, Fendi, and DKNY.
Because his model requires that “the counterbalance to creativity must be commerce,” Arnault “never hesitated to reign in, or outright terminate, creative executives who did not produce.” Since the early days at Dior, he has often replaced creative executives with non-traditional talent and then shuffled them across his brands to help him identify opportunities to drive profit—no matter how unpopular.
For example, at Givenchy in 1995, Arnault brought in a “fashion industry darling” and “notorious wild child,” British designer John Galliano, to replace Hubert de Givenchy, the industry icon “credited with defining simple elegance for an entire generation of women, (including) Audrey Hepburn, Jacqueline Kennedy, and the Duchess of Windsor.”
Within a year, Arnault moved Galliano, the first British designer in French haute couture, from Givenchy to Christian Dior to replace Gianfranco Ferré, the Italian couturier who had led Dior design since the late 1980s. Other non-traditional Arnault hires included installing 27-year-old Alexander McQueen (another British designer) at Givenchy and Marc Jacobs at Louis Vuitton, where he gave the American designer a mandate to challenge LVMH’s competitors, Prada and Gucci.
Although those iconoclastic designers later left LVMH, they had served Arnault’s purpose: interest in his traditional fashion houses had been jumpstarted by the early 21st century.
HOW TO STABILIZE THE DEMOCRATIC REPUBLIC OF THE CONGO, CÔTE D'IVOIRE, MOROCCO, ALGERIA, TUNISIA, LIBYA, EGYPT, REPUBLIC OF CABO VERDE, SEYCHELLOIS, AND HAITIAN CURRENCY (SWISS CENTRAL BANKING CASE STUDY: INDIAN PREMIER LEAGUE DUAL SPORTS SYSTEM: INDIVIDUAL SPORT; COMMODITIES PURSE SYSTEM TENNIS/TEAM SPORTS; TECHNOLOGY TOURISM CRICKET) https://www.youtube.com/watch?v=FIRLA2X6WBM&t=22s FOR INES CHAIEB
Documentary: Bioeconomy Meta-Analysis/Case Study 25-Year (Chapters) Social Experiment; Agriculture Working Class Pegged to Loblaws-Joe Fresh Purse System Tennis-Art Movement for Dopamine, Ambush, Influencer Marketing, and Destroys Starving Artist
Biotechnology Central Hedge Fund with Bulge Brackets Oligopolistic System Hyper Inflation Vehicle Fiat Currency: Strict Negative Interest Rates for Investments; Debt/Equity Business Loan Period and Construction Loan/Tax Benefits Programs, Investment Trusts & Enterprise Foundations are Common Corporate Tax Avoidance Practices, and Raise Denominator of Currency & Print Currency for Insurance Companies for Building Process
Real Estate is Rental For Sociocultural Theory of Development to Challenge Trust Fund Kid Stereotypes
Paris-Bay Area, California AgriCivil Engineering
Agrichemical and Biotechnology Khakistocracy Monopolies
Latin and Mandarin are Languages
Car Purse System Tennis as National Sport: Free Internet with International Corporate Sponsor Purse Bid/Height Class System UBS/HSBC Tennis Gardens, Camps, Orphanages, Polytheist Churches; Attach to Commodities Market; and Gaming-Hospitality Beta Arbitrage, DCF +EV, Live Betting Options Trading Turf Accountant Gambling. Treat Tennis Tournaments as Car Shows and BE THE BUGATTI. Play on Lipolysis. Vertical Integration Trademark Collaborations are Restaurant Clientele Grocery Chain, Mattresses, Fougère with Mineral & Floral Bar Soap, High Fat-Mineral Shaving Cream, Deodorant, and Mineral Aftershave/Water. Uniform: Grafitti Graphic Mock Knightsneck (Turtleneck) Crew Neck, Drawstring Mesh Shorts, High Socks, Continental Grip Long Sleeve Trapeziod (Hex) Compression Garments, and Blade Runner Sneakers with Rubber Clog Interior. Rugby Union Influence Variants Rugby union has spawned several variants of the full-contact, 15-a-side game. The two most common differences in adapted versions are fewer players and reduced player contact.
Knightsneck Material: Viscose, Nylon, Elastane
Mercantilism Fiat Currency Pegging: Foreign Exchange Rate to Diamond Peg Currency
UBS & HSBC Market Extension Vertical Integration Bank Mergers Lottery Industries: STEM-Mergers & Acquisitions Agriculture Industry, Lobbyist, Culinary Arts, Photography, Design Technology, Market Volume Pegged Decentralized Finance, Real Estate Finance-Economics, Capital Gains Tax Haven, Corporate Tax Haven, Inheritance Tax Haven, Short Film Series Taxi Driver Lessons, Fragrance House, Art Ports, and Gaming-Hospitality
Diamond-Commodities Exchange Modelled Off of CBOE Volatility Index (VIX). Founded in 1973, the CBOE Options Exchange is the world's largest options exchange with contracts focusing on individual equities, indexes, and interest rates. Debit/Credit Spread Options, Cash-secured Puts, and Investment Trust the Commodities Market with Volatility Prediction.
Business Capital is a Collaborative Environment through Generalized Education (Agri STEM AND Agri M & A)
Socioeconomic Status Agriculture Working Class Immigrants; Replace Jury Duty to Construction Duty
Traditional Tennis Training (Fascia-Elastic Force); Supplement Hydrolyzed Collagen-HA Acid mTAA or BCAA (mTOR Amino Acid or Branched-chain Amino Acid), Tennis Specific Resistance HIIT Weighted Vest, Isometric-Plyometric Weighted Jump Rope, Isometric-Mobility Tennis (Pullup) Bands [Replace Boxing Bags] & Med Ball Hybrid Muscle Fibre Elasticity and Elastic Force: Something that is elastic can return to its original shape after being stretched or compressed. This property is called elasticity. As you stretch or compress an elastic material like a bungee cord, it resists the change in shape. It exerts a counterforce in the opposite direction. This force is called elastic force. The farther the material is stretched or compressed, the greater the elastic force becomes. As soon as the stretching or compressing force is released, the elastic force causes the material to spring back to its original shape. Collagen Athletes: Researchers found that a year of daily collagen peptides supplementation measurably increased bone mineral density in the lumbar spine and in the upper femur. The women also had higher levels of a blood biomarker that indicates bone formation. Collagen provides resistance to tension and stretch, which commonly occur in fascial tissues, such as ligaments, tendons, sheaths, muscular fascia, and deeper fascial sub-layers. mTOR controls the growth and production (or 'synthesis') of protein in various types of cells, including muscle cells (muscle fibers). Enlargement of muscle fibers (hypertrophy) relies upon mTOR signaling. It, therefore, plays an important role in muscle gains following exercise. Leucine and essential amino acids appear to stimulate human muscle protein synthesis primarily by activating the mTOR signaling pathway. Adequate mobility allows you to train optimally. Another one of the commonly acknowledged L-arginine benefits is its contribution to muscle growth, as it is needed for the synthesis of most proteins. While the muscle mass increases, L-arginine also signals muscle cells, encourages the release of growth hormone and promotes a fast metabolism. Vitamin K2 activates the osteocalcin proteins that put calcium into bones. Without Vitamin K2, calcium cannot do its job properly. Arginine is an important amino acid that plays a role in height growth. It promotes the multiplication of cells at the growth plate in bones to help bones grow longer. It creates the potential for you to train for strength and muscle mass in the most effective way possible. Without enough mobility, you will have to compromise on certain movement patterns and find workarounds to challenge muscles in certain positions.
The roles of gender and personality factors in vandalism and scrawl-graffiti among Swedish adolescents; Abstract: A total of 360 upper secondary school students in Sweden were divided into three grouping variables: gender (male, female), vandalism (involved, not involved), and scrawl-graffiti (involved, not involved). Relevant to the discussion of whether or not scrawl-graffiti may be construed as vandalism or art, the aim of the study was to explore whether or not personality factors known to be linked to vandalism in general (such as impulsivity, affectivity, emotional disability, and optimism) are related also to involvement in scrawl-graffiti, and, furthermore, how the gender factor relates to vandalism and scrawl-graffiti, respectively. The analysis showed that impulsiveness was a significant variable related to vandalism as well as to scrawl-graffiti. Further analysis indicated that vandalism was predicted by non-planning impulsiveness whereas scrawl-graffiti was predicted by motor impulsiveness. Analyses showed also that there were significant gender differences related to both vandalism and scrawl-graffiti, whereby male participants were significantly more involved in vandalism than female participants, while the latter were significantly more involved in scrawl-graffiti than the former.
Sports Book For UEFA Through Switzerland
Culinary Arts, Olfactory Arts, Graffiti, and Photography (COGP) as National Arts
Culinary Arts 2-Year Program With High School Diploma
Mediterranean Ingredients Italien-French Cuisine: Coconut, Nuts, or Cheese Roux (Culinary)
Planned Parenting For MAO-A Father: XYY or Triple X Syndrome, ACTN3 Gene, MSTN Gene, and Mercury Cusp Births for Artistic Athletes (Virgo-Leo, Virgo-Libra, Gemini-Taurus, and Gemini-Cancer)
**Alternative Sports Pairs: X Games-Volleyball, Golf-Baseball, Muay Thai-Rugby, Tour de France-Football
A ROUND OF PAR GAME THEORY NETWORK
Beta Arbitrage with Convertible Bonds Compounding
Key Ingredients
Player's: Futures Exchange and Investor
Actions: Issue payments under any circumstances
Payoffs: Exchange - Larger Market Volume, Investor - Larger Assets Under Management or Profits
Representation
Extensive Form includes timing of moves. Player's move sequentially, represented as a tree (timing). Chess: the white player moves, then the black player can see White's move and react
Theory
There's a common expression of higher the risk, higher the reward; but in finance it should be higher reward, higher risk because people's savings are involved. This is why I created The Round of Par Games Theory Network where the intended score should always be 0. Nobody wins and nobody loses between investor and stock exchange, just a nice friendly draw. The Investors assets under management grows and the Exchange's Market Volume Grows.
Let's break down the Components:
Beta Arbitrage
Investor: Beta Arbitrage involves longing in one market and shorting in a DIFFERENT market. The example is longing Company A in the stock market but then going to Company A in the options market and placing a put/short option. Either way the Investor earns a profit.
Exchange: The Futures Exchange benefits because now not only is equity on the stock market is being bought but the options market has a larger volume.
Convertible Bond Compounding
Investor: By compounding through Convertible Bonds not only are you going to be paid back your money because creditors are first on the company's bankruptcy list unlike investors, but it's an easier way to buy more shares for growth investing while not diving head first.
Exchange: The Futures Exchange benefits because now not only is equity on the stock market is being bought, but the bond market has a larger volume.
LANGUAGES
Mandarin
Latin
INDUSTRY WORTH FOR COMMODITIES (AGRICULTURE WORKING CLASS)
In 2012, Forbes reported that $21 trillion was Off-Shored
In 2017 the equivalent of at least 10% of the world’s GDP is in offshore banks, and that number is probably higher due to the opaqueness of the world’s global tax havens, according to a research report release this month by the National Bureau of Economic Research.
The estimated amount of money laundered globally in one year is 2 - 5% of global GDP, or $800 billion - $2 trillion in current US dollars.
Taxes in the US – The federal government collected revenues of $3.5 trillion in 2019—equal to about 16.3 percent of gross domestic product (GDP) (figure 2). Over the past 50 years, federal revenue has averaged 17.4 percent of GDP, ranging from 20.0 percent (in 2000) to 14.6 percent (most recently in 2009 and 2010).
The foreign exchange or forex market is the largest financial market in the world – larger even than the stock market, with a daily volume of $6.6 trillion, according to the 2019 Triennial Central Bank Survey of FX and OTC derivatives markets.
In 2019, for example, the sales value of rough diamonds amounted to some 13.9 billion U.S. dollars worldwide. After polishing, the value increased by nearly double to 26.7 billion U.S. dollars. In 2019, the global diamond jewelry market value was approximately 79 billion U.S. dollars.
Global Cut Flowers Market to Reach $41. 1 Billion by 2027.
The global coffee market was valued at USD 102.02 billion in 2020
According to the report published by Allied Market Research, the global cocoa market generated $12.8 billion in 2019, and is projected to reach $15.5 billion by 2027, witnessing a CAGR of 4.3% from 2021 to 2027
The global water and wastewater market was valued at 263.07 billion U.S. dollars in 2020. The market is projected to reach a value almost 500 billion U.S. dollars by 2028 at a CAGR of 7.3 percent in the 2021 to 2028 period.
For the year 2020, Worldwide Cotton Market was US$ 38.54 Billion. Global Cotton Market is expected to reach US$ 46.56 Billion by 2027, with a CAGR of 2.74% from 2020 to 2027.
The global waste management market size was valued at $1,612.0 billion in 2020, and is expected to reach $2,483.0 billion by 2030, registering a CAGR of 3.4% from 2021 to 2030
According to Brandessence Market Research, the Energy Drink market size reached USD 61.23 billion in 2020 and expected to reach USD 99.62 Billion by 2027.
LEGAL DEFENSE
Smurfing: Reverse Onus, Challenge Mens Rea and Actus Rea, Press Malicious Prosecution Charges, Financial Settlement
RICO Legal Disputes Trademark (30 for 30 Court): Undisclosed Settlement; 1 large sum ($30 million) broken into a 3-part settlement, Not going to trial settlement (guaranteed payment for being brought into court), Case being unsealed settlement (if the case gets reopened), and Testimony settlement (in court testimony in reopened case). The non-disclosure agreement (NDA); Agreement to 10 years jail time for every broken NDA, NDA on Case, NDA on Testifying, and NDA on Settlement. Sealed Federal Cases: Have legal matters sealed by the court to prevent leaked information to media and Precedence for RICO
CRIME COLLAR
White-Blue collar crime is a subgroup of white-collar crime White Collar Crime, a term reportedly first coined in 1939, is synonymous with the full range of frauds committed by business and government professionals. Blue-collar crime is a term used to describe crimes that are committed primarily by people who are from a lower social class. This is in contrast to white-collar crime, which refers to crime that is usually committed by people from a higher social class.
SOCIOCULTURAL THEORY OF DEVELOPMENT
Agriculture Working Class Immigrants Socioeconomic Status Focused Key Players in Commodities Market*
Polytheism (Zeus, Poseidon, and Ogou-Athena)*
Births: Mercury-Venus, MSTN Gene, ACTN3 Gene, XYY Syndrome, or Triple X Syndrome
Māori All Blacks Sports Culture and Tennis is National Sport*
Jumping for Cardio*
Poker Brain*
REITs/Real Estate ETF Investors with Index Credit or Debit Spreads Options Trading*
Mergers and Acquisitions Exploratory School System*
Sand-Based Calisthenics kallos sthenos (beautiful strength) Interval Training: Isometric-Plyometric, Circuit Training: Isometric-Isotonic, and Isometric-Mobility
Tofu is Protein of Choice
Fish/Seafood is Meat of Choice
Blueberry is consumed at every breakfast
Mineral Water instead of Spring Water
Coconut Syrup as Sugar Replacement
Business News is a part of The Cigar Culture
Sports Gambling for Extra Revenue Stream instead of Lottery Tickets when in Working Class
Hydrolyzed Collagen-BCAA is the Main Sports Medicine
Brokerage Accounts with First 10 Investments as Bond Funds and REITs
TAMMBRGC LIFESTYLE BRAND RACKET
Tennis (Trampoline)
Acting (Short Film Series: Aesthetic Taxi Game, Character: Expansive Mood Villain)
Modeling (Brand Activation Models)
Music (Psychedelic Festival Trap)
Ballet (Females Only)
Rings Gymnastics (Males Only)
Graffiti (Art)
Cooking (Endorsements)
LVMH-On Running and ONE Championship Collaboration Company For Tax Mergers Law; Market-extension merger: Two companies that sell the same products in different markets. 4.2.2 Corporate Taxation At the corporate level, the tax treatment of a merger or acquisition depends on whether the acquiring firm elects to treat the acquired firm as being absorbed into the parent with its tax attributes intact, or first being liquidated and then received in the form of its component assets.
What Is Vertical Integration? Vertical integration is a strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production process rather than relying on external contractors or suppliers. A company may achieve vertical integration by acquiring or establishing its own suppliers, manufacturers, distributors, or retail locations rather than outsourcing them. However, vertical integration may be considered risky potential disadvantages due to the significant initial capital investment required.
Analysis Discounted Cash Flow (DCF): A key valuation tool in M&A, a discounted cash flow (DFC) analysis determines a company's current value, according to its estimated future cash flows. Forecasted free cash flows (net income + depreciation/amortization (capital expenditures) change in working capital) are discounted to a present value using the company's weighted average cost of capital (WACC). Admittedly, DCF is tricky to get right, but few tools can rival this valuation method.
VŒUX DE CHAMPAGNE SOGNI CAVIALI
Description: Beta-arbitrage Mergers & Acquisitions Cartel that commits Mediterranean-Caribbean and Afro-Mediterranean Socioeconomic Status Development Conflict Prevention and Reconstruction (CPR) Unit Charities, Protection Racket, Paramilitary Financing, Lobbyist-Investment Trust, Commodities Management, Gambling & Diamond Trafficking, Rolex Re-sale Market, Real Estate Brokerage, Graffiti Art Port, Smurfing, Nike Sports & Fashion Corporate Espionage and Larceny Business Model Reengineering, and AMMMBRGC Contract Racketeering Through Enterprise Foundations
Activities: Executive Council for Mayor, Culinary Arts, Grey Market Fashion, Trap Shooting Gambling Tournaments, Mixed Martial Arts, Corporate Sponsor EdTech, Grocery Insurance & Electronic Financial Data Interchange, Diamond Encrusted Accessories Collaboration with LVMH, OTC Beta-arbitrage Branch Bracket, OTC Exchange (Commodities, Sports Betting Investment Trust, Real Estate Investment Trust, Cuisine Real Estate Investment Trust, Forex Pairs Contract for Difference, Retail/Hospitality Real Estate Investment Trust, Credit Swap Options Endorsement Index), TAMMBRGC Youtube Distribution Channel (Gambling News Network, Noir Short Film Series [Shakespearean Crime], Cooking Channel, Sports Resort Real Estate, Sports/Modelling/Acting Business Case Study Video Essay, Brand Activation Modelling, Calisthenics Workout Class, Sports Science Lessons, Graffiti Tourism, Music Videos, Natural Resources Documentaries, Hype Beast Re-Sale Market, Rolex Business Case Study Video Essays, Business Conferences).
DIAMOND TRAFFICKING
The WFDB Trade And Business Committee
The Trade and Business Committee makes recommendations to the Executive Committee concerning industry relations with financial institutions worldwide, lab-grown diamonds, Know Your Customer and the System of Warranties.
Idea 1: Luxury Goods Encrusted Items Investment Service and Auction. Example: Hermès Bag, Investment System: Masterworks, Auction System: Information Catwalks with models then bidding in a separate room with Video Replay for YouTube.
Idea 2: A sightholder is a company on the De Beers Global Sightholder Sales's (DBGSS) list of authorized bulk purchasers of rough diamonds. De Beers Group made this list, the second largest miner of diamonds. DBGSS was previously known as DTC (Diamond Trading Company). In May 2006, DTC released a list of the 93 sightholders on its website. High Fashion Accessories Aggregator Business Model with Auction and Re-sale.
Business Model
The London Metal Exchange (LME) which is based in Hong Kong is a commodities exchange that deals in metals futures and options. It is the largest exchange for options and futures contracts for base metals, which include aluminum, zinc, lead, copper, and nickel. The exchange also facilitates trading of precious metals like gold and silver.
Originally known as the Chicago Board Options Exchange (CBOE), the exchange changed its name in 2017 as part of a rebranding effort by its holding company, CBOE Global Markets. Traders refer to the exchange as the CBOE ("see-bo"). CBOE is also the originator of the CBOE Volatility Index (VIX), the most widely used and recognized proxy for market volatility.
ABC Exchange (Alumina, Beryllium, Carbon): There are four types of precious stones: diamonds, rubies, sapphires and emeralds. Each type has its own specific chemical and physical properties. Diamonds are made from carbon, rubies and sapphires from alumina and emeralds from beryllium.
Diamond Monopoly
What Is Vertical Integration? Vertical integration is a strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production process rather than relying on external contractors or suppliers. A company may achieve vertical integration by acquiring or establishing its own suppliers, manufacturers, distributors, or retail locations rather than outsourcing them. However, vertical integration may be considered risky potential disadvantages due to the significant initial capital investment required.
My Vertical Integration Mergers: Company’s Diamond Mines, Merger Manufacturers, Company’s Distribution, and Merger Hospitality and Gaming Diamond Exchange
The Diamond Standard
Influence: Agricultural Bank of China is active in commercial banking, investment banking, and insurance services.
Mercantilism was a form of economic nationalism that sought to increase the prosperity and power of a nation through restrictive trade practices. Its goal was to increase the supply of a state's gold and silver with exports rather than to deplete it through imports. It also sought to support domestic employment.
The bio-economy is defined as the economic activity associated with the invention, development, production; and use of primarily bio-based products, bio-based production processes, and/or biotechnology-based intellectual property.
Industries Association; Hospitality and Gaming: Daily and Monthly Revenue Streams, Capital Gains Taxing: Create Offshore revenue through trading and Blockchain is a volatile market for good liquidity. FOREX Vehicle Currency: Low Interest Rates means currency will be traded against other currencies, Shorting own currency to get foreign currency and exchanging returns to domestic currency stabilize exchange rate and Currency Basket
Interest Rate Pegging: Environmental alternative to gold, Surplus item during Quantitative Easing, and Low Interest Rates lead to spending and loans for investment which means buying and trading diamonds will balloon
Mine Options: Credit spreads and debit spreads are different spread strategies that can be used when investing in options. Both are vertical spreads or positions that are made up entirely of calls or entirely of puts with long and short options at different strikes. They both require buying and selling options (with the same security) with the same expiration date but different strike prices.
Diamond Mine Investment Group: Mines can create private Investment Groups. Items within Group: diamond retail, diamond trading, industrial diamond manufacturing sectors
Lab-created diamonds are grown in controlled laboratory environments using advanced technology that replicates the conditions under which diamonds naturally develop beneath the Earth's crust. These lab-grown diamonds consist almost entirely of carbon atoms and are arranged in a diamond crystal structure.
Fougère INVESTMENT TRUST (EXAMPLE)
Description
Fougère Listing Through Discounted Cash Flow for Fougère Agriculture Investment Trust; Pay a minimum of 90% of taxable income in the form of shareholder dividends each year, and Give Sample Bottles to Each Investor.
Underwriting Products Value $200
Formula Appreciating In Value
Collector's Edition
Less than 5000 models made
Masterwork Investing Platform (reference)
Masterworks is making the world of art a little less exclusive by offering everyday investors the chance to own a fraction of these high-priced investments with a much smaller amount of money.
Through the fine art investing platform, users can purchase (and trade) shares in what the company has defined as "blue-chip" art: masterpieces from artists like Pablo Picasso, Claude Monet, Andy Warhol, Banksy, Kaws, Jean-Michel Basquiat and more.
How Masterworks functions (reference)
Masterworks provides an affordable way to invest in art. What was once an option reserved exclusively for wealthy investors is now accessible to investors of all types. Here's how the platform works:
Masterworks will purchase a painting and file it with the SEC as a public offering, or IPO, similar to how a company goes public. Shares of the painting are then made available for purchase on the Masterworks website for as little as $20 per share. The company says it launches about one new painting every four to five days.
The platform stands out, especially for using propriety data to determine which artist markets have the most momentum, focusing on the very high-end segment of the art market that has predictable returns, the company says. Meanwhile, its research team works in the background to calculate appreciation rates, correlation, and loss rates.
Masterworks even recently added a secondary market, too, where investors can trade shares in paintings. Plus, Masterworks lets you invest your IRA earnings into their fine art through its partnership with Alto IRA, an alternative asset investing platform.
Industrial Embassy
Business Model: Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves pooling risk from individual payers and redistributing it across a larger portfolio. Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets. Like all private businesses, insurance companies try to market effectively and minimize administrative costs. Types of Insurance: Mining, Manufacturing, Retail, Logistics
Financing is the process of providing funds for business activities, making purchases, or investing. Financial institutions, such as banks, are in the business of providing capital to businesses, consumers, and investors to help them achieve their goals. The use of financing is vital in any economic system, as it allows companies to purchase products out of their immediate reach. Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash. Advantages of Equity Financing; Funding your business through investors has several advantages, including the following: The biggest advantage is that you do not have to pay back the money. If your business enters bankruptcy, your investor or investors are not creditors. They are part-owners in your company, and because of that, their money is lost along with your company. You do not have to make monthly payments, so there is often more cash on hand for operating expenses. Investors understand that it takes time to build a business. You will get the money you need without the pressure of having to see your product or business thriving within a short amount of time.
Planning Permission and Building Regulations Courses: Planning permission assesses whether the development fits in with local and national policies and whether it would cause unacceptable harm, for example, to neighbours' quality of life. Whereas building control covers the structural aspects of development and progress throughout the construction
AFRO-MEDITERRANEAN PARAMILITARY FINANCING
Military Payments
Security Operations (SercOps) Payment: $150,000 yearly salary: Receives $100,000 salary; the other $50,000 is used for a branch-managed investment portfolio and investment trust
Discharge Payment: $75,000 yearly salary for Armoured Car Guard and Driver, Receives $50,000 salary; other $25,000 is used for branch-managed investment portfolio and investment trust
Military Funding: Bioeconomy Agriculture Central Hedge Fund Equity Given
Payment is in Fixed Currency
AFRO-MEDITERRANEAN SOCIOECONOMIC STATUS DEVELOPMENT CONFLICT PREVENTION AND RECONSTRUCTION (CPR) UNIT CENTERS
Corporate Sponsor: M & A Schools (Mergers and Acquisitions) & Retirement-preparatory School
Cross-Curriculum
STEM education is the cross-curricular study of science, technology, engineering, and mathematics, and the application of those subjects in real-world contexts.
Studying Style
I use Interleaving Studying for Generalist Kinaesthetic Learners.
Transition to Interleaving Studying: Online PowerPoint Presentation, Video Essays, Case Studies & Meta-analyses over Books to present Information as a country, Less Paper Use, Courses on Different PowerPoint Studying Styles, Make country a Business & Finance Culture and Technological Advanced, Overview at Beginning; Program Learning Concept Check During Quizzes at the End for Courses, Spaced Learning on concept checks before exiting the course.
A great example of when to use interleaving is sports, for instance, tennis. Instead of just practicing backhands in one session, you can interleave backhands, forehands, and volleys to get increased results. Another great example can be found in science classes, where interleaving math, physics, and chemistry, for example, can provide you with an advanced understanding of all 3 fields.
Spaced learning is a learning method in which highly condensed learning content is repeated three times, with two 10-minute breaks during which distractor activities such as physical activities are performed by the students. It is based on the temporal pattern of stimuli for creating long-term memories reported by R. Douglas Fields in Scientific American in 2005.
Spacing boosts learning by spreading lessons and retrieval opportunities out over time so learning is not crammed all at once. By returning to content every so often, students' knowledge has had time to rest and be refreshed.
The two concepts are similar but essentially spacing is revision throughout the course, whereas interleaving is switching between ideas while you study. Although interleaving and spacing are different interventions, the two are linked because interleaving inherently introduces spacing. These two concepts will create student-athletes
The best part about interleaving is that it is almost a universal aid in learning
Evidence suggests that spaced practice is more effective for long-term retrieval.
Interleaving Studying forces the brain to continually retrieve because each practice attempt is different from the last, so rote responses pulled from short-term memory won’t work.
Multiple choice test is an example of measuring retrieval by A. reconstruction. B. recognition.
Chess
Increasing Intelligence: Fluid and crystallized intelligence are constructs originally conceptualized by Raymond Cattell. The concepts of fluid and crystallized intelligence were further developed by Cattell and his former student John L. Horn. Crystallized intelligence. This refers to your vocabulary, knowledge, and skills. Crystallized intelligence typically increases as you get older. Fluid intelligence, also known as fluid reasoning, fluid intelligence is your ability to reason and think abstractly. Fluid intelligence refers to basic processes of reasoning and other mental activities that depend only minimally on prior learning (such as formal and informal education) and acculturation. Horn notes that it is formless, and can "flow into" a wide variety of cognitive activities Tasks measuring fluid reasoning require the ability to solve abstract reasoning problems. Examples of tasks that measure fluid intelligence include figure classifications, figural analyses, number and letter series, matrices, and paired associates. Crystallized intelligence refers to learned procedures and knowledge. It reflects the effects of experience and acculturation. Horn notes that crystallized ability is a "precipitate out of experience," resulting from the prior application of fluid ability that has been combined with the intelligence of culture. Examples of tasks that measure crystallized intelligence are vocabulary, general information, abstract word analogies, and the mechanics of language.
Bullet Chess: The rules for bullet chess aren't different from those of a regular chess game. Bullet chess refers to games played with time controls that are faster than 3 minutes per player. The most popular forms of bullet chess are 1|0 (one minute with no increment per player) or 2|1 (two minutes with a one-second increment per player). Increment (also known as bonus and Fischer since former World Chess Champion Bobby Fischer patented this timing method)—a specified amount of time is added to the players main time each move, unless the player's main time ran out before they completed their move.
Chess Benefits: It has been suggested by different scientists that chess involves, and possibly boosts, cognitive abilities such as working memory, fluid intelligence, and concentration capacity. Besides, chess may be beneficial for mathematical ability and, more widely, academic achievement by enhancing concentration and problem-solving skills.
Life-History Strategy
Life history theory posits that behavioral adaptation to various environmental (ecological and/or social) conditions encountered during childhood is regulated by a wide variety of different traits resulting in various behavioral strategies. Unpredictable and harsh conditions tend to produce fast life history strategies, characterized by early maturation, a higher number of sexual partners to whom one is less attached, and less parenting of offspring. Unpredictability and harshness not only affects dispositional social and emotional functioning, but may also promote the development of personality traits linked to higher rates of instability in social relationships or more self-interested behavior. Similarly, detrimental childhood experiences, such as poor parental care or high parent-child conflict, affect personality development and may create a more distrustful, malicious interpersonal style. The aim of this brief review is to survey and summarize findings on the impact of negative early-life experiences on the development of personality and fast life history strategies. By demonstrating that there are parallels in adaptations to adversity in these two domains, we hope to lend weight to current and future attempts to provide a comprehensive insight of personality traits and functions at the ultimate and proximate levels.
The Savant Skills Curriculum
Savant gifts, or splinter skills, may be exhibited in the following skill areas or domains: memory, hyperlexia (ie, the exceptional ability to read, spell and write), art, music, mechanical or spatial skill, calendar calculation, mathematical calculation, sensory sensitivity, athletic performance, and computer ability. These skills may be remarkable in contrast to the disability of autism, or may be in fact prodigious when viewed in relation to the non-disabled person.
Learning Centers
Enrichment centers require you to be aware of your students' learning styles (Kinesthetic) as well as their knowledge about a topic. The enrichment center can provide individual students with varied activities or combination of activities that differ from those pursued by other students. As such, the center becomes an individualized approach to the promotion of the topic.
Skill Centers Skill centers are typically used at the elementary level, more so than at the secondary level. Students may work on math facts, phonics elements, or other tasks requiring memorization and/or repetition.
Interest and Exploratory Centers: Interest and exploratory centers differ from enrichment and skill development centers in that they are designed to capitalize on the interests of students. They may not necessarily match the content of the textbook or the curriculum; instead they provide students with hands-on experiences they can pursue at their own pace and level of curiosity. These types of centers can be set up throughout the classroom, with students engaging in their own selection of activities during free time, upon arrival in the morning, as a “free-choice” activity during the day, or just prior to dismissal. These centers allow students to engage in meaningful discoveries that match their individual interests.
Programmed Learning
The way a teaching machine works is: It asks you a question. If you give the right answer, it goes on to the next question. If you give the wrong answer, it tells you why the answer is wrong and tells you to go back and try again. This is called "programmed learning".
Programmed learning, educational technique characterized by self-paced, self-administered instruction presented in logical sequence and with much repetition of concepts. Programmed learning received its major impetus from the work done in the mid-1950s by the American behavioral psychologist B.F.
Exploratory Learning (Singapore Field Trips)
The Choice Theory Culture:
Is an expected way of being or living
Encourages positive choices which lead to healthy relationships
Is relationship based and collaborative
Is not about controlling behavior, rather promoting personal responsibility
Carol Dweck's Growth Mindset Theory
Growth Mindset: “In a growth mindset, people believe that their most basic abilities can be developed through dedication and hard work—brains and talent are just the starting point. This view creates a love of learning and a resilience that is essential for great accomplishment. With a growth mindset, students continually work to improve their skills, leading to greater growth and ultimately, success. The key is to get students to tune into that growth mindset.
Dweck writes, “In the fixed mindset, everything is about the outcome. If you fail—or if you’re not the best—it’s all been wasted. The growth mindset allows people to value what they’re doing regardless of the outcome. They’re tackling problems, charting new courses, working on important issues. Maybe they haven’t found the cure for cancer, but the search was deeply meaningful,” (Dweck, 2015).
Poker as Intro to Portfolio Building
Famous Fund Managers who played Poker
Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Capital Advisors, both based in Stamford, Connecticut. Cohen grew up in Great Neck, New York, where his father was a dress manufacturer in Manhattan's garment district, and his mother was a piano teacher. He is the third of seven brothers and sisters. He took a liking to poker as a high school student, often betting his own money in tournaments, and credits the game with teaching him "how to take risks." Cohen graduated from John L. Miller Great Neck North High School in 1974, where he played on the school's soccer team. Cohen received an economics degree from the Wharton School at the University of Pennsylvania in 1978. While in school, Cohen was initiated as a brother of Zeta Beta Tau fraternity's Theta chapter where he served as treasurer. While in school, a friend helped him open a brokerage account with $1,000 of his tuition money.
Carl Icahn is one of the most recognisable and successful investors in the world, having far outperformed the market on an annualised basis since 1968; at a rate which, by some measures, has him ahead of Warren Buffett. Carl Icahn was born on the 16th February 1936 in Queens, New York. It was a beach neighbourhood and a poor area. His mother was a pianist, but dropped her dreams of pursuing it as a career and instead chose a more stable job as a school teacher. His father also became a substitute teacher. As you may expect with both parents involved in education, Carl was extremely studious. At high school, he didn’t involve himself in many activities such as sports and clubs, instead he had set himself the big goal of making it to an Ivy League university; something most people in his area had no chance of doing. His teacher didn’t even think it was worth him applying, but this made him even more determined to be different. He had a mind-set that he wanted to be the best at everything. Icahn’s parents said they would only pay for university if he got into one of the top Ivy League universities. Although no one thought he stood a chance, he managed to enrol at Princeton University and studied philosophy as his major. His parents fulfilled their promise and paid for his Princeton fees but couldn’t stretch to anything else such as his accommodation or food. Instead, Carl got himself a summer job at a Cabana club in his neighbourhood to fund his living costs. It was at the Cabana club that he learnt how to play poker and joined in the games regularly. He says at the start he didn’t know how to play, but then he read 3 poker books in 2 weeks and became the best player there, taking home huge winning each summer. He says: “To me, it was a big game, big stakes. Every summer I won about $2,000, which was like $50,000 back in the ‘50s”
Brain Training: How Regular Poker Play Could Help Soccer Stars Succeed: An athlete’s brain is their most vital organ. It controls how the body functions, and it needs to be cultivated and disciplined just like the muscles do. Those in the industry are constantly searching for new ways to help soccer players get their heads in the game, and it turns out that poker can help immensely. By sharpening cognitive function, increasing social awareness, and improving mental endurance, poker enables athletes to rise to the occasion for peak performance on the field.
Conflict Prevention & Reconstruction Unit Psychology
Reintegration of child soldiers should emphasize three components: family reunification, psychosocial support and education, and economic opportunity. Family reunification—or, where that is not possible, foster placement or support for independent living—is crucial to successful reintegration.
Children are reintegrated into community life through the provision of psychosocial support, life skills classes and basic vocational training. At the end of the program, participants are provided with small grants to start businesses.
Post-traumatic growth (PTG) is a theory that explains this kind of transformation following trauma. It was developed by psychologists Richard Tedeschi, PhD, and Lawrence Calhoun, PhD, in the mid-1990s, and holds that people who endure psychological struggle following adversity can often see positive growth afterward. Post-traumatic growth often happens naturally, Tedeschi says, but it can be facilitated in five ways: through education (rethinking ourselves, our world, and our future), emotional regulation (managing our negative emotions and reflecting on successes and possibilities), disclosure (articulating what is happening and its effects), narrative development (shaping the story of a trauma and deriving hope from famous stories of crucible leadership), and service (finding work that benefits others).
People who have experienced posttraumatic growth report changes in the following 5 factors: Appreciation of life; Relating to others; Personal strength; New possibilities; and Spiritual, existential or philosophical changes
Although posttraumatic growth often happens naturally, without psychotherapy or other formal intervention, it can be facilitated in five ways: through education, emotional regulation, disclosure, narrative development, and service.
Forgeard found that the form of cognitive processing was critical in explaining growth after trauma. Intrusive forms of rumination caused a decline in multiple areas of growth, whereas deliberate rumination led to an increase in five domains of posttraumatic growth. Deliberate rumination involves perceiving multilateral sides of the stressful experience including value, meaning, and significance (Calhoun et al., 2000; Cann et al., 2011), and may also decrease the discrepancy between global and situational meanings, as it promote finding meaning. Trauma-focused cognitive behavioral therapy (TF-CBT) & Compassion-focused therapy (CFT) is a recommended psychotherapy
The two psychological traits which indicate a higher likelihood of experiencing post-traumatic growth are openness to experience and extraversion. Novelty seeking is positively associated with the Big Five personality trait of "extraversion," and to a lesser extent “openness to experience,” but is inversely associated with "conscientiousness." Online poker players are high sensation seekers who gamble to experience strong feelings and arousal, whereas impulsivity plays an important role in developing and maintaining pathological gambling.
CORPORATE SPONSOR: BETA-ARBITRAGE M & A EXAM
Poker Contest: Bankroll Budget*
Math Contest: Linear Algebra Contest, Probability and Ratios
Investment Management Contest: Decentralized Portfolio Building Simulation
Latin and Mandarin Technical Analysis Settings Fair: Year-Long Competition
Blues Ocean Strategy Game Theory Network Mergers & Acquisitions Contest: Macau Game Theory - The course includes modules in areas such as: Essentials of M&A, Due diligence training, Business valuation training, post-merger integration planning
Machine Learning Contest: Quantitative Aptitude
Winners Get a Full Ride to Internships (Licenes Courses I'm Gonna Make with Established Schools and Banks) Freshman Class is made of the contest winners: Mergers & Acquisitions Generalization with Corporate Sponsor; Understanding Capital Markets, Game Theory, Investment Model & Analysis, Quantitative Aptitude, Hedging Techniques, Foreign Language, Business Engineering, Business Models & Reengineering, Offshore Law, Blue Ocean Strategy, Investment Management with Python (Machine Learning)
Ages: 10, 12, 14, 17, 18, 20
SOCIOECONOMIC STATUS DEVELOPMENT CENTRES
Socioeconomic status is the social standing or class of an individual or group. It is often measured as a combination of education, income, and occupation.
EdTech
Business Model: Grants, corporate sponsorships, and recruiting business FutureLearn is another MOOC heavyweight with 210+ partners that include universities, humanitarian foundations, and large businesses. Some startups even rely on corporate sponsorship as their main business model
Generalist Education
TAMMBRGC: Tennis, Acting, Modelling, Music, Ballet (Female), Rings Gymnastics (Male), Graffiti (Art), Cooking (Gastronomy)
STEM: Science, Technology, Engineering, Mathematics
M&A: Merger, Acquisitions
Welfare Investment Program
Fund through Rental Properties: Bond Funds, REITs
Credit Building Program: Line of Credit Deposit Program
Job Placement for Agriculture Working Class
Agricultural Industry means an industrial activity involving the processing, cleaning, packing or storage of the results from agricultural production. The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also "Designation of workers by collar colour") include blue-collar jobs, and most pink-collar jobs. Members of the working class rely exclusively upon earnings from wage labour; thus, according to more inclusive definitions, the category can include almost all of the working population of industrialized economies, as well as those employed in the urban areas (cities, towns, villages) of non-industrialized economies or in the rural workforce.
As with many terms describing social class, working class is defined and used in many different ways. The most general definition, used by many socialists, is that the working class includes all those who have nothing to sell but their labour. These people used to be referred to as the proletariat. In that sense, the working class today includes both white and blue-collar workers, manual and menial workers of all types, excluding only individuals who derive their livelihood from business ownership and the labour of others. The term, which is primarily used to evoke images of laborers suffering "class disadvantage in spite of their individual effort," can also have racial connotations. These racial connotations imply diverse themes of poverty that imply whether one is deserving of aid.
COMMODITIES REAL ESTATE
Insurance Premium, Financial Electronic Data Interchange, Royalties, Lease, & Gross Sale Payments for Restaurant Clientele/Cook Book Meal Delivery Grocery Stores and Delivery Food Courts:
A lease payment is the equivalent of the monthly rent, which is formally dictated under a contract between two parties, granting one participant the legal right to use the other individual's real estate holdings, manufacturing equipment, computers, software, or other fixed assets, for a specified amount of time.
Gross sales refer to the grand total of all sales transactions over a given time period. This doesn't include the cost-of-sales or deductions (like returns or allowance). To calculate a company's gross sales, add up the total sales revenue for a specified period of time—monthly, quarterly, or annually.
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Royalties are the amount someone pays you to use your property after you subtract the expenses you have for the property.
(My Name) Macaroni Au Gratin; Pot Roux: Soy Flour and Garlic-Basil Goat Butter, Cheese Sauce: Broccoli, Spinach, Seasoned Sundried Tomato, Sweet Onion, Goat Milk Kefit, Multi-Mix Cheese (Goat Brie-Aged Goat Gouda-Nababbo), Pumpkin Seeds; Stove Pasta: Soy Rigatoni; And Oven Crust Well Done: Diced Onion Aged Parmesan Panko-Chia Seed; How To Eat: Eat Rigatoni and Save Veggies For Left Over Roux
Goat Milk Kefir & Honey-Caramel Tofu Iced Espresso
Coconut Bowl Soy Sauce Fried Rice
Soy Cookies-Ice Goat Milk Vanilla Bean Kefir Sandwich
Specifically, goat butter contains plenty of fat-soluble vitamins, among which the most important vitamins are A, E and especially K2. Goat milk kefir presents a better-to-assimilate calcium for our bodies. This is because of the Vitamin K2. Vitamin K2 helps assimilate calcium. Bacterial fermentation (which happens in making kefir) produces vitamin K2.
CONFLUENCE FOREX & COMMODITIES BETA-ARBITRAGE FORMULA
Trading Psychology: Play Defense, Focus on preserving capital instead of gaining capital
Position Trading: Currency being used, Shorting Low-Interest Currency against High-Value Currency Or Currency Being used, Shorting Low Interest/High-Value Currency against High-Interest Currency. Examples: Carry-Roll Down Bonds, CFD Forex Gold
Swing Trading: Use mt4/mt5 With Heiken Ashi Charts, Setting at 14 or 21 Momentum Indicator above 0 as Divergence Oscillator and VSA as Reversal Oscillator and Trade when bullish candlesticks above 200 exponential moving average and/or 20 exponential moving average (EMA) on H1 (Hourly) Time Frame; use H4 (4 Hours) and D1 (1 Day) as reference. Works for Oil & Gold Commodities
Master Supply and Demand (S&D) Zones (banks use this)
Candlestick Patterns for Momentum: Bearish Engulfing, Hanging Man, Shooting Star Three Crows, Evening Star, (Short). Bullish Engulfing, The Bearish Inverted Hammer or Regular Hammer (Regardless of Colour), Morning Star, and Piercing Line (Long) are extremely Important
Candlestick Patterns for VSA When Volume Spikes Down and Price is Up Bearish: Shooting Star, Doji, Hanging Man, Doji-Star
Candlestick Patterns for VSA When Volume Spikes Up and Price is Down Bullish: Hammer, Inverted Hammer, Doji, Doji-Star
S&D Reversal Patterns: The Drop-Base-Rally is a bullish reversal pattern, The Rally-Base-Drop is a bearish reversal pattern
S&D Continuation patterns: The Rally-Base-Rally is a bullish continuation pattern, The Drop-Base-Rally is a bearish continuation pattern
Swing Trading Time Frame H1 (Hourly) Reference D1 and H4 to locate supply and demand zones Pivot Points and VSA
Heiken Ashi Candlesticks Much easier to read candlestick charts and analyze market trends
Using Pivot Points for Prediction A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames Works for commodities
Exponential Moving Average (EMA) 200 Day 20 Day
Momentum Indicator Settings 14 or 21
Volume Spread Analysis (VSA Trading) Entry 4 Steps: Identify the trend, Identify the sign of weakness in an existing uptrend, Wait to test the weakness for confirmation for the continuation of the uptrend, Look for any bullish reversal candlestick pattern for entry.
Relative Strength Index (RSI) Relative Strength Index (RSI) is a momentum indicator. It is a single line ranging from 0 to 100 which indicates when the stock is overbought or oversold in the market. If the reading is above 70, it indicates an overbought market and if the reading is below 30, it is an oversold market. RSI is also used to estimate the trend of the market, if RSI is above 50, the market is an uptrend and if the RSI is below 50, the market is a downtrend.
Commodity Channel Index Commodity Channel Index identifies new trends in the market. It has values of 0, +100, and -100. If the value is positive, it indicates uptrend, if the CCI is negative, it indicates that the market is in the downtrend. CCI is coupled with RSI to obtain information about overbought and oversold stocks.
What is Cash-and-Carry-Arbitrage? Cash-and-carry-arbitrage is a market-neutral strategy combining the purchase of a long position in an asset such as a stock or commodity, and the sale (short) of a position in a futures contract on that same underlying asset. A cash-secured put is an income options strategy that involves writing a put option on a stock or ETF and simultaneously putting aside the capital to buy the stock if you are assigned.
What are Gold CFD? A contract for difference (CFD) is a popular type of derivative that allows you to trade on margin, providing you with greater exposure to the gold market. Instead of purchasing gold itself, you buy or sell units for a given financial instrument depending on whether you think the underlying price will rise or fall.
What is Quanto Option? The Quanto option is a cash-settled, cross-currency derivative in which the underlying asset has a payoff in one country, but the payoff is converted to another currency in which the option is settled.
Hedging Strategies: Forex and Commodities CFD, Crude Oil Cash-secured Put Options (Binary Options)
DAILY FANTASY SPORTS CONTEST TURF ACCOUNTANT
Beta-Arbitrage Parlay and Single Bets (PROFITS FOR BOOKMAKER)
+EV DCF Round Robin (Investment)
Live Betting Options Trading (Balance Sheets)
Draft Kings is My Influence
Global Sports Betting Market Will Reach USD 155.49 Billion By 2024: Zion Market Research
MY BOOKIE LIVE BETTING TRADEMARK
The Ladder
Modeled Off Of Shout Options, A shout option allows the holder to lock in a certain amount in profit while retaining future upside potential on the position. Multi-Leg Options, Multi-leg option strategies involve using two or more options in a single strategy and order. Leverage, leverage is any technique involving borrowing funds to buy things, hoping that future profits will be many times more than the cost of borrowing.
Bettor places a wage on an Over Base Amount. Multi-leg Upsides are met with discounted live betting that has full value. If the live bet isn't met the bettor loses the upside wager.
Helps with balance sheets
BRANCH BRACKET DISCOUNTED CASH FLOW PORTFOLIO BET SLIP
+EV Round Robin instead of WACC Portfolio
$5 Units
GAME THEORY OPTIMAL POKER WITH LOOSE AGGRESSIVE & GROWTH INVESTING
Growth Investing Strategy & Game Theory
Japanese Candlestick Charts: Bullish Engulfing
Discounted Cash Flow Model: EV (Expected Value replaces WACC)
Mixed Strategy
Fold Equity
Community Cards
Companies Charts and Historical Financials
Royal Flush
Straight Flush
4 of a Kind
Full House
Flush
Hands
FCF of Companies
Strategy
Every chart starts with a green candlestick
Depending on your hand the second candlestick is either green or red
Green for the top 5 hands: Listed above
Red for the bottom 5 hands
If it's green invest by betting
If it's red fold
The third candlestick depends on the Flop
The fourth candlestick depends on The Turn
As more money gets betted the Green candlestick gets larger
After The Flop risk-assessment and probability needs to be accounted for
After The Flop, The Turn, and The River it is possible for a red candlestick to appear because of a fold or a better hand because you lost money. Judge how much money you lost by the size of the candlesticks growth
Tony Dunst Tips
Learn to think in Big Blinds, Opponents are Effective Big Blinds
Identify Player Types then Adjust
Study Big Blind Defense Frequency (Hand Ranges)
Work on Bubble and Final Table Play (Independent Chip Model)
Build 3 Betting Ranges
AFRO-MEDITERRANEAN SOCIOECONOMIC STATUS & TENNIS SPORTS PERFORMANCE FOR KINAESTHETIC LEARNERS
Tennis Physiological Age System for Both Genders: Plyometric High-Intensity Interval Training Through Cross Training, Wingspan Through Cross Training, Unstable Surface Muscle Recruitment Contrast Training, Isometric-Plyometric-Sprint-or-Vertical Jump Contrast Conditioning, Intermittent Hypoxic Training (IHT) Weighted Jump Rope Respiratory Conditioning, Functional Threshold Power (FTP) Cycling, Fascia and Central Pattern Generator Skill Development, Stretch-Reflex Elastic Strength Training, Running-Based Anaerobic Sprint Test (RAST), Stimulus-Fatigue-Recovery-Adaptation for Supercompensation, Autophagy Recovery, High Fat and High Carb with Lipolysis Supplement Nutrition: 3 Fuels of Energy in Oxygen, Fat, and Glucose, Convert Hybrid Muscle Fibers
Stretch Goal of Having a Physiological Age of 25
Volleyball is an aerobic sport with additional anaerobic demands. This will require volleyball players to work both energy systems, making cardiorespiratory conditioning very important. The aerobic, or lower intensity training, will help build a strong cardio base that is needed for a long match. A study done on college athletes showed that gymnasts and volleyball players had significantly higher bone mineral density than swimmers, which is considered a low-impact sport.
Collagen Athletes: Researchers found that a year of daily collagen peptides supplementation measurably increased bone mineral density in the lumbar spine and in the upper femur. The women also had higher levels of a blood biomarker that indicates bone formation. Collagen provides resistance to tension and stretch, which commonly occur in fascial tissues, such as ligaments, tendons, sheaths, muscular fascia and deeper fascial sub-layers. Julio Jones and Cam Newton do Fascia Beach Workouts https://www.youtube.com/watch?v=Unm5dvlcqL4
Anta Sports Fashion Collab Circuits (Graffiti Fashion Week and Trade Show): Key City Tournaments
Planned Pregnancy: Mercury-Venus Cusp, MSTN Gene, ACTN3 Gene, and XYY Syndrome or Triple X Syndrome
TENNIS POSITION
A Baseliner plays from the back of the tennis court, around/behind/within the baseline, preferring to hit groundstrokes, thereby allowing themselves more time to react to their opponent's shots, rather than to come up to the net (except in certain situations).
WORKOUT SPLITS
Upper/Lower-Offense/Defense, Upper/Lower-Defense/Offense
SUISSE CONTRAST SUPERSETS TRAINING
Wall Sit-Low Split Step/Squat Jack Weighted Jump Rope 10 sec:50 Reps
Tendon stiffness may influence the Rate Force of Development by affecting the time lag between muscle activation and muscle force production. For example, Waugh et al showed that the electromechanical delay was inversely correlated with tendon stiffness, while RFD was positively correlated to stiffness[8]. That study also found that tendon stiffness accounts for 35% of RFD variability in children. Plyometric and isometric training are commonly studied for their effects on musculotendinous stiffness. https://www.sportsmith.co/articles/combining-plyometrics-and-isometric-training-to-improve-tendon-stiffness-and-performance/#:~:text=Plyometric%20training%20is%20effective%20in,effective%20in%20improving%20tendon%20stiffness.
Pre-workout Supplement Hydrolyzed Collagen-BCAA to Build Fascia.
Fascia-Elastic Force Defensive Stance HIIT Isometric-Plyometric & Isometric-Mobility Acompany's Defensive Workout. Sauna Suits (Full Body), Gymnastic Rings (Upper Body), Battle Ropes (Upper Body), Med Ball (Core), Tennis [Resistance] Bands {Replaces Punching Bags} (Full Body), Sledgehammer (Ful Body), Weighted Vest (Full Body), and Weighted Jump Rope (Full Body). Keto BHB & Hydrolyzed Collagen HA Acid BCAA is Pre-Workout and Hydrolyzed Collagen HA Acid mTAA is Post Workout Supplement. This Will Be Known as Traditional Tennis Training and referred to as Tennis Physique.
TENNIS PSYCHOLOGY
Self ONE is the Organizer, Self TWO is the Doer
Initiative in a chess position belongs to the player who can make threats that cannot be ignored, thus putting the opponent in the position of having to spend turns responding to threats rather than creating new threats.
In chess, prophylaxis consists of a move or series of moves done by a player to prevent their opponent from taking some action. Such preventative moves, or prophylactic moves, aim not only to improve one's position but also to restrict the opponent in improving their own.
In chess, someone who is considered to be "losing", "has a worse position" or has a more "passive position" is going to try to stir up some trouble for the opponent.
RACKET POCKET DRILLS
Racket Pocket Check Position: Scapular Pinch, Palm Down; 2 Step Right-Left Priming Footwork showing the Bottom of the Shoe to Load Hips (Reverse for Backhand) [Chop Feet to get on Back Foot to Set Up Priming Footwork]): Back Hip Quick-Chest Safe (Shoulder Angle Side Arm), Power-Slice (Trophy Pose Knob Cast)
Creep Drill: Adjust the Tennis Ball Machine as Fast as Possible. Start From a Normal Distance and after Succesfull Contact Move Closer. When Speed Is Too Difficult, Do the Same Thing From That Spot Backwards.
Return Adjustability: Use 3 different colored balls. One represents a slow runner the other is a medium runner/well-hit ball and the third is a fast runner. The Central Pattern Generator is also neuroplastic. That is, the timing, sequence, and control of your movement patterns can be changed, refined, and perfected but this takes time. 75% intensity for 2-4 weeks
TENNIS TRACKING DEFENSE
Court Cutting:
Ball Tracking: Use a combination of “soft focus”, transition to “hard focus” and gentle “pursuit movement” to track each and every target. Start in a Dorsiflexion Tall Athletic Position, Shift Hips to an x not +, and Run a Route to a Spot to receive the Shot.
How to Attack the Ball: One-handed Striking (Make a Check Mark with Base and Racket Pocket as Check) Before the Contact Point, Keep Racket Arm Straight While Running, and Make Contact with the Ball in Front of Body. Generate momentum toward Bound Lines Before Making Contact Ball.
TENNIS SPIRAL STRIKES
Racket Pocket (Check Position): Back Hip Quick or Chest Safe (Shoulder Angle)
Scapular Pinch with Palm Down, 2 Step Right-Left Priming Footwork showing the Bottom of the Shoe to Load Hips (Reverse for Baackhand) [Chop Feet to get on Back Foot to Set Up Priming Footwork], Glute Pull, and Tricep Extension with Wrist Pronation or Supination. Flex Core Rotation from Rest to* Movement
SWEET SPOT CONTACT
Choke Up On Racket, Catch Ball In Sidearm Pronation/Supination Throwing Method, Racket Sweet Spot Is Extension Of Hand.
SPORTS INTERNATIONAL REPRESENTATION
Citizenship By Investment Mercantilism Program: Enterprise Foundations; Hospitality-Gaming Agriculture Vertical Integration & Real Estate, Offshore Biotechnology Holdings Company Investment Trust
HSBC/UBS TENNIS PURSE/HEIGHT CLASS SYSTEM SEMI-PRO LEAGUE
A remodeling of national tournament circuits for Business Purposes and the path to Turing Pro or International shows and tournaments, Mediterranean Games, and ultimately the Olympics. Rugby Union Influence Variants Rugby union has spawned several variants of the full-contact, 15-a-side game. The two most common differences in adapted versions are fewer players and reduced player contact. I added a Car Purse System; People are Investing in Car Shows. The Human System has 12 Systems, and a Car has 8. BE THE BUGATTI.
Starter Kit
10 Uniform Kits, 3 Pairs of Shoes, a Racket, a Tennis Ball Case, and a Defense Workout Bundle
Qualification
50 Wins, 13 Years Old Minimum
Development
Fascia Hybrid Fibre Type Bone Density Training: Isometric-Contrast Training, Jump Rope As Main Cardio, Calisthenics Dynamic Effort Method, Joint Preparation Exercises, Elastic Force-Stretch Shortening Cycle Tennis (Resistance) Bands, Straight Arm Exercises, and Tennis-Volleyball
Residency
1-year residency to simulate Olympic/School Lifestyle
Campus
Tennis-focused Campus: Medical Center, Tennisology Sports Science Building, Commodities Corporate Finance Building, Cafeteria, Fitness Center, Training Space, and Business Meetings Plaza
Education
Financial Times Triad: Psychology Sessions
Polgár Experiment: Operant Conditioning, Learning Centers, Programmed Learning
Monthly Tournament & Venues
Purse Qualifiers: This term refers to the amount of money, agreed upon before the fight, that each fighter is to be paid for completing the fight. The amount of money to be paid to each fighter can be different and can include different clauses. For example, one fighter may be entitled to a certain percentage of the pay-per-view revenue that the event may generate. Purse-Gambling: Beta-Arbitrage, DCF +EV, Live Betting Options Trading
Tournament Style Round Robin: Financial Incentives for Top 4 Finishers
Venue Location: Financial District
Membership
After residency tennis players go back to camps with experience but are now members
Members are invited to all tournaments
Tournament Spectator Invitation
Corporations
Real Estate Expos
ATP or WTA Tournament Host
Oligopolistic Banks
Scholarships
Any non-playing ESTJ personality receives a full scholarship to Tennis Gardens and an Inside track to Agri STEM & Mergers and Acquisitions Finance Hiring
ESTJ Personality is the Executive Personality
ESTJs typically thrive in leadership roles, and they have a reputation as reliable, highly organized entrepreneurs who love logic-driven policies and procedures. Sometimes referred to as The Executive, the ESTJ personality type includes natural-born leaders with the skills and work ethic required to succeed.
Business Engineering (Macroeconomics And Tribes Social Organism For Microeconomics Marketing)
Free To Play (F2P) Mean? Free to play (F2P) refers to a business model for online games in which the game designers do not charge the user or player in order to join the game. Instead, they hope to bring in revenue from advertisements or in-game sales, such as payment for upgrades, special abilities, special items, and expansion packs.
In a franchained business model (a short-term chain, long-term franchise), the company deliberately launched its operations by keeping tight ownership on the main assets, while those are established, thus choosing a chain model. Once operations are running and established, the company divests its ownership and opts instead for a franchising model.
**A Blue Sea strategy instead tries to redefine value, not for a whole market, but only for a small group of people craving for that value to be provided.
The aggregator business model is basically a network notion that connects a big number of unorganized merchants to a single major site with a unique corporate image. This platform connects providers with their customers but under a particular firm. Merchandising and/or speciality co-ops are often the actual clientele of such aggregator-based organizations. As a consequence of the aggregator business model, these specialist firms can obtain clients for a charge or reward.Generally, a B2C aggregator does not have its own manufacturing unit; instead, it depends on its power to make a site that allows buyers to compare prices and specifications of rival manufacturers before purchasing after completing comprehensive research.The Aggregator Business Model is built on the foundation of trust. For instance, if you're a provider, an aggregator will negotiate an agreement with you and offer your services to their customers under their identity. It is referred to as a network marketing scheme. Each of the services provided by the aggregator has its own network since the aggregator is a business. The services are standardized and structured, despite numerous providers providing them. Travel Industry Aggregators: A tourism aggregator is a service or application that analyses many web pages for savings and summarizes the output in one place. For instance, if you wished to book a cheap flight from Australia to Seattle, you could sit down and look at a lot of airline companies, which would take ages or you could also use a tool like Tripadvisor to look for thousands of flights in one go.
The razor-razorblade model is a pricing tactic in which a dependent good is sold at a loss (or at cost) and a paired consumable good generates the profits. Also known as a razor and blades business model, the pricing and marketing strategy is designed to generate reliable, recurring income by locking a consumer onto a platform or proprietary tool for a long period. It is often employed with consumable goods, such as razors and their proprietary blades. The concept is similar to the "freemium," in which digital products and services (e.g., email, games, or messaging) are given away for free with the expectation of making money later on upgraded services or added features.
Match NBA and FIFA shoe deals by allowing players to wear their own Leather Strapbacks. Rebrand Hat Culture to Loyalty Check Culture (LC or Loyalty Check for short)
Club Card (Starbucks Gift Card Remodeled)
Scan and Swipe Card
Treat as Monetary Policy for Bubble or Recession, Through Price Saving/Sale Percentage For Tribe
Keynesian: Keynesian economics was founded mainly based on the works of John Maynard Keynes and was the beginning of macroeconomics as a separate area of study from microeconomics. Keynesians focus on aggregate demand as the principal factor in issues like unemployment and the business cycle. Keynesian economists believe that the business cycle can be managed by active government intervention through fiscal policy, where governments spend more in recessions to stimulate demand or spend less in expansions to decrease it. They also believe in monetary policy, where a central bank stimulates lending with lower rates or restricts it with higher ones. Keynesian economists also believe that certain rigidities in the system, particularly sticky prices, prevent the proper clearing of supply and demand.
PayPal Influence: Scheduled Payments and Club member Discounts. At Restaurants and Ticket price match for raves plus discount
AGRICULTURE WORKING CLASS TENNIS-DEVELOPMENT GROCERY STORE TEMPLATE
Leadership Program
Put high quality employees on management track
Put minority supervisors in place for diverse equality
Offer di-biasing training to create fair opportunity for everyone
Collectivistic Culture Traits
A few common traits of collectivist cultures include:
Individuals define themselves in relation to others (for example, “I am a member of…”).
Group loyalty is encouraged.
Decisions are based on what is best for the group.
Working as a group and supporting others is essential.
Greater emphasis is placed on common goals than on individual pursuits.
The rights of Departments comes before those of the individual.
Work Week and Payroll System
4-Day Work Week: Monday, Tuesday, Thursday, Friday; Be realistic with tasks your giving people but shorter deadlines will lead to more productivity
Individual Project Days (IPD): Wednesday, Saturday, Sunday; Give people time to work on their own projects this will lead to my company growing and adding different departments
Two-Tier System: A two-tier system is a type of payroll system in which one group of workers receives lower wages and/or employee benefits than another. The employer wishes to establish a pay-for-performance or merit-pay wage scheme that compensates more productive employees without increasing overall wage costs.
Employee Relationship
Employee's titles are Independent Leader or Group Leader
Offer university certificate through customer training (MOOC)
Articulating the strategy in human terms—what capabilities the company will need to build, and what skills are required to do so—not only helps the company focus on how to develop the right talent, but it allows individuals to understand how their role fits into the overall strategy and allows them to see their work in a much more fundamentally connected way.
CORPORATE TIME MANAGEMENT STRATEGIES
168 Hours
168 hours — that’s the number of hours there are in a week. And that’s how author Laura Vanderkam proposes we look at our schedule — one week at a time. By reorganizing your time according to your priorities, you can cut down on misused time that comes from misplaced priorities or excuses.
Vanderkam believes that we actually have more time than we think and so we can devote more time to the things we’ve always wanted to do but never quite found the time to do so.
Divergent Pomodoro Technique
Developed in the late 1980s by Francesco Cirillo, the Pomodoro Technique is centered on the idea that work should be broken down and completed in intervals separated by short breaks. That is, you work for 25 minutes, then take a five minutes break. Each of these 25-minute periods is called a “Pomodoro”, named after the Italian word for tomato. (Cirillo had used a tomato-shaped kitchen timer, hence the name.) After 4 Pomodori, you take a longer break of 15–20 minutes. Of course, nothing should interrupt an ongoing Pomodoro.
The philosophy behind this technique is simple — frequent breaks can improve mental agility, letting you feel refreshed and recharged, ready to tackle new tasks. More importantly, it minimizes any distractions, which these days come in the form of a Facebook message or a tweet. Pomodoro forces these distractions to wait so that you can focus on your task. This also translates to higher productivity in getting work done, and you can have more time to do other things.
Divergent thinking is a thought process or method used to generate creative ideas by exploring many possible solutions. It typically occurs in a spontaneous, free-flowing, "non-linear" manner, such that many ideas are generated in an emergent cognitive fashion. Many possible solutions are explored in a short amount of time, and unexpected connections are drawn. Following divergent thinking, ideas, and information are organized and structured using convergent thinking, which follows a particular set of logical steps to arrive at one solution, which in some cases is a "correct" solution. Activities that promote divergent thinking include Creating Lists of Questions*, setting aside time for thinking and meditation, Music/Intoxicated Brainstorming*, subject mapping, bubble mapping, Keeping a Journal*, playing tabletop role-playing games
The Eisenhower Matrix
The Eisenhower Matrix is a simple tool for considering the long-term outcomes of your daily tasks and focusing on what will make you most effective, not just most productive. It helps you visualize all your tasks in a matrix of urgent/important. All of your day-to-day tasks and bigger projects will fall into one of these four quadrants: Urgent & Important tasks/projects to be completed immediately; Not Urgent & Important tasks/projects to be scheduled on your calendar; Urgent & Unimportant tasks/projects to be delegated to someone else; Not Urgent & Unimportant tasks/projects to be deleted
In the real world, the distinction between urgent/non-urgent, important/not important is much murkier than under experimental conditions. Urgent matters are those that require immediate action. These are the visible issues that pop up and demand your attention NOW. Often, urgent matters come with clear consequences for not completing these tasks. Urgent tasks are unavoidable, but spending too much time putting out fires can produce a great deal of stress and could result in burnout. Important matters, on the other hand, are those that contribute to long-term goals and life values. These items require planning and thoughtful action. When you focus on important matters you manage your time, energy, and attention rather than mindlessly expanding these resources. What is important is subjective and depends on your own values and personal goals. No one else can define what is important for you.
SWOT Analysis
What Is a SWOT Analysis? SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business. SWOT Analysis is a tool that can help you to analyze what your company does best now, and to devise a successful strategy for the future.
HOW TO BUILD A SPORT-SPECIFIC WORKOUT FOR GROCERY PERFORMANCE CENTERS
Template
Pre-workout Supplement Hydrolyzed Collagen-BCAA and Wear 10lb Vest
Self Analysis: Scrimmage Plus/Minus System (Ranked Clients vs Non-Ranked Clients)
Report cards: Ontario report cards and fall progress report cards outline six learning skills and work habits throughout Grades 1 to 12: Responsibility, Organization, Independent work, Collaboration, Initiative, Self-regulation
The emphasis on these skills and habits reflect that students need to learn more than just facts if they want to succeed in postsecondary education and the world of work. At school students are learning to take initiative, think critically, solve problems, work independently, be self-reliant and work in a team.
Performance Center Grades Category (Chess Initiative Rally Percentage): Off Court; Initiative, Self-regulation, Independent Work/On Court (Test); Responsibility, Organization, Collaboration
Test Possession (Test within a Test) Offense, Tracking Defense
SWOT: Strengths, What you Are Good At; Weaknesses, What you Are Not Good At; Opportunities, Improve, Expand, and Grow; Threats, What can Keep You off the Court
Eisenhower Matrix: Urgent/Important (Threats), Urgent/Not Important (Weaknesses), Not Urgent/Important (Opportunities), Not Urgent/Not Important (Strenghts)
ATP & WTA TENNIS TOURNAMENT (DEBUT OPEN & FIRST TIER SERIES) [INVITE ONLY]
Debut Open locations: Rotating Key City Locations, Africa, India, Asia and South America
Locations: Bid to Host
Debut Open
Reason For Tournament
You see the NBA constantly replacing superstars and showcasing the next generation, this tournament brings tennis that opportunity.
Tournament Details
Participants are 23 years of age or younger
Hold tournament as the last tournament before the Australian open
Host during Christmas break
Equal Pay for men and women
High cash earnings for winners and low earnings for losers to offset high earnings for winning
Benefits Of Having A Grand Slam Outside of America and Europe
Increase global relations by gathering advertisements and sponsors for tournament
Broadcasting deal can be greater because if a cable company is owned
The core audience going forward for the next generation will be greater
This increases the network of fans
First Tier Series
Reason for Tournament
Tennis has tournaments all over the world but most people can't name the bottom 5 players of the top 10 rankings. This fixes that.
Tournament Details (First Tier Series) {all-star equivalent}
Point of the tournament is to show the world the difference between good and great
5 Game Series
Top 10 invite only
Teams of 5, every participant has 1 match three sets
All matches are played
Themes: Males vs Females, Mixed Male and Female Teams, Ranking Lottery Draft with Captains
Skills Competition: Hardest Serve, Accuracy Challenge, Best Return,
Fan Media Day
Player's kit endorser must make themed outfit
Player's Pay rates are by ranking
Profit Strategies (both)
Broadcasting Rights
Sponsorships/Advertisers
Ticket and Concession
Equal Pay and No Capital Gains Tax to attract star Women Players
No Capital Gains Tax so players lower their appearance fee
Pay Quarter Finalist to run to the 3-day clinic
Have a YouTube channel where players give fundamental tips, fitness tips, Diet tips, mental strategies, and book recommendations
Have an Umpire Clinic and application in the Democratic Republic of the Congo
Attach hospitality and casino industries to tickets to draw crowds
LIVE BROADCASTING AND STREAMING COMPANY
Allow people to create their own highlights for social media and YouTube through streaming service but they have to purchase 1 Year Pass of live Broadcasting
In service editing software: Offer different graphics and effects; In Service Cost for Different Packages.Different camera angles; In Service Cost for Different Packages. Add in-rings mics to differentiate from sports network's highlights. Chapters Feature: Everytime a Significant Event in the Event Happens a Bookmark is Made for Highlight Creation, Easier to create highlights, and Subscribers can create their own bookmarks
Pre-made music to create fight mix: Take percentage of revenue from social media and YouTube highlights
Streaming Service: For an up front fee subscribers can get distribution rights to create highlights. Make money from: Live Broadcast, Highlights, Subscription, Distribution Rights, In Subscription Cost
Potential Hiring Process: People are paying to be content creators from all over the world this leads to more diverse content creating staff. Sell this as a way to hire people without a physical resume. YouTube can lead to employment
Bet Night Hour Program: Betting Analysis on Tournament, Predictions, Bets that were Placed Globally, Live Television
CARTEL THEORY
HSBC Bank Holding Company Equity Financing
What Is a Bank Holding Company? A bank holding company is a corporation that owns a controlling interest in one or more banks but does not itself offer banking services. Holding companies do not run the day-to-day operations of the banks they own. However, they exercise control over management and company policies. They can hire and fire managers, set and evaluate strategies, and monitor the performance of subsidiaries’ businesses.
What Is Equity Financing? Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash. Equity financing comes from many sources: for example, an entrepreneur's friends and family, investors, or an initial public offering (IPO). An IPO is a process that private companies undergo to offer shares of their business to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Palmiers Noirs Rivals
United Kingdom
Jews
Luxembourg (EU Blacklist Creator)
Latin Kings
Sinaloa Cartel
Sonora Cartel
Colombian Cartels
Neymar
Banker Title
Croupier Comptable: An investment banker who has experienced decadence through Casino Capitalism
Palmiers Noirs Structure
Clandestine Cell System
A clandestine cell system is a method for organizing a group of people (such as resistance fighters, sleeper agents, mobsters, or terrorists) such that such people can more effectively resist penetration by an opposing organization (such as law enforcement or military units).
In a cell structure, each of the small group of people in the cell know the identities of the people only in their own cell. Thus any cell member who is apprehended and interrogated (or who is a mole) will not likely know the identities of the higher-ranking individuals in the organization.
The structure of a clandestine cell system can range from a strict hierarchy to an extremely distributed organization, depending on the group's ideology, its operational area, the communications technologies available, and the nature of the mission.
Criminal organizations, undercover operations, and unconventional warfare units led by special forces may also use this sort of organizational structure.
Infrastructure cells
Any clandestine or covert service, especially a non-national one, needs a variety of technical and administrative functions, such as: Recruitment/training, Forged documents/counterfeit currency, Finance/Fundraising, Communications, Transportation/Logistics, Safehouses, Reconnaissance/Counter-surveillance, Operational planning, Arms and ammunition, and Psychological operations
A national intelligence service has a support organization to deal with services like finance, logistics, facilities (e.g., safehouses), information technology, communications, training, weapons and explosives, medical services, etc. Transportation alone is a huge function, including the need to buy tickets without drawing suspicion, and, where appropriate, using private vehicles. Finance includes the need to transfer money without coming to the attention of financial security organizations.
Cartel Definition
Cartel is an ambiguous concept, which usually refers to a combination or agreement between rivals, but – derived from this – also designates organized crime. The main use of ‘cartel’ is that of an anticompetitive association in the economy.
Price cartels engage in price fixing, normally to raise prices for a commodity above the competitive price level.
Cartel Theory
Cartel theory is usually understood as the doctrine of economic cartels. However, since the concept of 'cartel' does not have to be limited to the field of the economy, doctrines on non-economic cartels are conceivable in principle. Such exist already in the form of the state cartel theory and the cartel party theory. For the pre-modern cartels, which existed as rules for tournaments, duels and court games or in the form of inter-state fairness agreements, there was no scientific theory. Such has developed since the 1880s for the scope of the economy, driven by the need to understand and classify the mass emergence of entrepreneurial cartels. Within the economic cartel theory, one can distinguish a classical and a modern phase. The break between the two was set through the enforcement of a general cartel ban after the Second World War by the US government.
Constituent characteristics and exclusion criteria for cartels
Constituent criteria for cartels would be the following: The members are, at the same time, partners as well as competitors (so do e.g. enterprises, states, parties, duelists, tournament knights). These members can be individual persons or organizations. The members of a cartel are independent of each other, negotiating their interests with each other and against each other. So there have to be at least two participants and they determine their interests autonomously. The members of a cartel know each other; they have a direct relationship, in particular they communicate with each other.
Exclusion criteria for cartels would be the following: There is a "hierarchical" or other strong "dependency relationship among the participants": a drug mafia that is organized hierarchically and managed by a single boss can't be a drug cartel in the sense of a real "cartel". KLikewise, a business corporation can't be a "cartel" due to its central management, which controls its subsidiaries. Furthermore, an OPEC, in which all adherents would be dependent on the largest member (since long: Saudi Arabia) would no longer be a "cartel". Similarly, colonial empires from a motherland and colonies do not constitute a "state cartel". The union of competitors, in their entirety or via important members of its association, is dependent on an outside power. A strict, state-mandated compulsory cartel without freedom of choice between the partners would not be a (real) cartel. A suitable example is the "Deutsche Wagenbau-Vereinigung" (German Railway Cars Association), which was organized in the 1920s by the "Deutsche Reichsbahn" (German Imperial Railways) – its "market opponent". The combination takes place between actors of different levels. Thus, the concerted actions of employers’ associations and trade unions in some industrialized countries was not a cartel, because the allies there were no homogenous competitors. The alleged members of a suspected cartel do not know each other, but only randomly show a parallel behavior: “Cartels of the godless”, “cartels of maintenance deniers” or “silent cartels” are therefore usually no real cartels, but pure verbal abuse formulas.
MACAU ECONOMICS
Science
Science of Aesthetics
Nutritional Biochemistry
Vertical-Rotational Force Kinetic Chain
Biomechanics
Sports Medicine
Technology
Biotechnology
FinTeach
RealTeach
Merger & Acquisition EdTech
Engineering
Business Engineering (Tribes Organism and Keynesian Macroeconomics)
Construction Management
Business Model Reengineering
Mathematics (Decentralized Central Banking)
Investment Management
Monetary Policy & Central Banking
Wolf Packs are Generalist
David Epstein examined the world’s most successful athletes, artists, musicians, inventors, forecasters and scientists. He discovered that in most fields—especially those that are complex and unpredictable—generalists, not specialists, are primed to excel. Generalists often find their path late, and they juggle many interests rather than focusing on one. They’re also more creative, more agile, and able to make connections their more specialized peers can’t see.
Wolves are habitat “generalists,” meaning they can adapt to living in many kinds of habitat. They basically need two things to thrive: abundant prey and human tolerance.
Trophic Cascade, an ecological phenomenon triggered by the addition or removal of top predators and involving reciprocal changes in the relative populations of predator and prey through a food chain, which often results in dramatic changes in ecosystem structure and nutrient cycling. (Diamond Trafficking in Macau)
A keystone species is an organism that helps define an entire ecosystem. Without its keystone species, the ecosystem would be dramatically different or cease to exist altogether. Keystone species have low functional redundancy. (Diamonds Trafficking in Macau)
Unpredictable and harsh conditions tend to produce fast life history strategies, characterized by early maturation, a higher number of sexual partners to whom one is less attached, and less parenting of offspring.
MANDELA/BASQUIAT ARTS (PHOTOGRAPHY, OLFACTORY, CULINARY) YOUTH PRISON SYSTEM
Nelson Mandela spent the first 18 of his 27 years in jail at the brutal Robben Island Prison. Confined to a small cell without a bed or plumbing, he was forced to do hard labor in a quarry.
If you work in Agriculture You'll Always Have a Food Mindset.
THE MILLIONAIRE NEXT DOOR BY THOMAS J. STANLEY (COURTESY OF BLINKIST)
What’s in it for me? Find out how wrong you are about the way millionaires live.
Millionaires are ostentatious. They live a glamorous life, with private jets and luxury cars, hidden away in enormous mansions in the exclusive Hollywood hills.
Or is that all fantasy? The truth is far from the bling and bright lights. Most millionaires in America actually live what most people would call a normal lifestyle. What’s more interesting, though, is that living modestly is what made them millionaires in the first place.
These blinks show you that if you’re dedicated and clever enough to plan your finances correctly, you too can follow the path to riches that many a millionaire has walked before you.
In these blinks, you’ll learn why the guy driving a Bentley probably earns less than you do; exactly when you should start saving your cash; and why lazy kids get the biggest piece of their millionaire parents’ pie.
Many millionaires don’t live the high life. They budget wisely to maintain their affluence.
If you were a millionaire, you wouldn’t hesitate to wear Prada and drink Champagne every day for breakfast, right? But despite the stereotypes, many actual millionaires purchase fewer expensive items than you do – and they are happy doing so.
If you want to become a millionaire, you’ve got to learn to save responsibly at the moment when you first start to earn more money than you need to live on.
The majority of self-made millionaires have modest backgrounds and achieved great wealth by saving their monthly earnings and avoiding spending cash on stuff they didn’t need. This simple rule is one way you too could become a millionaire, without ever actually making a million dollars a year.
People become millionaires by controlling their budget and maintaining their affluence in the same way. They’re also practiced at thinking long term and planning for the future.
A survey of millionaires found that for every 100 millionaires who weren't budgeting and thinking about their financial future, there were 120 millionaires who certainly were.
Planning and structuring expenses is key if you want to become a millionaire. To start, set a goal, such as having a certain amount of cash tucked away for retirement. Then budget your expenses, living costs and investments.
Mrs. and Mr. Rule are millionaires, and their main goal is to be financially independent when they’re ready to retire. By this time, they want to have saved some $5 million.
To make this happen, the couple cleverly allocates their time and money so that they can continue to invest in their business while earning and saving money that can be used toward real estate purchases or home renovation projects.
Millionaires know where and how to spend their cash. Invest in what you know!
How do millionaires choose what to invest in? Clever millionaires know that dishing out on medical care for their family and investing in methods to make a business more productive is the way to go.
Although these millionaires are often frugal in other respects, price is not an issue when it comes to buying investment services, getting tax advice or spending on medical care for themselves and their loved ones.
Likewise, they know to buy products or services that improve their businesses, such as additional office space or computer software.
Take millionaire Mr. South. He says he would never buy a Rolls Royce for himself, because in his lower-middle-class neighborhood, it would turn too many heads. Instead, he understands that using his money to pay for his grandchildren’s dental care makes far more financial sense. Smart spending also means smart planning. Millionaires spend a greater amount of time planning investments and often reap more benefits from them than those who neglect to plan. Moreover, if you want to increase your wealth by investing in specific businesses, you’ll need to plan as well as get some expertise. Everyone has at least one area in which they have considerable knowledge, so use this to your advantage when investing. For example, Mrs. Smith is an auctioneer who specializes in commercial real estate. Which industry should she invest in? Commercial real estate, of course. Mr. Long however knows a lot about antique furniture. Should he invest in high-tech securities? Probably not, as he should stick to what he knows best.
Many millionaires share their wealth with their children, even though it can hinder them.
We’ve seen how millionaires live, but what about the children of millionaires?
In most cases, millionaire parents don’t raise their kids with much financial support. Although many millionaires are thrifty, they spend a great deal on economic outpatient care. This means their children receive monthly cash gifts, have the costs of medical treatments and education covered, and so on.
But the more money adult children of affluent parents receive, the less they save, and vice versa.
By financially supporting adult children, some millionaires cause them to be financially dependent and hamper them from being able to budget intelligently.
Did you know that more than 46 percent of wealthy Americans support their adult children and/or grandchildren by offering gifts or cash of at least $15,000 each year?
For example, since she was married, Mary gets $15,000 annually from her parents. She and her husband are in their early 50s, own expensive cars, live in a great neighborhood, are country club members and are involved in a number of non-profit organizations.
From the outside, they look like millionaires, yet they’ve never earned more than $60,000 a year.
The amount of money you spend and save also influences your children’s purchasing behavior. Every family has their own do’s and don’ts for investing and purchasing, and these budgets affect children who emulate their parents’ financial habits.
So teach your children how to invest well and how to spend wisely!
For instance, John is an under-accumulator of wealth (UAW). Whenever he gets a paycheck, he spends the money on designer clothes, a habit he learned from his parents who used to shop every Saturday. They bought just for the sake of buying, and now so does John.
The most financially dependent children receive the largest share of the family inheritance.
Who will receive your money after you die? A lot of millionaires claim it will be divided equally between their children. But in reality, some people are more likely to inherit than others.
Housewives are one such group. Millionaires or affluent parents are aware of the fact that women tend to earn less than men, so they pass more money down to them. Especially housewives, who may have been “daddy’s girl” since childhood or didn’t finish college. They’re significantly more likely to receive a considerable inheritance.
Consider Alice, who was always her father’s favorite. When she married a man who earned only a modest income, and quit school to stay at home with her two children, her father started economic outpatient care because he wouldn’t allow his daughter to live in a home that didn’t measure up to his upper-middle class image.
In addition to women who stay at home, unemployed adult children often receive more cash gifts and inheritance than do working siblings.
In many cases, the children of millionaires are unemployed or “professional students” who have never held a job, choosing instead to study all their life. Parents regard these children as requiring more financial support than their more independent siblings.
Many cash gifts also are drawn from over-funded college savings accounts, which, when a child quits school, were no longer needed.
Take Paul and Peter, brothers and children of a millionaire couple. Paul became an entrepreneur and moved far away from home, and became financially independent as he refused cash from his parents.
Peter, however, moved back to his parents’ home after graduating from college as he didn’t want to be employed full-time. So now he receives cash gifts for housing, food, clothing and transportation from his parents.
It’s no surprise then, that after the death of their parents, the financially dependent Peter received the inheritance.
Final summary
The key message in this book: The typical millionaire isn’t all Hollywood glitz and glamour. Many live well below their means, saving and budgeting money diligently and spending it intelligently. If you consistently adhere to these simple standards, you too could become a millionaire.
THE POWER OF HABIT BY CHARLES DUHIGG (COURTESY OF BLINKIST)
What’s in it for me? Learn to pick up or drop any habit you wish.
You’ve made the decision: no more cigarettes! Or maybe it’s: no more junk food! For a couple of weeks, things go swimmingly. You’re proud of yourself. But then, one day, the craving suddenly overpowers you – and, before you know it, you’re back to your old habits.
Sound familiar? If so, you already know the power of habits.
But where does the power of habits come from? As you’ll see in these blinks, habits go deep into the human brain and psyche and influence our lives in a myriad of ways. And while they make our lives a whole lot easier – just imagine if you had to figure out how to open a door every time you encountered one – habits can also cause problems and even ruin lives.
Luckily, by learning how habits work, you can begin to overcome their power. So let’s delve into the world of habits!
In these blinks, you’ll learn why anticipation is at the root of habit formation; what resisting marshmallows can tell us about habits; and what the LATTE method is.
Habits are simple cue-routine-reward loops that save effort.
In the 1990s, a group of researchers at MIT were studying mice to learn more about how habits are formed in the brain. The mice had to find their way to a piece of chocolate that’d been placed at the end of a T-shaped maze. Using special equipment, the researchers could monitor the brain activity of the mice as they sniffed their way to the chocolate.
When the mice were first put in the maze, their brain activity spiked. They could smell the chocolate and they began searching for it. When the researchers repeated the experiment, however, they noticed something interesting.
As the mice gradually learned where the chocolate was and memorized how to get there – go straight, then turn left – their brain activity decreased.
This process of turning a sequence of actions into an automatic routine is known as “chunking,” and it forms the basis of all habit formation. Its evolutionary role is clear and crucial: it allows the brain to save energy and perform common tasks efficiently.
Hence, even a complicated act that demands concentration at first, like finding a piece of chocolate in a maze or backing out of the driveway, eventually becomes an effortless habit. In fact, according to a 2006 paper by a researcher at Duke University, as many as 40 percent of the actions we perform each day are based on habit.
In general, any habit can be broken down into a three-part loop: First, you sense an external cue – say, your alarm clock ringing. This creates an overall spike in your brain activity as your brain decides which habit is appropriate for the situation. Next comes the routine, meaning the activity you’re used to performing when faced with this particular cue. You march into the bathroom and brush your teeth with your brain virtually on autopilot. Finally, you get a reward – a feeling of success and, in this case, a minty-fresh tingling sensation in your mouth. Your overall brain activity increases again as your brain registers the successful completion of the activity and reinforces the link between the cue and the routine.
Habits are incredibly resilient. In some cases, people with extensive brain damage can still adhere to their old habits. Just consider Eugene, a man with severe brain damage caused by encephalitis. When asked to point at the door leading to the kitchen from his living room, he couldn’t do it. But when asked what he would do if he were hungry, he walked straight into the kitchen and took down a jar of nuts from one of the cabinets.
Eugene could do this because learning and maintaining habits happens in the basal ganglia, a small neurological structure embedded deep in the brain. Even if the rest of the brain is damaged, the basal ganglia can function normally.
Unfortunately, this resilience means that, even if you successfully kick a bad habit, like smoking, you will always be at risk of relapsing.
Habits stick because they create craving.
Imagine this scenario: every afternoon for the past year, you’ve bought and eaten a delicious, sugar-laden chocolate-chip cookie from the cafeteria at your workplace. Call it a just reward for a hard day’s work.
Unfortunately, as a few friends have already pointed out, you’ve started putting on weight. So you decide to kick the habit. But how do you imagine you’ll feel that first afternoon, walking past the cafeteria without indulging? Odds are, you will either eat “just one more cookie” or you’ll go home in a distinctly grumpy mood.
Kicking a bad habit is hard because you develop a craving for the reward at the end of the habit loop. Research from the 1990s conducted by the neuroscientist Wolfram Schultz shows how this works at the level of the brain. Schultz was studying the brain activity of a macaque monkey named Julio, who was learning to perform various tasks. In one experiment, Julio was placed in a chair in front of a screen. Whenever some colored shapes were shown on the screen, Julio’s task was to pull a lever. When he did, a drop of blackberry juice (Julio loved blackberry juice) would drip down on his lips through a tube.
At first, Julio didn’t pay much attention to the screen. But when he happened to pull the lever at the right moment, thus triggering the blackberry-juice reward, his brain activity spiked, showing a strong pleasure response.
As Julio gradually grasped the connection between seeing the shapes on the screen, pulling the lever and getting the blackberry juice, he not only stared at the screen, but Schultz noticed that, as soon as the shapes appeared, there was a spike in Julio’s brain activity similar to when he actually received the reward. In other words, his brain had begun anticipating the reward. This anticipation is the neurological basis of craving and helps explain why habits are so powerful.
Schultz then altered the experiment. Now, as Julio pulled the lever, either no juice would come or it would come in a diluted form. In Julio’s brain, Schultz could now observe neurological patterns associated with desire and frustration. Julio got decidedly mopey when he didn’t get his reward, just as you might if you forewent your cherished end-of-the-day cookie.
The good news is that craving works for forming good habits as well. For instance, a 2002 study from New Mexico State University showed that people who manage to exercise habitually actually crave something from the exercise, be it an endorphin rush in the brain, a sense of accomplishment or the treat they allow themselves afterward. This craving is what solidifies the habit; cues and rewards alone are not enough.
Given the power of habits, it should come as no surprise that companies work hard to understand and create such cravings in consumers. A pioneer of this tactic is Claude Hopkins, the man who popularized Pepsodent toothpaste when countless other toothpaste brands had failed. He provided a reward that created craving: namely, the cool, tingling sensation that we’ve come to expect toothpaste to have. That sensation not only “proved” that the product worked in consumers’ minds; it also became a tangible reward that they began to crave.
To change a habit, substitute the routine for another and believe in the change.
As anyone trying to give up cigarettes will tell you, when the craving for nicotine hits, it’s hard to ignore. That’s why the golden rule for quitting any habit is this: don’t try to resist the craving; redirect it. In other words, you should keep the same cues and rewards, but change the routine that occurs as a result of the craving.
Several studies on former smokers have shown that, by identifying the cues and rewards around their smoking habit and replacing the routine with one that has a similar reward, such as doing some push-ups, eating a piece of Nicorette or simply relaxing for a few minutes, the chances of staying smoke-free increases significantly.
One organization that uses this method to great effect is Alcoholics Anonymous (AA), which may have helped as many as ten million alcoholics achieve sobriety.
AA asks participants to list what exactly they crave from drinking. Usually, factors like relaxation and companionship are far more important than the actual intoxication. AA then provides new routines that address those cravings, such as going to meetings and talking to sponsors for companionship. The idea is to replace drinking with something less harmful.
However, research on AA members shows that, although this method works well in general, it alone is not enough. In the early 2000s, a group of researchers at California’s Alcohol Research Group noticed a distinct pattern in their interviews with AA members. A frequent response was that the habit-replacement method worked wonders, but, as soon as a stressful event occurred, the old habit was simply too strong to resist, no matter how long the respondent had been in the program.
For example, one recovering alcoholic had been sober for years when his mother called to say she had cancer. After hanging up, he left work and went directly to a bar, and then, in his own words, was “pretty much drunk for the next two years.”
Further research has indicated that those who resist relapse and remain sober often rely on belief. This is why spirituality and God feature prominently in AA philosophy. But it’s not necessarily the religious component itself that helps people stay sober. Believing in God also helps participants believe in the possibility of change for themselves, which makes them stronger in the face of stressful life events.
Change can be achieved by focusing on keystone habits and achieving small wins.
When former government bureaucrat Paul O’Neill became the CEO of the ailing aluminum company Alcoa in 1987, investors were skeptical. And O’Neill didn’t improve matters when, during an investor meeting in a swanky luxury hotel in Manhattan, he declared that, rather than focusing on profits and revenues, he intended to make workplace safety his number-one priority. One investor immediately called his clients and said, “The board put a crazy hippie in charge and he’s going to kill the company.”
O’Neill tried to explain his reasoning to the lukewarm investors. No amount of talk would reduce injury rates at Alcoa, he argued. Sure, most CEOs claimed to care about workplace safety. But empty words would never lead to the formation of a company-wide habit, which is what would be necessary for real change.
O’Neill knew that habits exist in organizations. And he knew that changing an organization’s direction is a matter of changing its habits. He was also aware that not all habits are equal. Some habits, known as keystone habits, are more important than others because adhering to them creates positive effects that spill over into other areas.
By insisting that worker safety come first, managers and employees would have to think about how the manufacturing process could be safer and how safety suggestions could best be communicated to everyone. The end result would be a highly streamlined, and hence profitable, production organization.
Despite the investors’ initial doubts, O’Neill’s approach proved to be a huge success. By the time O’Neill retired in 2000, Alcoa’s annual net income had increased fivefold.
Keystone habits can help individuals change, too. For instance, research indicates that doctors have a hard time getting obese people to make a broad change in their lifestyle. However, when patients focus on developing one keystone habit, such as keeping a meticulous food journal, other positive habits start to take root as well.
Keystone habits work by providing small wins – that is, early successes that are fairly easy to attain. Developing a keystone habit helps you believe that improvement is possible in other spheres of life, too, which can trigger a cascade of positive change.
Willpower is the most important keystone habit.
In the 1960s, researchers at Stanford conducted what would become a very famous study. A large group of four-year-olds was brought, one by one, into a room. In the room, there was a table with a marshmallow on it. A researcher gave each child a choice: either eat the marshmallow now or wait a few minutes and have two marshmallows instead. The researcher then left the room for 15 minutes. Only about 30 percent of the children managed not to devour the marshmallow in the researcher’s absence.
But here’s the interesting part. When, years later, the researchers tracked down the study’s participants, who were now adults, they found that those who had exhibited the greatest willpower and waited the full 15 minutes had ended up with the best grades in school, were more popular on average and were less likely to have drug addictions. Willpower, it seemed, was a keystone habit that could be applied to other parts of life, too.
More recent studies have shown similar results. For instance, a 2005 study on eighth-graders showed that students exhibiting high levels of willpower had better grades on average and were more likely to get into selective schools.
So willpower is a key habit in life. However, as you might have noticed if you’ve ever tried to start exercising more, willpower can be highly inconsistent. Some days, hitting the gym is a breeze; on others, leaving the sofa is nigh impossible. Why is that?
It turns out that willpower is actually like a muscle: it can tire. If you exhaust it by concentrating on, say, a tedious spreadsheet at work, you might have no willpower left when you get home. But the analogy goes even further: by engaging in habits that demand resolution – say, adhering to a strict diet – you can actually strengthen your willpower. Call it a willpower workout.
Other factors can also affect your willpower. For example, Starbucks found that, on most days, all of its employees had the willpower to smile and be cheerful, regardless of how they felt. But when things became stressful – for example, when a customer began screaming – they would soon lose their cool. Based on research, executives at the company determined that if baristas mentally prepared for unpleasant situations and planned out how to overcome them, they could muster enough willpower to follow the plan even when under pressure.
To help them, Starbucks developed the aptly named LATTE method, which outlines a series of steps to take in a stressful situation: Listening to the customer, Acknowledging their complaint, Taking action, Thanking the customer, and, lastly, Explaining why the issue occurred. By practicing this method over and over, Starbucks baristas learn exactly what to do should a stressful situation arise, and can stay cool.
Other studies have shown that a lack of autonomy also adversely affects willpower. If people do something because they are ordered to rather than by choice, their willpower muscle will get tired much quicker.
Organizational habits can be dangerous, but a crisis can change them.
In November of 1987, a commuter at the King’s Cross station in London approached a ticket collector and said he’d just seen a piece of burning tissue by one of the building’s escalators. Rather than investigating the matter or notifying the department responsible for fire safety, the ticket collector did nothing. He simply returned to his workstation, thinking it was someone else’s responsibility.
This was perhaps not so surprising. Responsibilities in running the London underground were divided into several clear-cut areas, and, as a result, staff had formed an organizational habit of staying within departmental bounds. Over the decades, an intricate, hierarchical system of bosses and sub-bosses, each highly protective of his authority, had emerged. The nearly 20,000 employees of the London Underground knew not to encroach on each other’s terrain.
Under the surface, most organizations are like this: battlegrounds on which individuals clamor for power and rewards. So, in order to keep the peace, we develop certain habits, such as minding one’s own business.
Soon after the ticket collector returned to work as usual, a huge fireball erupted into the ticket hall. But no one present knew how to use the sprinkler system or had the authority to use the fire extinguishers. The rescuers, who were eventually called in after a long series of failures to act by several employees at the station, described passengers so badly burned that their skin came off when touched. In the end, 31 people lost their lives.
The failure at the heart of this tragedy was that, despite its complicated system of responsibility distribution, no single employee or department at the London Underground had an overview responsibility for the safety of passengers.
But even such tragedies can have a silver lining: crises offer a unique chance to reform organizational habits by providing a sense of emergency.
This is why good leaders often actively prolong a sense of crisis or even exacerbate it. In investigating the King’s Cross station fire, special investigator Desmond Fennel found that many potentially lifesaving changes had been proposed years earlier, but none had been implemented. When Fennel encountered resistance to his suggestions, too, he turned the whole investigation into a media circus – a crisis that enabled him to implement the changes. Today, every station has a manager whose main responsibility is passenger safety.
Companies take advantage of habits in their marketing.
Picture yourself walking into your local supermarket. What’s the first thing you encounter? In all likelihood, it’s fresh fruits and vegetables, laid out in lush piles. If you consider this for a second, it doesn’t make much sense. As fruit and veggies tend to be soft and are easily damaged by other products put in the cart, they ought to be displayed closer to the registers. But marketers figured out long ago that, if we begin our shopping by filling our carts with fresh, healthy items, we’re more likely to buy unhealthier products, like snacks and cookies, as we continue to shop.
This might seem pretty obvious. But retailers have figured out far subtler ways to influence customers’ purchasing habits. For example, here’s a surprising fact: most people instinctively turn right when entering a store. That’s why retailers put their most profitable products to the right of the entrance.
As sophisticated as these methods are, however, they have one big drawback; they’re all one-size-fits-all and don’t account for differences in the purchasing behavior of individual customers. Over the past few decades, however, increasingly sophisticated technology and data-collection have made it possible to target customers with breathtaking precision. One of the true masters of this game is the American retailer Target, which serves millions of shoppers annually and collects terabytes of data on them.
In the early 2000s, the company decided to use the full force of its data to target a particular segment of the population long known to be one of the most profitable: new parents. To get a leg up on its competitors, however, Target wanted to do more than market to new parents; it wanted to draw in expecting parents before their babies had even arrived. To accomplish this, it set out to determine pregnant women’s purchasing habits.
In the end, Target’s analysis worked so well that it marketed to a pregnant teenage girl who hadn’t yet told her family about her situation. Target sent her baby-related coupons, prompting her father to pay the local Target manager an angry visit: “She’s still in high school,” he said. “Are you trying to encourage her to get pregnant?!” When the truth came out, it was the abashed father’s turn to apologize.
But Target soon realized that people resented being spied upon. For its baby coupons to work, it figured out a clever way to bury them amid random and unrelated offers for things like lawnmowers and wine glasses; the offers had to seem like the familiar, untargeted ones.
Indeed, when trying to sell anything new, companies will do their best to make it seem familiar. For example, radio DJs can guarantee a new song becomes popular by playing it sandwiched between two existing hit songs. New habits or products are far more likely to be accepted if they don’t seem new.
Target got a lot of flack for its invasive approach to marketing, but that doesn’t mean it wasn’t a smashing success. Due in large part to its work with targeting pregnant women, the company’s revenues grew from $44 billion in 2002 to $65 billion in 2009.
Movements are born from strong ties, peer pressure and new habits.
In 1955, a black woman named Rosa Parks refused to give up her bus seat for a white man in Montgomery, Alabama. She was arrested and charged, and the events that followed made her a civil-rights icon.
Interestingly, her case, though it’s become the most famous, was neither unique nor the first. Many others had already been arrested for the same reason. So why did Parks’s arrest spark a bus boycott that lasted over a year?
First of all, Rosa Parks was especially well-liked in the community and had an unusually broad array of friends. She belonged to many clubs and societies and was closely connected to all kinds of people, from professors to field hands. For instance, she served as the secretary of the local NAACP chapter, was deeply involved in a youth organization at a Lutheran church close to where she lived and spent her spare time providing poor families with dressmaking services, all while still finding time to make gown alterations for young debutantes from wealthy white families. In fact, she was so active in her community that her husband would sometimes say she ate at potlucks more often than at home.
Parks had what is known in sociology studies as strong ties – that is, first-hand relationships with plenty of people from across different social segments of her community. These ties not only bailed her out of jail; they spread word of her arrest throughout Montgomery’s social strata, thus sparking the bus boycott.
But her friends alone could not have sustained a lengthy boycott. Enter peer pressure. In addition to strong ties, social spheres also comprise weak ties, meaning acquaintances rather than friends. It is mostly via weak ties that peer pressure is exerted. When a person’s larger network of friends and acquaintances support a movement, it is harder to opt out.
Eventually, commitment to the boycott began waning in the black community, as city officials began introducing new carpooling rules to make life without buses increasingly difficult. This is when the final component was added: a speech by Dr. Martin Luther King Jr. advocating nonviolence and asking participants to embrace and forgive their oppressors. Based on this message, people began to form new habits, such as independently organizing church meetings and peaceful protests. They made the movement a self-propelling force.
We bear the responsibility for changing our habits.
One night in 2008, Brian Thomas strangled his wife to death. Distraught, he promptly turned himself in and was prosecuted for murder. His defense? He was experiencing something scientists refer to as sleep terrors.
Research has shown that, unlike sleepwalking, during which people might get up from bed and start acting out impulses, when a person experiences sleep terrors, the brain effectively shuts down, leaving only the most primitive neurological regions active.
Since he was in this state, Thomas thought he was strangling a burglar who was attacking his wife. In court, the defense argued that the instant Thomas thought someone was hurting his wife, it triggered an automatic response – an attempt to protect her. In other words, he followed a habit.
Around the same time, Angie Bachman was sued by the casino company Harrah’s for half a million dollars in outstanding gambling debts. This was after she had already gambled away her home and her million-dollar inheritance.
In court, Bachman argued that she, too, was merely following a habit. Gambling felt good, so when Harrah’s sent her tempting offers for free trips to the casino, she couldn’t resist. (Note that Harrah’s knew she was a compulsive gambler who had already declared bankruptcy.)
In the end, Thomas was acquitted and many, including the trial judge, expressed great sympathy for him. Bachman, on the other hand, lost her case and was the object of considerable public scorn.
Both Thomas and Bachman could quite plausibly claim: “It wasn’t me. It was my habits!” So why was only one of them acquitted?
Quite simply, once we become aware of a harmful habit, it becomes our responsibility to address and change it. Thomas didn’t know he would hurt anyone in his sleep. Bachman, however, knew she had a gambling habit, and could have avoided Harrah’s offers by participating in an exclusion program that would’ve prohibited gambling companies from marketing to her.
Final summary
The key message in these blinks: Following habits is not only a key part of our lives but also a key part of organizations and companies. All habits comprise a cue-routine-reward loop, and the easiest way to change this is to substitute something else for the routine while keeping the cue and reward the same. Achieving lasting change in life is difficult, but it can be done by focusing on important keystone habits such as willpower.
BLUE OCEAN STRATEGY BY RENÉE MAUBORGNE AND W. CHAN KIM (COURTESY OF BLINKIST)
What’s in it for me? Conquer uncontested market space.
Every business asks themselves the same question: how can we beat out the competition? And almost every business comes up with the same answer: we need to become bigger, better, and faster to outperform our rivals.
But what if your business didn’t have to beat the competition because there wasn’t any? What if you could enjoy unlimited growth without worrying about limited demand? This isn’t some idle fantasy but a strategic approach that a handful of successful businesses have already made reality. How did they do it? And how can your business do the same? This short Blink will give you a taste.
Escape your competition by setting sail to a blue ocean.
When you establish a new business, competition can be brutal. Whether you’re selling wine, audio books, or life insurance, the market for a product can only get so big. So you’re left to fight with hundreds of other companies for your share of a limited demand. No surprise that America’s most popular business TV show is called Shark Tank! Markets today are like oceans, swarming with hungry companies ready to kill each other. There’s so much blood in the water, we can call these markets red oceans.
But every once in a while, a company emerges that seems to sail past all the competition. These are businesses that rise fast, grow uncontested, and seem to play by their own rules. What are they doing differently?
Well, instead of fighting over scraps in red oceans, these businesses navigate uncharted territory: blue oceans. You can think of blue oceans as all the markets we haven’t yet discovered, for products and services that don’t yet exist. Demand isn’t limited because demand isn’t there – it has to be created. But this isn’t a handicap, it’s an opportunity. Because if the size of your market isn’t limited, neither are your growth and profits.
In blue oceans, the water isn’t bloodied by cut-throat competition. It’s deep, clear, and full of undiscovered potential. The blue ocean strategy gives you the methodology and tools to conquer such uncontested markets. The basic tenet is this: It’s true that the space in a certain industry might be limited. But who’s to say that a business can’t create an entirely new industry?
Let’s look at an example of this in action: famous Canadian circus company Cirque du Soleil. With its extraordinary variety shows, Cirque du Soleil has entertained millions of people worldwide. On top of that, it’s made record profits. Not something you would expect from a circus company! How did the company do it?
Well, Cirque du Soleil did two interesting things. First, it got rid of the old circus staple of animal acts. Then, it supplemented its human acts with live music and compelling storylines. The first move reduced costs while the second introduced exciting new elements into the world of circus. In effect, Cirque du Soleil created a blue ocean: it carved out an entirely new market for artistic theater experiences. And people love it.
Lower your costs and differentiate yourself.
Perhaps you find the example of a circus company a bit too eclectic? No problem. There are thousands of other businesses that have successfully implemented a blue ocean strategy. Companies like Ford, Nintendo, Netflix, Nespresso, Yellow Tail, Southwest Airlines, and even The Body Shop. In this section, we’ll take a closer look at how they succeeded.
But first, a few more words about red oceans. In red oceans – industries that are already established – everyone plays by agreed rules. Not so long ago, these rules might have looked something like this: “Movies can be bought or rented.” “Wine needs to have an air of sophistication.” “Air travel is expensive.” But in blue oceans, none of these rules apply. Blue oceans are actively shaped by the actions of the industry players who create them.
Let’s be clear – you don’t need to reinvent the wheel to establish a blue ocean. Often, a few little tweaks are enough to set a product apart from its competitors and create a new market. It’s really quite simple: Take a close look at your industry as it is right now. Then think about which factors you can Raise, Eliminate, Reduce, and Create. Let’s go through these points step-by-step with examples.
Raise. Think about how you can elevate the product quality, price point, or service standards of your industry. Southwest Airlines did this when it became the first US airline to make domestic flights quick, easy, and affordable for everyone.
Eliminate. Consider which aspects of your product or service can be cut completely. Remember how Cirque du Soleil got rid of costly and unethical animal acts? Every industry has some outdated practice they’d be better off abandoning.
Reduce. Look at which production processes, product features or service offers you can reduce. Australian wine brand Yellow Tail, for instance, decided to reduce its focus on prestigious vineyards and the aging process in favor of affordable wines with broad appeal.
Create. Brainstorm what new features you can offer your customers. Netflix is a premium example of this that barely needs an explanation: it was the first company to offer on-demand streaming for movies and TV shows.
Ideally, considering these questions will help you do two things: lower your costs and differentiate your business from the competition. And that’s really all you need to create a blue ocean. Even more so, if your company keeps addressing these four factors – that’s raise, eliminate, reduce, and create –, it will stay one step ahead of the competition at all times.
Final summary
In this short Blink, you’ve learned about the difference between red and blue oceans. Rather than competing for limited market space, successful businesses often capture new markets with unlimited potential. They’re discovered by raising, eliminating, reducing, and creating industry factors in a way that lowers costs and sets your business apart from the competition.
ORIGINALS BY ADAM GRANT (COURTESY OF BLINKIST) [THE HOW]
What’s in it for me? Embrace the original in you!
We have all heard of that elusive quality known as “originality.” But while it remains something highly coveted, referring to someone as an “original” can also bring up connotations of eccentricity or weirdness.
So, can there be originality without originals?
These blinks look at the ways in which you can be non-conformist and original without getting shunned, as well as some of the originals who have challenged the status quo and pushed innovation throughout history.
In these blinks, you’ll find out
how your choice of web browser can indicate whether you’re original or not; why advocating against your innovative idea is a great way to get people on board; and how procrastination paved the way for one of the most famous speeches in history.
Originality is your key to a fulfilling career.
Look in any dictionary and it’ll tell you that originality is the quality of having a unique or singular character. But what’s an original? In today’s context, originals are people who not only dream up novel ideas and shake up the status quo, but who also take the initiative to make their unique vision a reality.
Even the smallest things can identify an original. Economist Michael Housman discovered in his research that a certain percentage of customer service employees stayed in their jobs far longer than others. Seeking clues, he discovered a surprising link between how long someone kept their job and their choice of internet browser. Sounds crazy, right?
Get this: employees who installed browsers other than the default Internet Explorer were not only more likely to keep their jobs, they were also more likely to take initiative, confront challenges and find new solutions. In the end, the tendency to install Google Chrome or Mozilla Firefox was tied to problem-solving abilities that, in turn, allowed these employees to stay in their jobs an average of 15 percent longer.
As for the other employees who simply used built-in browsers, they approached their roles in the same conventional way as they used the internet. They accepted the standards given to them and were unable to solve problems, which eventually made them sick of their jobs.
If you want to survive in the working world, your best bet is to become an original. The good news is, anyone can do it. Though we might not all be able to found our own companies, compose a musical masterpiece or alter the course of history with a stirring speech, we all have unique ideas with the potential to improve our work, our communities and our relationships.
Putting new ideas out there requires courage and the determination not to back down when you want change to happen. The first step toward becoming an original is overcoming your fear of taking action and standing up for your own ideas. But how? Find out in the next blinks.
Quantity leads to quality when it comes to generating great ideas.
Legend has it that physicist Isaac Newton was relaxing under a tree when an apple fell on his head. In a flash of brilliance, Newton was inspired to develop his law of universal gravitation. Unfortunately, great ideas like this usually don’t fall from trees; new ideas require hard work.
When it comes to idea generation, what’s more important – quantity or quality? As it happens, they’re equally important, specifically because quantity paves the way for quality in brainstorming. Psychologist Dean Simonton, renowned for his study of creative productivity, demonstrated in his research that highly creative individuals don’t necessarily produce better ideas; rather, they just make more of them.
By creating a larger volume of work, they had a higher probability of developing a small handful of brilliant ideas. For instance, Picasso’s entire body of work includes countless rugs and prints, 2,800 ceramics, 1,800 paintings, 1,200 sculptures and more than 12,000 drawings. And yet, only a small number of these pieces gave Picasso his success and status as an international art icon.
In other words, when it comes to quantity and quality, you can’t have one without the other!
Another of Simonton’s findings demonstrated that even geniuses can’t tell which of their works will become timeless classics and which ones will flop. So, again, the more you produce, the better. Simonton found that Beethoven judged his work quite differently than later experts did. Comparing letters where Beethoven rated 70 of his own compositions with the evaluations of contemporary critics, Simonton calculated that Beethoven had disagreed with them about 33 percent of the time!
Generating ideas, and lots of them, is the first step to unlocking your creative potential. But you shouldn’t see your brain as a creativity factory, pumping out original ideas the way cars are manufactured on an assembly line.
To create great ideas, we need to take it slow. That could mean taking a detour and procrastinating, or just making the time here and there to relax under a tree!
Procrastination can work creative wonders when you use it strategically.
Procrastinating, we’re told, is your productivity’s arch-nemesis; but is this really the case?
Leaving stuff to the last minute makes us more creative by forcing us to improvise. Would you have guessed that Martin Luther King Jr.’s most famous line was the result of procrastination? King was set to give a speech at the March on Washington for Jobs and Freedom, but didn’t even start writing the speech until the night before.
King’s iconic “I have a dream” line was partially improvised – gospel singer Mahalia Jackson cried out during King’s speech, imploring him, “Tell them about the dream, Martin! Tell them about the dream!” King abandoned his script and began to speak freely about his inspiring vision of the American future.
King’s speech is a fantastic example of the Zeigarnik effect. The phenomenon, named after Russian psychologist Bluma Zeigarnik, describes the way that our mind stays open to new ideas and insights, even after we attempt to finish a task and give up. Essentially, King’s unfinished speech left room for his brain to come up with brilliant lines.
For great originals, procrastination is a key strategy. It allows them to make gradual progress while remaining open to a range of possibilities. Leonardo da Vinci is another example of history’s prolific procrastinators. He began painting the Mona Lisa in 1503, then abandoned the project before returning to the painting some years later. The Mona Lisa was finally completed in 1519, 16 years later!
Historian William Pannapacker believes that this allowed da Vinci to procrastinate in a calculated way, experimenting with optical illusions and new painting techniques. Without this experimentation, and the procrastination that created the space for it, we may never have had the Mona Lisa or other brilliant works by original thinkers.
Admitting your weaknesses during a pitch will garner you more support.
Have you ever gotten a less-than-encouraging response to what you thought was your best idea yet? Rest assured, it’s not always because your idea is useless! There are a few common factors behind rejections.
For one thing, voicing an opinion that threatens to upset the status quo can be a threat to your business career and your network. A massive study conducted across nonprofit, service, retail and manufacturing companies revealed that the more frequently employees voiced their ideas and concerns to their superiors, the less likely they were to receive raises and promotions over a two-year period.
This is quite a troubling trend! So, what can you do to get people on board with your ideas? Strangely enough, your best option is to tell people why they should not accept your proposals. Start by being open about the shortcomings of your projects; this will surprise your audience and show them that you’re an honest person regardless of the situation.
This is what entrepreneur couple Rufus Griscom and Alisa Volkman did when presenting their online parenting magazine and blog network “Babble” to potential backers. To their audience’s great surprise, Griscom was up-front and told them that their website’s user engagement was lower than they’d expected, 40 percent of the news on the site was taken up by seemingly irrelevant celebrity gossip and their back end was in major need of an update.
Though it sounds like they were shooting themselves in the foot, investors were charmed by their approach. They trusted them, and Babble brought in $3.3 million in funding before being acquired by Disney in 2011.
Make radical ideas familiar by getting them out there often and finding common points of reference.
Do you think you look better in the mirror or in a candid photo? Most of us would prefer the reflection we see in the bathroom. Photos of ourselves can be cringeworthy and off-putting. Why is this? Well, because we’re seeing ourselves from an unfamiliar angle. It’s a classic human tendency to reject things that aren’t familiar to us – even our own images!
As you might have guessed, this presents another hurdle to dreaming up original ideas. But there are strategies you can implement to make even the most conventional coworker feel comfortable with your unorthodox solutions.
One of these is the mere exposure effect, where repeating yourself will give others time to warm up to your ideas. Research shows that exposing people to new ideas more often will make them more receptive over time. So, speak up and repeat yourself!
To make this easier, keep your ideas short and snappy, blend them with other ideas to show their different applications and be prepared to keep pushing your solutions for as long as necessary. Keep at it, and you’ll be surprised by how your peers’ responses improve!
Another useful strategy for making new ideas seem less controversial is to frame them in a familiar context. When the idea for the animated classic The Lion King was first pitched to Disney, producers were initially turned off by its dark storyline.
But in a meeting between scriptwriters and Disney executives, CEO Michael Eisner and producer Maureen Donley turned things around by highlighting the film’s similarities to Shakespeare’s King Lear and Hamlet. This was enough to persuade the producers, who were much more enthusiastic once the unconventional storyline was tied to a common point of reference.
The Lion King went on to become 1994’s highest-grossing film and the recipient of two Academy Awards. This example illustrates how great ideas can become a reality when their novelty is offset with familiar elements to win support.
The best collaborators are the ones that love to prove you wrong.
Regardless of what you’re pursuing, if you only listen to people who praise you, you probably won’t get very far. It might not be pleasant, but sometimes you need a bit of criticism to help you grow.
This was illustrated in a pivotal experiment by psychologist Charlan Nemeth. Groups of participants were asked to hire one of three possible job candidates. The first candidate, John, was presented as having the best skillset for the job.
Even so, some of the participants showed a preference for the less qualified candidate, Ringo. But when some participants argued in favor of the third candidate, George, the chance that the participants would end up hiring the best-qualified candidate quadrupled. How can we make sense of this?
By throwing a minority opinion into the mix that differs from the two leading views, the consensus is disrupted. Group members are then pushed to assess the situation for themselves and not simply follow what others are thinking. This is a great strategy to break up groupthink and encourage everyone to share their real opinions.
Groupthink occurs when people organized in groups prioritize avoiding conflict and reaching consensus over making the best choice possible. This concept, developed by Yale research psychologist Lester Irving Janis, is the underlying problem in poor team decision making. Another way to prevent groupthink hindering your own creativity is to surround yourself with people who constantly question your ideas.
This was the strategy used by Ben Kohlmann, a founding member of the Chief of Naval Operations’ Rapid Innovation Cell (CRIC), when his team began to work on innovative ideas for the navy. They succeeded in creating a whole range of creative solutions and were even the first to bring a 3D printer on a ship to print spare parts in case something broke while at sea.
This creativity wouldn’t have been possible without the powerful group dynamic that emerged as a result of Kohlmann’s calculated decision making. He chose junior officers with a track record of facing discipline as a result of challenging authority. Though these officers all had their own backgrounds and objectives, uniting their disruptive mindset with a common goal created the perfect environment for creativity.
Learn to disguise your ideas to get the supporters you need.
Though you might have a network of people who share the same goals and values as you, it’s no guarantee that they’ll support your ideas. If you want dependable allies, you need to win over your peers by hitting the right tone in your messaging. The trick is not to go over the top, but also to keep people interested.
Though we tend to think that common goals are what brings a team together, research has shown that the opposite is true. Dartmouth College psychologists Judith White and Ellen Langer illustrate this finding through the theory of horizontal hostility; this is a form of prejudice that surfaces in relationships between members of the same minority group.
For instance, the most dedicated members of radical political groups tend to attack each other more than they confront impostors and sell-outs within their movement, even though they share the same set of core values.
You can avoid horizontal hostility in your team by making your ideas seem a little less radical. To do this, you’ll need a disguise – or even a Trojan horse! The goal is, after all, not to convince people to change their attitudes entirely, but to connect with the values you know they already believe in.
Meredith Perry, the inventor of wireless power solutions for charging electronic equipment, received little support when she first presented her ideas to her physics professors and engineers. They all unanimously agreed that it was simply not possible at the time to charge electronic devices through waves passing through the air. So what did Perry do? She changed her tactics and used a Trojan horse.
By disguising her idea and telling people that she simply wanted to design a transducer, and not one that sent power wirelessly, she received a lot more support: her idea was interesting, but not too far-fetched. Collaborators and funders were much more willing to team up with her, and Perry was able to create her product and company, uBeam, which today provides innovative wireless charging solutions.
As we can see, it’s not enough simply to have creative ideas – you have to know how to find the right supporters and collaborators to make them a reality.
Final summary
The key message in this book: Unleash your creative potential by developing lots of ideas and sharing your best ones with others. To further boost your creativity, surround yourself with disruptive thinkers and make them feel comfortable about sharing their opinions. Learn to make your original idea seem familiar, accessible and appealing to get the support you need, and you’ll be ready to turn your unique plans into real-world solutions.
RANGE BY DAVID EPSTEIN (COURTESY OF BLINKIST)
What’s in it for me? Learn why taking a wide-ranging approach to life will pay off.
In our complex and cutthroat world, there’s a lot of pressure to get a head start and specialize early. Many successful people, such as Tiger Woods, start to focus on one path early in life. But delve a little deeper, and it becomes clear that it’s generalists, not specialists, who are primed to excel.
Generalists may take a little longer to find their path in life, but they are more creative, can make connections between diverse fields that specialists cannot. This makes them more innovative and, ultimately, more impactful.
Drawing on examples from medicine to academia to sport, these blinks explore how breadth and range are far more powerful than specialized expertise. They also show that experts often judge their own fields more narrowly than open-minded, intellectually curious amateurs do.
In these blinks, you’ll learn; what comic books have to tell us about the ingredients of success, how the complexity of modern life has changed the way we think, and why you should be a Roger; not a Tiger.
Starting early and specializing is fashionable, but has dubious merit.
At the age of ten months old, Tiger Woods picked up his first miniature golf club. At two, he showed off his golf drive on national television. Later that same year, he entered and won his first tournament in the under ten category. Tiger Woods embodies a now popular idea that the key to success in life is to specialize, get a head start and practice intensively.
This trend toward specialization doesn’t only show up in the sports world. In fact, it’s also true of academia, our complex financial system and medicine. Oncologists, for example, now rarely focus on cancer alone. Rather, they specialize in cancer of a particular organ. The writer and surgeon Atul Gawande notes that when doctors joke about right-ear surgeons, we shouldn’t be so quick to assume they don’t actually exist.
But is specializing really the way to go? Simply put, no. In many walks of life, building up experience in just one field doesn’t help performance. In a 2009 paper, psychologists Daniel Kahneman and Gary Klein explored the connection between experience and performance.
Klein shows that experience counts in certain fields. For firefighters, for example, years of focused experience trains them to recognize patterns in the behavior of flames, which enables them to make 80 percent of their on-the-job decisions instinctively in seconds.
But Kahneman found that in other areas, experience counted for nothing. Studying the assessment of officer candidates in the Israeli Defence Forces, he found that recruiters’ predictions of a recruit’s future performance, based on physical and mental abilities, were no more reliable than guesswork. Crucially, as the recruiters received more and more feedback after multiple recruitment rounds, they didn’t get any better at making predictions. Kahneman concluded that there was a complete disconnect between experience and performance.
Some fields of life resemble golf or firefighting. While not necessarily easy, they offer recurring patterns or simple rules that govern decision-making. But there are many more fields of life, like army recruitment, that are much more nebulous and require the creativity and flexibility that generalization offers.
Experimentation is as reliable a route to expertise as early specialization.
In 2006, a now 31-year-old Tiger Woods watched Roger Federer win the US Open final for the third year in a row. Both were at the peak of their powers. As they sipped champagne together in the locker room afterward, Federer felt he had never connected with someone who understood his feeling of invincibility so well. They became firm friends. But, as Roger later told a biographer, his story was very different from Tiger’s.
Roger’s mom was a tennis coach, but if she ever felt tempted to coach him, she resisted it. As a young boy, he dabbled in squash, skiing, wrestling, skateboarding, basketball, tennis and badminton. Later, he gave credit to this range of sports experience for helping his hand-eye coordination and athleticism.
Over time, he found that he liked sports with balls. He moved toward tennis as a teenager, but not intensively. In fact, when his instructors recognized his talent and tried to move him to a group of older players, he asked to stay in the group with his friends. Roger Federer’s winding path to tennis success points to the fact that sampling, rather than specialization, can often be the best route to eventual success.
And plenty of evidence across multiple disciplines supports this. This is true even in an area like music, where plenty of outstanding musicians do specialize young. World-renowned cellist Yo-Yo Ma, for instance, started playing music at a very young age. But what many people don’t know is that Ma first tried violin and piano, and only moved to the cello because he didn’t like the first two.
Yo-Yo Ma isn’t alone in this. In a study of students at a British boarding school, music psychologist John Sloboda found that every one of the students who attended structured music lessons early in their development was categorized by the school as “average,” while not one was “exceptional.” In contrast, those children identified as exceptional were those who had tried out three instruments.
So, if you haven’t yet found your calling, experiment. You could take Vincent van Gogh as inspiration. He tried everything from working in bookstores to teaching and art dealing to preaching before finding his calling as an artist who changed painting forever.
Let’s find out how this works.
Living in a complex world has increased the average person’s IQ and ability to think abstractly.
In 1981, James Flynn, a professor of political studies from the beautiful hilly town of Dunedin in New Zealand, changed the way we think about thinking.
Flynn stumbled upon reports of IQ test scores of American troops that showed dramatic improvement between the two World Wars. The same score that placed a World War I soldier in the 50th percentile would only land him in the 22nd percentile of World War II troops. Intrigued, Flynn asked researchers in other countries for data. He received IQ test results from the Netherlands that showed similarly huge leaps from generation to generation. He then compiled data from 14 other nations.
In what’s now known as the Flynn effect, this research reveals an average three-point increase in IQ every decade in over 30 countries. But what causes this rapid rise? The work of a Russian psychologist, Alexander Luria, gives us an idea.
In 1931, the Soviet Union was changing rapidly. Remote, essentially premodern villages operating in ways unchanged for centuries were converted to collective farms with industrialized development, planned production and division of labor.
Luria capitalized on this rate of change to conduct unique studies. In one experiment, he asked villagers to sort wools into groups. In more modern villages, people would happily group similar pieces of wool, like those in different shades of blue. But in the remote, still premodern villages, participants simply refused to do so. According to them, each piece of wool was different – it was an impossible task!
Other questions involving conceptual thinking got a similar response. One villager, named Rakmat, was shown a picture of three adults and one child and asked which person did not belong. But Rakmat didn’t think about the question abstractly, as we would, and identify the child as different. Instead, he insisted that the boy must stay with the adults and help them with their work.
Luria’s findings were clear. The more exposure to modernization, the greater the ability to make conceptual connections between objects or abstract notions. Today, our minds are constantly dealing with abstract concepts. We glance at a download progress bar on our computer, for example, and instantly understand its meaning. Our minds are better at understanding a breadth of topics and making connections between ideas than ever before.
And yet, we continue to narrow our conceptual focus.
If you want it to stick, learning should be slow and hard, not quick and easy.
The teachers you liked the most in your educational career might be the ones who taught you the least. A study of teaching at the US Air Force Academy tracked the progress of thousands of students working with hundreds of different professors, starting with Calculus I classes. It found that the professors whose students’ got better grades on the exam were also highly rated in student evaluations. The professors whose students did not receive good grades received harsher student feedback.
But when the economists conducting the study looked at long-term results, there was a twist. The professors who received positive feedback had a net negative effect on their students in the long run. In contrast, those professors who received worse feedback actually inspired better student performance later on.
Rather than teaching to the test, these professors appeared to be facilitating a deeper understanding of underlying math concepts. It made their classes frustrating and difficult, hence the poor grades and student evaluations. But it paid off in the long run. Those professors were using desirable difficulties – harder, but ultimately more rewarding, ways to learn.
There are certain techniques we can all use that embrace desirable difficulties. One such technique is spacing, which means leaving time between learning something and practicing it. Consider a 1987 study in the Journal of Experimental Psychology. This study separated Spanish students into two groups, testing one group on vocabulary that they had learned the same day, and the other group weeks later. Eight years later, and with no further study in the interim, the two groups were tested again. The results showed that the latter group could remember over 200 percent more words.
Even short-term spacing is effective. In a 1972 study, researchers at Iowa State University read people a series of words. The first group of participants was asked to recite the words straight away. Another group was asked to recite them after being distracted for fifteen seconds by some simple math problems.
The first group did considerably better than the group that was distracted. But later the same day, the participants were asked to write down each word they could recall. This time, the group that previously performed worse did the best. The process of working hard to recall the information in the first instance had helped them move it from short-term to long-term memory.
So, don’t get too excited by quick progress when you learn. Embrace hard, slow learning. It will pay off in the long run.
A narrow focus is unhelpful, and a remedy for this is to think outside the box.
In some environments, dealing with specialists is desirable. If you need an operation, you probably want a doctor who specializes in the procedure and has done it many times before. However, as we benefit from more reflection and thinking, this narrow focus can be unhelpful.
For example, cardiologists use stents – metal tubes that hold blood vessels open – to treat chest pain so often that they often do so reflexively, even in situations that may be dangerous or inappropriate. This explains a 2015 study by Dr. Anupam Jena of Harvard Medical School. The study found that patients with cardiac arrest or heart failure were actually less likely to die if they were admitted to hospital while top cardiologists were away.
Other fields also point to the benefits of looking at problems with an outside view, rather than the inside view dictated by your own particular specialty.
In a study by University of Sydney professor Dan Lovallo, private equity investors were asked to provide a detailed assessment of businesses they were considering investing in, including their estimated return on investment. The investors were then asked to write notes about some other projects with broad similarities, like another tech start-up or an infrastructure project.
It turned out that the investors’ estimates of returns for the businesses they were actually planning to invest in were around 50 percent higher than for those alternative projects they had identified but not looked at in detail. The investors were shocked to discover the differences, and quickly slashed their estimated profit for their original potential investments.
As further psychological research has repeatedly shown, the more details we consider about something, the more extreme our judgments become. In one example, students rated a university higher when told that only certain science departments, rather than all science departments, were ranked in the national top ten.
Clearly, failing to see things from a broad perspective can lead to some bad calls.
A breadth of experience and interest drives innovation.
Comic books can tell us a surprising amount about range and success. When Dartmouth business professor Alva Taylor and Henrik Greve from the Norwegian School of Management decided to examine the impact of individual breadth on creative impact, they chose to study comics.
Tracking the careers of comic creators and the commercial success of thousands of comic books from 1971 onward, they made some predictions about what would boost the average value of a comic. They predicted that the more comics a creator made, the better the comics would be. Further, they thought that the more resources a publisher had, the higher quality and more successful its product would be.
All these assumptions were wrong. Neither experience nor financial resources bred success. What did drive success was the breadth of a comic creator’s experience across comic genres. Of 22 genres, the more a creator had worked in, from comedy to crime, fantasy to non-fiction, the more successful they were. But this link between breadth and success isn’t just the case in creative or artistic worlds.
Andy Ouderkirk, an inventor at the multinational company 3M, was named Innovator of the Year in 2013 and has been named on 170 patents, a proxy for creative success. He became fascinated with what generates successful and inventive teams, so he started to do some research. He found that the inventors who were most likely to succeed within 3M and win the company’s Carlton Award, which recognized innovation, were not specialists. They were polymaths, people with one area of depth, but a great deal of expertise in other areas as well.
These polymaths tended to have many patents in their area of focus, but also repeatedly took expertise gathered in one area and applied it to another. A study of prestigious scientists led by Robert Root Bernstein, a Professor of Psychology at Michigan State University, confirm Ouderkirk’s findings. Comparing Nobel prize-winning scientists to other scientists, the figures show that Nobel laureates are a full 22 times more likely to be an amateur actor, magician, dancer or performer.
So, for any hiring managers out there looking for fresh talent, here’s a plea. Don’t just look for people who fit into your clearly-defined slots. Make some space for those who don’t fit so clearly into any one category. Their breadth of experience might be invaluable.
The experts and pundits that our society listens to are usually hopeless at making predictions.
During 20 years of the Cold War, world-renowned forecasting expert Philip Tetlock collected and assessed the predictions of 284 experts. He concluded that experts are absolutely terrible at making predictions about anything.
Tetlock found that an expert’s years of experience, academic degree and even ability to access classified information made no difference. When experts said that some potential event was impossible, it happened in 15 percent of cases. Events declared to be an absolute sure thing failed to occur 25 percent of the time.
And worryingly for anyone who listens to cable news, Tetlock found that there was a perverse and inverse relationship between fame and accuracy. The more an expert appeared in the news, the more likely they were to be wrong, or as Tetlock famously put it, “roughly as accurate as a dart-throwing chimpanzee.”
One of the problems was that many of the experts’ focus was too narrow. Having spent entire careers studying a single issue – say, US-Soviet relations – they tended to have explicit theories about how it worked. So, what makes a better forecaster of future events? Well, researchers like psychologist Jonathan Baron point to active open-mindedness – a willingness to question your own beliefs. Most of us fail at this, and can’t override our strong instinct to cherry-pick evidence that confirms our existing beliefs.
Consider a study run by Yale professor Dan Kahan. Pro and anti-Brexit voters were first tasked with interpreting a set of statistics about the effectiveness of a skin cream. Most participants completed the task successfully. But when presented with the same numbers framed as the link between crime and immigration, many of the participants misinterpreted the statistics according to their political beliefs. The same study has yielded similar results in the US on the topic of gun control.
So, how exactly can we combat our tendency to stick to our existing beliefs, despite the evidence? Kahan argues that one personality feature is important if we want to stay open-minded and think clearly about the world around us. Instead of scientific knowledge – how much you know – emphasize scientific curiosity – a desire to learn more, willingness to look at new evidence and ability to think with a genuinely open mind.
Now, let’s consider how we can embrace this kind of curiosity.
To be more of a generalist, you need to change your attitude toward learning and success.
See if you can answer this question correctly. Disease X has a prevalence of one in 1,000 people. The test for the disease has a false positive rate of five percent. What is the chance that someone receiving a positive test result has the disease?
If your answer was two percent, or 1.96 to be precise, you got it right. And in doing so, you did better than the 75 percent of physicians and students at Harvard and Boston University who got it wrong. Their most frequent answer was 95 percent.
The problem is straightforward if you know how to think about it. In a sample of 10,000 people, ten will have the disease and get a true positive. Five percent, or 500 people, will get a false positive. So out of the 510 people with a positive result, only 10, or 1.96% are ill. Sadly, many students aren’t taught to think openly about such problems. And this, according to Arturo Casadevall – a star in the world of microbiology and immunology – has to change.
In a new role at the Johns Hopkins Bloomberg School of Public Health, Casadevall is developing programs focused on an interdisciplinary understanding of topics such as philosophy, ethics, statistics and logic. One course, called “How do we Know What is True,” examines different types of evidence in various academic disciplines. “Anatomy of Scientific Error” encourages students to hunt for signs of misconduct or poor methodology in scientific research.
Casadevall hopes that, with a more rigorous grounding in reasoning and multidisciplinary thinking, students will be better prepared to make a real impact on our economy and society.
Of course, not all of us hold senior academic positions like Casadevall. What can we do to expand our range? Well, one thing is to embrace failure. Dean Keith Simonton, a creativity researcher, has shown that the more work creators produce, the more failures they produce, but they are also more likely to produce a superstar success. Thomas Edison, for instance, held over 1,000 patents, many of which were ultimately failures. But his successes, like the light bulb, were revolutionary.
Treading a wide-roaming, disorderly path of experimentation may not always bring instant results. But it may just be the best route to greatness in the end.
Final summary
The key message in these blinks: Embracing range, experimentation and breadth of experience is often a better road to success than specialization. Range demands patience, open-mindedness and scientific curiosity. If we can foster and exemplify these, the chances that we will generate major innovations and contribute significantly to our economy and society increase.
THINKING IN BETS BY ANNIE DUKES (COURTESY OF BLINKIST) CROUPIER COMPTABLE PSYCHOLOGY
Human minds tend to confuse decisions with their outcomes, which makes it hard to see mistakes clearly.
Super Bowl XLIX ended in controversy. With 26 seconds left in the game, everyone expected Seattle Seahawks coach Pete Carroll to tell his quarterback, Russell Wilson, to hand the ball off. Instead, he told Wilson to pass. The ball was intercepted, the Seahawks lost the Super Bowl, and, by the next day, public opinion about Carroll had turned nasty. The headline in the Seattle Times read: “Seahawks Lost Because of the Worst Call in Super Bowl History”!
But it wasn’t really Carroll’s decision that was being judged. Given the circumstances, it was actually a fairly reasonable call. It was the fact that it didn’t work.
Poker players call this tendency to confuse the quality of a decision with the quality of its outcome resulting, and it’s a dangerous tendency.
A bad decision can lead to a good outcome, after all, and good decisions can lead to bad outcomes
In fact, decisions are rarely 100 percent right or wrong. Our decision-making is like poker players’ bets. We bet on future outcomes based on what we believe is most likely to occur.
So why not look at it this way? If our decisions are bets, we can start to let go of the idea that we’re 100 percent “right” or “wrong," and start to say, “I’m not sure.” This opens us up to thinking in terms of probability, which is far more useful.Volunteering at a charity poker tournament, the author once explained to the crowd that player A’s cards would win 76 percent of the time, giving the other player a 24 percent chance to win. When player B won, a spectator yelled out that she’d been wrong. But, she explained, she’d said that player B’s hand would win 24 percent of the time. She wasn’t wrong. It was just that the actual outcome fell within that 24 percent margin.
If we want to seek out truth, we have to work around our hardwired tendency to believe what we hear.
We all want to make good decisions. But saying, “I believe X to be the best option” first requires good-quality beliefs. Good-quality beliefs are ideas about X that are informed and well thought-out. But we can’t expect to form good-quality beliefs with lazy thinking. Instead, we have to be willing to do some work in the form of truth-seeking. That means we have to strive for truth and objectivity, even when something doesn’t align with the beliefs we hold.
Focusing on accuracy and acknowledging uncertainty is a lot more like truth-seeking, which gets us beyond our resistance to new information and gives us something better on which to bet.
We can learn a lot from outcomes, but it’s difficult to know which have something to teach us.
The best way to learn is often by reviewing our mistakes. Likewise, if we want to improve our future outcomes, we’ll have to do some outcome fielding. Outcome fielding is looking at outcomes to see what we can learn from them.
To become more objective about outcomes, we need to change our habits.
Habits work in neurological loops that have three parts: cue, routine and reward. As Pulitzer-prize-winning reporter Charles Duhigg points out in his book The Power of Habit, the key to changing a habit is to work with this structure, leaving the cue and reward alone but changing the routine.
We can improve our decision-making by being part of a group, but it needs to be the right kind of group.
We’ve all got blind spots, which makes truth-seeking hard. But it’s a little easier when we enlist the help of a group. After all, others can often pick out our errors more easily than we can.
But to be effective, a group dedicated to examining decisions isn’t like any other. It has to have a clear focus, a commitment to objectivity and open-mindedness, and a clear charter that all members understand.
In a decision-examining group committed to objective accuracy, this kind of change is self-reinforcing. Increasing objectivity leads to approval within the group, which then motivates us to strive for ever-greater accuracy by harnessing the deep-seated need for group approval that we all share.
To work together productively, a group needs CUDOS.
Shared commitment and clear guidelines help define a good-quality decision-examining group. But once you’ve got that group, how do you work within it?
You can start by giving each other CUDOS.
CUDOS are the brainchild of influential sociologist Merton R. Schkolnick, guidelines that he thought should shape the scientific community. And they happen also to be an ideal template for groups dedicated to truth-seeking. The C in CUDOS stands for communism. If a group is going to examine decisions together, then it’s important that each member shares all relevant information and strives to be as transparent as possible to get the best analysis. It’s only natural that we are tempted to leave out details that make us look bad, but incomplete information is a tool of our bias. U stands for universalism – using the same standards for evaluating all information, no matter where it came from. When she was starting out in poker, the author tended to discount unfamiliar strategies used by players that she’d labeled as “bad.” But she soon suspected that she was missing something and started forcing herself to identify something that every “bad” player did well. This helped her learn valuable new strategies that she might have missed and understand her opponents much more deeply. D is for disinterestedness and it’s about avoiding bias. As American physicist Richard Feynman noted, we view a situation differently if we already know the outcome. Even a hint of what happens in the end tends to bias our analysis. The author’s poker group taught her to be vigilant about this. But, teaching poker seminars for beginners, she would ask students to examine decision-making by describing specific hands that she’d played, omitting the outcome as a matter of habit. It left students on the edge of their seats, reminding them that outcomes were beside the point! “OS” is for organized skepticism, a trait that exemplifies thinking in bets. In a good group, this means collegial, non-confrontational examination of what we really do and don’t know, which keeps everyone focused on improving their reasoning. Centuries ago, the Catholic church put this into practice by hiring individuals to argue against sainthood during the canonization process – that’s where we get the phrase “devil’s advocate.”
If you know that your group is committed to CUDOS, you’ll be more accountable to these standards in the future. And the future, as we’ll see, can make us a lot smarter about our decisions.
To make better decisions, we need to spend some time in the future.
Temporal Discounting – making decisions that favor our immediate desires at the expense of our future self – is something we all do.
We can also recruit our future feelings using journalist Suzy Welch’s “10-10-10.” A 10-10-10 brings the future into the present by making us ask ourselves, at a moment of decision, how we’ll feel about it in ten minutes, ten months and ten years. We imagine being accountable for our decision in the future and motivate ourselves to avoid any potential regret we might feel.
Backcasting, imagining a future in which everything has worked out, and our goals have been achieved, and then asking, “How did we get there?" This leads to imagining the decisions that have led us to success and also recognizing when our desired outcome requires some unlikely things to happen. If that’s the case, we can either adjust our goals or figure out how to make those things more likely.
Premortems are when we imagine that we’ve failed and ask, “What went wrong?" This helps us identify the possibilities that backcasting might have missed. Over more than 20 years of research, NYU psychology professor Gabrielle Oettingen has consistently found that people who imagine the obstacles to their goals, rather than achieving those goals, are more likely to succeed.
Final summary
The key message in these blinks: You might not be a gambler, but that’s no reason not to think in bets. Whether or not there’s money involved, bets make us take a harder look at how much certainty there is in the things we believe, consider alternatives and stay open to changing our minds for the sake of accuracy. So let go of “right” and “wrong” when it’s decision time, accept that things are always somewhat uncertain and make the best bet you can.
Side Note: I think there is a link between Poker and Financial Psychopathy & Cerebral Narcissism because of the Rewiring of the Brian Benefits of Poker through Dopamine Release.
PITCH ANYTHING BY OREN KLASS (COURTESY OF BLINKIST)
PITCH ANYTHING is a fast-paced narrative packed with crystal clear examples illustrating the unique S.T.R.O.N.G. Method, which takes advantage of how the brain really works by Setting the Frame; Telling the Story; Revealing the Intrigue; Offering the Prize; Nailing the Hookpoint; and Getting a Decision.
You must tailor your pitch to the audience’s croc brains.
Everyone should learn to pitch ideas well. In every profession, from dentistry to investment banking, there comes a time when you must convince someone of something. Unfortunately, there is a gap between what we are trying to tell our audience and how they perceive it. To understand this gap and overcome it, we must look at the evolution of the human brain.
Basically, the human brain has evolved in three separate stages, resulting in three distinct parts: the primitive reptilian part, the croc brain, developed first. It’s a simple device primarily focused on survival and it can generate strong emotions, like the desire to flee a predator. Next, the midbrain developed. It allows us to understand more complex situations, such as social interactions. Finally, the sophisticated neocortex evolved, facilitating reasoning and analysis to understand complex things.
When you pitch, you use your neocortex to put into words the ideas you are trying to convey. Unfortunately, your audience doesn’t at first process these ideas with their neocortices. Instead, it is the audience’s primitive croc brains that receive the ideas and they ignore everything that is not new and exciting. Worse still, if your message seems abstract and unfathomable to the croc brain, it might perceive the message as a threat. This will make your audience want to flee to escape the situation.
This is why you must tailor your pitch to the croc brain. Since croc brains are simple, your message should be clear, concrete and focused on the big picture. You also need to ensure the croc brain sees your message as something positive and novel, which deserves to be passed on to the higher brain structures.
To secure your target’s attention, you must create desire and tension.
The one critical thing you need throughout your pitch is the attention of your target. To successfully attain this, research has shown that you must evoke two sensations in your pitch: desire and tension. Desire arises when you offer your target a reward, and tension arises when you show them they might lose something, like an opportunity, as a result of this social encounter. On a neurological level, this effectively floods your target’s brain with two neurotransmitters: dopamine and norepinephrine.
Dopamine is a chemical associated with anticipating rewards — desire. One such reward would be the pleasure of understanding something new, such as solving a puzzle. Thus, to increase the level of dopamine in your target’s brain, you must introduce novelty through a pleasant surprise, like an unexpected yet entertaining product demo.
Norepinephrine, on the other hand, is the chemical responsible for alertness and it creates tension in the target. If your pitch convinces them that there is a lot at stake here, their brains will be flooded with norepinephrine.
To create tension, you must create a bit of low level conflict with a push-pull strategy. This means first saying something to push the target away, like, “Maybe we aren’t a good match for each other.” You then counter this by pulling the target back toward you with something like, “But if we are, that would be terrific.”
This push-pull dynamic creates alertness in the target, as they sense that they might lose this opportunity. Depending on the situation, you may use very powerful push-pull statements, especially if you sense your target’s attention beginning to wane.
To control a meeting, you must first establish frame control.
Different people will see any given situation from a different perspective or point of view based on their intelligence, ethics and values. These perspectives are called frames, and they dictate how we perceive social situations such as meetings and sales pitches. Frames also determine who controls those situations.
When two people meet, their individual frames crash into each other. Only one frame can survive such an encounter — the stronger one. For example, let’s assume a cop pulls you over for speeding. He has a strong moral-authority frame and you only have a weak “I’m so sorry officer”-frame. It is clear that when your frames clash, his frame will prevail. This means he will control every aspect of the encounter: from its duration to its content and tone.
You will often face a similar clash of frames in a business environment; for example, a customer may be focused on the price of your product while you are focused on its quality. You will both try to get the other to focus on what you think is important.
If it is your frame that survives this clash, you will have frame control in the situation meaning your ideas and statements will be accepted as facts by the customer. This is a crucial advantage in any pitch. Without frame control, you are unlikely to convince anyone of anything.
You will often encounter the power frame, time frame and analyst frame, hence you must know how to counter them.
In a pitch or sales meeting you will often encounter certain archetypes of frames, and it is important you choose strong with which to counter them.
Typically, your target will use the power frame which exudes arrogance. You must not do anything that validates the other person’s power. Instead, use small acts of defiance and denial to bust the frame; for example, by yanking your presentation material away from the target if they do not seem to be taking it seriously.
Another oft-used frame is the time frame, where your customer asserts control over time: “I only have ten more minutes.” This is meant to push you off balance, but you can always counter with: “That’s fine, I only have five.”
A particularly lethal frame is the analyst frame, denoted by a fixation on details and numbers. If your opponent is in this frame, they will likely insist on drilling down into minor technical and financial details, effectively bogging down your pitch.
In such situations, give a direct but high-level answer to the question asked and get right back to your pitch. Analysis comes later. Before more questions come up, counter the analyst frame with your own intrigue frame. This basically means you tell a compelling personal story and leave it unfinished as a cliffhanger: “… so there we were, in a pitch black, falling airplane with no idea what was going to happen. Anyway, back to the pitch …" This redirects the focus of the room onto you and makes the discussion personal once again.
Use prizing to make the target seek your acceptance.
The most important frame you should be able to use is the prize frame, as it works in a variety of situations against many opposing frames.
Typically when you’re selling something or pitching an idea, your target will tend to see their money as the “prize” of the meeting, something you have to fight for. You must reframe the situation so that you are the prize and they would be lucky to do business with you.
Because people tend to want things they can’t have, prizing yourself will make your target work for your acceptance instead of the other way around. BMW does this with a special-edition M3. The company demands prospective buyers sign a contract assuring they will take proper care of the car, otherwise they cannot buy one.
In a pitching situation, never engage in behavior that makes it seem as if you are chasing the target, for example by agreeing to last minute schedule changes or trying to prematurely close the deal by saying things like, “So, what do you think so far?” Such behavior only reinforces the impression that the target is the prize. Instead, get your target to explicitly qualify themselves to you; for example, you could say, “I am very particular about with whom I work. Why should I do business with you?” This usually catches them off guard and they start trying to impress you.
Stack frames to trigger hot cognitions.
Contrary to popular belief, we are more prone to making choices instinctively than through rational analysis. In fact, we often make a decision about something before we even fully understand it and only later come up with reasons for that decision. These gut calls are called hot cognitions, whereas the decisions arrived at through rational reasoning are known as cold cognitions.
After you’ve introduced your big pitch idea, you want to trigger hot cognitions within your target. These will make him or her want what you have to offer in mere seconds, instead of analyzing your pitch for days to reach a rational, cold decision. You trigger the hot cognitions by stacking frames, meaning you introduce multiple frames in quick succession.
The first frame is the intrigue frame: you tell your target a compelling story, a personal narrative where a dilemma is solved. At the crucial juncture, you stop telling the story, leaving your target on the edge of their seat, ensuring their full attention.
Next, you pile on the prize frame, where you flip the tables on the target: instead of trying to impress them, make them qualify themselves to you. You could say something like, “This deal has so many investors after it, I have to choose who to take on board.”
After this, you stack on the time frame by adding time pressure to the pitch: “Unfortunately, this is a limited-time offer, and the train, so to speak, is leaving the station on Monday.” This will make the target feel like they are losing an opportunity, at which point they will want it even more.
By triggering all these hot cognitions in the target, you will leave them drooling for what you have to offer.
Don’t be needy – make the target chase you.
Neediness, otherwise known as validation-seeking behavior, is a sign of weakness and it can be absolutely fatal to your pitch. If you act needy, the audience will sense you are weak and their primitive croc brains will classify your proposal as a threat – to their money. This can easily push you into a vicious cycle where the audience becomes more and more distant due to your neediness, which in turn makes you anxious and even needier!
To negate neediness, you can use a simple three-step formula based on the movie The Tao of Steve, where the protagonist, Dex, follows a pseudo-Taoist philosophy to pick up women.
First, try to eliminate your desires, at least in the eyes of the target. If they have something you desperately want, this will translate as neediness in you. To negate this, make it clear to the target that you do not need them.
Second, focus on the things you do well, your strengths. Demonstrate something that showcases your excellence. Dex, for instance, was great with children and made sure the target of his affections saw this. Similarly, you must demonstrate excellence in front of your target.
Third, withdraw. At the crucial moment when your target expects you to chase them for their money, withdraw instead by saying something like, “I’m not totally convinced we’re a good match for each other.” This will make them chase you, much like the women in the Tao of Steve chased Dex.
To pitch effectively, you must attain situational alpha status.
Status plays a vital part in any social encounter. In any meeting, a dominant member known as an alpha emerges, while others take subordinate beta-positions. It is very difficult to be persuasive from a beta-position; hence, you must grab alpha status.
Though some elements of status, like your reputation or wealth, are quite stable, situational status can vary immensely; for example, while a successful surgeon has considerably higher social status than a golf teacher, the teacher is still the alpha during a golf lesson.
Often your pitch targets will lay so-called beta traps to force you into the situational beta position; for example, being made to wait in the lobby is a classic beta trap.
You must try to ignore these traps and avoid doing anything that enforces your opponent’s alpha status. Instead, use small acts of defiance and denial to grab the situational alpha status for yourself as soon as you can.
Say a customer has made you wait in the lobby. Once in the meeting room, you could begin examining some papers on the table in front of you. When the customer peeks at them, you could yank them away and say something like, “Nope, not until I’m ready.” If done in a good-natured, half-joking manner, this enforces your alpha position.
Once you have alpha status, you must then steer the discussion into a direction where you are the expert, much like the golf professional talks about golf, not heart surgery, when teaching the surgeon. To solidify your status, force your opponent to say something that reinforces your alpha position with a good-natured jest, like, “Remind me, why on earth should I work with you guys on this?”
Keep your pitch short and simple.
Before you begin any pitch, let your target know you will keep the presentation short. This will put them at ease. When Watson and Crick presented their Nobel Prize-winning idea of the DNA helix, they only needed five minutes. If you know what you are doing, you can pitch anything in twenty.
Start your pitch by introducing yourself. This does not mean rattling off your entire résumé but just outlining your greatest successes, like projects where you really did something impressive.
Most people will be tempted to jump right to the “big idea” for which they’re trying to get financing. But before you get to it, you should address one crucial concern in your target’s mind. Namely, you must explain why now is the right time to invest.
Rather than a long and complex analysis, simply outline the economic, social and technological forces which make your deal unmissable right now. Economic forces that benefit your pitch, for example, could be your target customers becoming wealthier and interest rates going down, the social forces could be the rising consumer concern for the environment, and the technological force could be the development of the electric car. You must present these forces in a way that shows a window of opportunity has recently opened but will not remain open forever.
The three forces set the stage and paint a backstory for your big idea, which should also be kept brief and simple. Use an established “recipe” for this: “For [target customers] who are dissatisfied with [current offerings on the market]. My product is a [new idea] that provides [solution to key problem] unlike [competing product]. My product has [key product features].”
That’s it. The time for details comes later.
Final summary
The key message in this book is: In any social encounter where you aim to be persuasive, it is vital that you seize control of the situation and ensure the target sees your pitch through the frame of mind you have chosen. At the same time, you must cater your pitch so that on a neurological level, the target’s brain works for you, not against you.
TRIBES BY SETH GODIN (COURTESY OF BLINKIST)
All Tribes Share 3 Components
A Group of People
A Common Cause
At least one Leader who Represents and Organizes the Tribe
The most important feature for a tribe is the shared cause.
A tribe’s shared cause leads its members to internalize the tribe’s values and ideas as their own. These internalized incentives make tribe members into driven believers instead of mere followers
Don’t engineer your ideas for the masses: make it exclusive and meaningful for a distinct group of people.
Apple set out to produce a new kind of phone that almost no one would initially like, but that a few people would really love.
With today’s technology, everyone can form and lead a tribe.
The first thing to know is that people need to be able to communicate intensely about their shared cause. This means that communication can’t just be vertical – between you (the leader) and the individual tribe members – more importantly, it must be horizontal, between tribe members.
With today’s technology, you have everything you need to facilitate both vertical and horizontal communication. Websites, blogs and social networks allow you not only to spread your cause, but also provide the room and the tools for your tribe to communicate, share ideas and organize. For example, you can use Basecamp to organize projects, and Twitter to share brief updates about developments. At the same time, these websites allow you to set ground rules for participation, and align everyone with your common vision by setting specific goals.
If you have a meaningful cause and the will to lead, people will follow.
Have you ever wondered how many people make up a movement? The answer is around 1,000: that’s the amount of true believers you need for a group to keep moving.
Creating a movement is about organizing an existing yearning into a way that tribe members can connect with each other, and form a movement under your leadership.
As former U.S. Senator Bill Bradley defines it, a movement contains three elements: A narrative that tells the story of the future you’re trying to build; a connection between the leader and the tribe and among the tribe members; and something to do – the fewer limits, the better.
When forming a tribe, don’t worry about making it grow – concentrate on tightening connections.
At least in the beginning, a tribe’s biggest advantage is not its size, but the multiple connections between the members, the leader and the outside world.
In fact, a tribe has four different directions of communication: Leader to tribe, tribe to leader, tribe members to one another and tribe member to outsider. Normal marketing pales in comparison, with communication generally only in one direction: company to market.
The most important of these directions is the communication between members. And this is where tightening a tribe comes in.
Tightening a tribe means bringing members closer together by facilitating communication and tightening their common bonds. You can do this by transforming a shared interest into one passionate goal, and by providing a platform for members to easily connect with each other.
Or you can harness the power of insiders and outsiders. To create a feeling of cohesion, you have to develop a culture of insiders – which inevitably excludes others. This allows the tribe to differentiate itself from other tribes, and create a stronger sense of internal identification.
Leadership is about stepping into a vacuum and creating motion.
For a tribe to form there has to be a particular change that people want to see made. This need for change has to come from a certain discomfort with the status quo, from a sense that there is something missing in the world. A leader steps right into this discomfort zone – the vacuum – and starts to organize so people will follow him.
Leaders do this despite the risks because of two things: they have faith in the cause and they know that innovation is always more effective the earlier it happens – so the sooner the better.
To make the world a better place, we need more heretics and less sheepwalkers.
What we need in the world are more heretics: people who question the status quo and the existing dogmas, and take action without asking for permission. Organizations need more heretics to advocate change from the inside: because if you hire amazing people and give them freedom, they will do amazing things. And tribes need heretics as leaders to break into new territory and help change the world.
SUISSE CAMBRIOLAGE
Scatter Site Shares Appreciation Rights Social Club
KEY MOTIFS
Mr. & Mrs. Smith, Physical Fitness, Force-Velocity Curve Stimulus-Fatigue-Recovery-Adaptation Performance Training, Circuits, Networking, Chaárms or Athena Venus-Mercury Cusp Births, Triple Decker Projects with Sand Rings, Brand Activation Modelling, Sports Larceny & Contract Racketeering, Sports for Orphans Charities, Short Film Series Acting, Polyglot, Industrial-Organizational Psychologist and Mergers & Acquisitions Bankers Advisory Team
KEY VALUES
Brass Knuckles as Weapons, Decadence, Socratic Methods Game Theory, Poker Country Clubs with Sports Betting Investment Trust, Red Bull Music Festivals, Athletic excellence, Sports Performance Centers, Med Spas, Patchwork Tattoos, Pastel Goth, Pastel Wavy Hair, Video Games, Real Estate Investment Groups, Scatter-site Share Appreciation Rights Social Club, Art House and Management Companies, Business Incubators and Startups Accelerators Collaboration Holding Company, Syncretism of Athena through Occult Magic to Warrior Spirits, Law Education EdTech Sponsor and Provider, Armed Robbery Sports Playbooks, Force-Velocity Curve Physique, Smurfing, Sports Betting, Poker Tournaments, Enterprise Foundations, Rental Properties, and Overview of the Nevada Economy: The top three sectors by total employment are Real Estate and Rental and Leasing, Accommodation and Food Services, Retail Trade, while the unemployment rate across the state in 2022 was 4.8%.
AESTHETIC THEORIES
Subjective
Based on or influenced by personal feelings, tastes, or opinions
Precarious Balance
Precariously: If something is happening or positioned precariously, it's in danger. A glass could be precariously balanced on the edge of a table. If something is on the verge of danger, then the word precariously fits.
Semblance
Semblance is generally used to suggest a contrast between outward appearance and inner reality.
Phantasmagorical
Having a fantastic or deceptive appearance
adjective. having a fantastic or deceptive appearance, as something in a dream or created by the imagination. having the appearance of an optical illusion, especially one produced by a magic lantern.
Law of Polarity in Relationships
In any successful relationship that has an intimate connection and sexual attraction, there is polarity. What does this mean exactly? Polarity in relationships is the spark that occurs between two opposing energies: masculine and feminine. Gender does not affect whether you have masculine or feminine energy.
Second Reflection
Burden Aesthetics with Intentions
The Second Reflection lays hold of the Technical Procedures
CRIMINOLOGY THEORIES
Choice Theory: The belief that individuals choose to commit a crime, looking at the opportunities before them, weighing the benefit versus the punishment, and deciding whether to proceed or not.
Classical Theory: Similar to the choice theory, this theory ascertains that people think before they proceed with criminal actions; that when one commits a crime, it is because the individual decided that it was advantageous to commit the crime.
Critical Theory: Critical theory upholds the belief that a small few, the elite of the society, decide laws and the definition of crime; those who commit crimes disagree with the laws that were created to keep control of them.
Labeling Theory: Those who follow the labeling theory of criminology ascribe to the fact that an individual will become what he is labeled or what others expect him to become; the danger comes from calling a crime a crime and a criminal a criminal.
Life Course Theory: The theory that a person’s “course” in life is determined by short (transitory) and long (trajectory) events in his life, and crime can result when a transitory event causes stress in a person’s life causing him to commit a crime against society.
Positivist Theory: The positivist rejects the idea that each individual makes a conscious, rational choice to commit a crime; rather, some individuals are abnormal in intelligence, social acceptance, or some other way, and that causes them to commit crime.
Rational Choice Theory: Reasons that an individual thinks through each action, deciding on whether it would be worth the risk of committing a crime to reap the benefits of that crime, whether the goal be financial, pleasure, or some other beneficial result.
Routine Activity Theory: Followers of the routine activity theory believe that crime is inevitable, and that if the target is attractive enough, crime will happen; effective measures must be in place to deter crime from happening.
Social Learning Theory: Social learning indicates that individuals learn from those around them; they base their morals and activities on what they see others in their social environment doing.
Strain Theory: The theory holds that individuals will turn to a life of crime when they are strained, or when they are unable to achieve the goals of the society, whether power, finance, or some other desirable goal.
Trait Theory: Those who follow the trait theory believe that individuals have certain traits that will contribute to whether or not they are capable of committing a crime when pushed in a certain direction, or when they are in duress.
Consensual or Victimless Crime: Consensual crime refers to crimes that do not directly harm other individuals or property. Rather, individuals choose to participate in risky behaviors that may be considered against the law. This includes indulging in drug use, prostitution, or obscenity.
VICE SCRIPT MOVEMENT
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If average global temperature rises are to be limited to 1.5 degrees Celsius above preindustrial levels (in line with the 2015 Paris Agreement), climate finance globally will need to increase to about $9 trillion a year globally by 2030, up from just under $1.3 trillion in 2021-22.
According to the International Energy Agency, 30 percent of climate finance globally needed—around $2.7 trillion—will have to come from the public sector, with the remaining 70 percent coming from the private sector.
This is the scale of the world’s climate finance needs. However, when viewed in the context of governments’ other spending priorities, $2.7 trillion in public money is achievable. Indeed, in 2022 governments spent $7 trillion on fossil fuel subsidies alone.
A large portion of that $2.7 trillion must flow to developing countries in the form of grants and concessional loans. Official development assistance (ODA), provided by traditional donors in the Organization for Economic Cooperation and Development (OECD), will not get us there alone. ODA hit a record high of $287 billion in 2022 but only because developed countries shifted resources to aid in Ukraine’s defense; in previous years, it hovered around just $236 billion. A surge of right-wing politics in the United States and Europe has forced budgets down, and even Emmanuel Macron’s liberal government in France has reneged on previous aid commitments.
For all but a few emerging economies, developing countries’ greatest climate challenge is not solely a lack of private finance for mitigation projects but a lack of low- or no-cost public finance for adaptation and loss and damage efforts. Despite their social returns, adaptation projects such as infrastructure upgrades and sea walls do not deliver immediate financial returns to investors and are notoriously difficult to scale for the private sector.
Both developed and developing countries have been vocal about the need for new forms of public climate finance beyond ODA, and they are considering different options under the rubric of “innovative finance.” The recognition has been particularly important in discussions on the newly created Loss and Damage Fund. At last year’s U.N. Climate Change Conference in Dubai, or COP28, countries pledged around $700 million to capitalize the fund—including an unexpected $100 million from the United Arab Emirates—but it will need billions of dollars to respond to more than one country crisis. This is why the fund’s bylaws encourage its capitalization through a “wide variety of sources, including innovative sources” inside and outside the Paris Agreement.
There is no single agreed definition of innovative finance, but it generally refers to any financing mechanism or arrangement that mobilizes, governs, or distributes resources beyond ODA. Most innovative finance mechanisms, such as “blue bonds” or the International Monetary Fund’s Special Drawing Rights, still depend on loans and the largesse of rich countries, whose leaders also face tough inflation and consequential elections. These are just two reasons why such initiatives have stalled or failed to live up to expectations.
On the resource mobilization side, many countries have come out in favor of new global taxes to fund climate needs in developing countries. Here, as in other areas of climate, small island states and low-income countries are providing essential leadership. They are also finding allies in the global north. Taxes on shipping, fossil fuel production and subsidies, air travel, financial transactions, and extreme wealth feature prominently in agendas to reform the international financial architecture, such as Barbados’s Bridgetown 2.0 and African leaders’ Nairobi Declaration, and in the recent Paris Pact for People and the Planet. These calls have been taken up by a new International Tax Task Force, launched by France and Kenya at COP28, to deliver a verdict on the options available.
Beautiful ideas and big numbers abound, but the real challenge is more direct: Who pays? Industries will always pass the tax on to the consumer—but which consumers, where? There is also a question of equity and justice: Why should consumers in developing countries be taxed to pay for a problem they did not create?
It’s possible to create taxes that incorporate such concerns. Founded in 2006 by Brazil, Chile, France, Norway, and the United Kingdom and hosted by the World Health Organization, Unitaid is a successful global health program for low- and middle-income countries that receives over half its funding from air passenger levies. The levies—introduced as low as 1 euro for economy seats on flights within Europe and up to 40 euros for business seats on long-haul flights—are collected and earmarked for Unitaid by governments in 10 developed and developing countries. By 2012, the levies were raising between 162 million and 175 million euros per year, totaling 1 billion euros since its creation. According to an assessment by the French government in 2009, “The introduction of the levy had no apparent effect on the volume of air traffic passing through French airports nor on the volume of air traffic affecting France.”
But finding examples of similar financing success is hard, especially on a global scale. Many options have been proposed, such as taxes on shipping, aviation, fossil fuel production or exchange, financial transactions, and extreme wealth, but only shipping has made serious institutional progress. Last year, countries in the International Maritime Organization (IMO) agreed on a decarbonization strategy for the shipping industry that depends on the introduction of a global tax. This would make a tax on shipping, responsible for 3-4 percent of global emissions, the first global carbon tax. According to estimates from the World Bank, such a tax could raise $40 billion to $60 billion per year.
That is the upside. The downside is that the shipping industry and many countries with shipping interests are willing to agree chiefly because they expect the revenues to flow back into the shipping industry to fund their push for ships and ports running on accessible, but still expensive, hydrogen and ammonia fuels. It is difficult to achieve a global tax; it is more difficult still to retain the revenues. As of the last IMO meeting in March, a proposal spearheaded by a group of Pacific small island developing states that would allocate the majority of the revenue to broader climate objectives is one of several options being considered as the economic measure to deliver the decarbonization strategy.
A number of countries have expressed interest in establishing international climate solidarity levies, or ICSLs, to pay for addressing loss and damage, but the campaign is still waiting for a developed-country champion. Should one emerge, ICSLs at the national or city level could raise substantial and predictable additional revenues for the Loss and Damage Fund. Oxford Climate Policy’s Benito Müller, a leader in the current campaign for ICSLs, estimates that a 5 euro air levy on all air tickets across the European Union would have raised around 1 billion euros in 2019, while—following the proposal by the IMO’s Emission Reduction Scheme—a levy of 10 euros per maritime container across the same jurisdictions would in 2021 have generated 924 million euros.
In the end, taxes and levies are a question not of economy per se but of political economy. This is the challenge before the International Tax Task Force: to evaluate and advance proposals based on political feasibility as well as projected impact.
Consider one prominent idea, for a global tax on extreme wealth where billionaires are charged some small portion of their net worth every year. Gabriel Zucman, a top French economist, has championed the idea, as has French Finance Minister Bruno Le Maire, who said in April: “This is exactly what we did with minimum taxation on corporate tax. … It would be the same on the international taxation for the wealthiest individuals.”
Just days after Le Maire’s endorsement, finance ministers from Brazil, Germany, South Africa, and Spain endorsed the idea of a 2 percent minimum global tax on billionaires. In a co-written Guardian article, the ministers declared that such a tax would “boost social justice and increase trust” as well as generate more than $250 billion in revenues for governments to invest in public goods. The ministers also urged the G-20 to take up the idea on its agenda at its July meeting, in Brazil. While this is encouraging, U.S. Treasury Secretary Janet Yellen dismissed the “notion of some common global arrangement for taxing billionaires with proceeds redistributed in some way. … That’s something we can’t sign on to.” The wealth tax may move forward despite Washington’s concerns, but it is unlike to involve any formal mechanism for redistributing revenues across countries.
Innovative finance is not a silver bullet, nor is it a substitute for developed countries’ existing climate and development obligations. The majority of public funding for climate finance will still have to come from direct government outlays. This requires strong and empowered public sectors in developed and developing countries alike. Recent gains in international tax reform suggest a way forward. More than 140 countries have agreed to impose a minimum effective rate of 15% on corporate profits, a policy launched by OECD countries in 2021. Tax reform efforts in the UN have also picked up speed. Following a historic breakthrough at the UN General Assembly in November 2023, the UN has started the negotiation of the terms of reference for a new Framework Convention on International Tax Cooperation.
Despite the obstacles, we are at an inflection point in the long battle for new global taxes for climate. In addition to the leadership of developed-country and emerging-economy first movers, the continued leadership of small island states is essential. Small island states are champions of ambition by necessity. They sounded the alarm early and led the campaigns for adaptation and loss and damage finance, including in ambitious, practical, and yes, innovative, forms. Today, the world is closer than it has ever been to implementing a global carbon tax—thanks not to the great powers but to the small island states that found a way forward.
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Unit 5 blog
Growing up in Barbados, an island known for its natural beauty, I was always drawn to the environment around me. From the turquoise waters that seemed to stretch endlessly into the horizon to the lush greenery of sugar cane fields, mangroves, and gardens, Barbados is a place where nature envelops you. As a child, I remember spending hours on the beach, captivated by the rhythmic ebb and flow of the waves, collecting seashells, and curiously observing the tide pools for small crabs and fish. My love for the environment started here, but as I grew, so did my fascination with the science behind it all.
The warm, tropical climate and the island’s diverse ecosystems provided a perfect backdrop for a young mind eager to explore. School lessons often included field trips to places like Welchman Hall Gully, where we learned about the native plant species that populated our island, or Harrison’s Cave, a limestone wonder where I first marveled at the geological processes that had shaped this underground world. It wasn’t just the beauty that interested me; it was the why and how behind these formations. Why did the coral reefs around the island look the way they did? How did the trade winds affect the weather patterns that brought us cooling rain showers? These questions sparked a deep curiosity in me, one that would lead me to pursue the science behind nature.
Barbados, though small in size, is remarkably biodiverse. Growing up, I would often hear about efforts to protect our reefs, which, I later learned, were essential to both our environment and economy. The coral reefs acted as a barrier, protecting the island from strong ocean currents and storms, but they were also home to countless species of fish and marine life. Unfortunately, I also became aware of the threats these ecosystems faced, such as coral bleaching, caused by rising sea temperatures, and the pollution from human activity that affected both land and sea. My concern for the environment soon evolved into a deeper interest in understanding environmental science, particularly the impact of climate change on small island nations like Barbados.
In school, I found myself drawn to subjects like biology and chemistry, where I learned about ecosystems, biodiversity, and the chemistry of the atmosphere. I started to understand how interconnected everything was—from the smallest microorganisms to the larger climate systems that regulate the Earth’s temperature. The science behind photosynthesis fascinated me; the fact that plants, which I had admired for their beauty, were quietly working to produce oxygen and absorb carbon dioxide, playing a critical role in the balance of life on Earth, felt almost magical.
As I grew older, I became more involved in local environmental initiatives. I joined beach cleanups, participated in tree-planting projects, and became a part of youth groups focused on environmental conservation. Through these activities, I met like-minded individuals who shared my passion for the environment and the desire to protect it for future generations. I also realized that while Barbados is a small island, the environmental issues we face are part of a much larger global problem. The rising sea levels that threaten our coastal communities are a result of global climate change, driven by greenhouse gas emissions from countries far beyond our shores.
This realization pushed me to consider the broader implications of environmental science. I wanted to understand not just the local impacts, but the global ones as well. This led me to pursue studies in environmental science, focusing on areas like climate change, sustainability, and conservation. The more I learned, the more I realized how critical it is for all of us to take action, no matter where we live. Barbados, like many island nations, is on the frontlines of climate change, and it’s up to us, as stewards of the planet, to protect and preserve our environment.
Looking back on my journey, I see how growing up in such a naturally rich and diverse place shaped my interests and career path. Barbados taught me to appreciate the beauty of nature but also instilled in me a deep sense of responsibility to understand and protect it. Today, I continue to explore the science behind the environment, driven by the same curiosity and passion that began in my childhood.
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Manifested my vacation – "You are in Barbados"
In August, I decided to go on vacation in September.
However, I had a certain budget and I underestimated how sought after September vacations are.
It's because the weather is perfect. Slightly cooler than August, but still hot enough to enjoy the beach.
Finding a place to stay wasn't easy. A lot of hotels and vacation homes asked for very high prices.
But I wanted these things:
- a private home
- a balcony with beach view
I couldn't find what I wanted within my budget, and I almost compromised. I thought if my stay was a little bit shorter or I get a home without balcony or beach view, I could make it.
Then I remembered Neville and Abdullah.
I remembered the legendary story of the door slam.
When Neville wanted to go to Barbados, but didn't know how, and Abdullah just slammed the door in Neville's face when he asked what he should do.
Abdullah just said: "You are already in Barbados"
So Neville pretended to be in Barbados, and the rest is history.
I got inspired and pretended to be already standing on the balcony.
I remember when I visited my mom in hospital (don't worry, she's fine now) and I went to the balcony.
The view was crappy. You could just see a parking area, some old, ugly buildings and a few nurses smoking cigarettes in front of the entrance. It smelled like disinfectant and cigarette smoke and exhaust fumes and you could hear cars accelerating and honking occasionally.
That didn't stop me from using my imagination.
I imagined I was standing on the balcony of a vacation home, looking at the waves, smelling the beach, feeling a nice breeze on my skin.
I relaxed, as if I was happy to be where I wanted to be. I even said to my dad and my sister jokingly, look at the beautiful beach! Don't you smell the sea?
My dad and sis just laughed and said I have a very vivid imagination.
Indeed, and I got what I wanted.
I just started trusting myself and I kept looking for homes and kept sending messages to landlords with interesting homes.
Finally, I found a very nice apartment. I'm in it right now as I'm typing this.
It was close. I almost ran out of time or compromised, then I remembered Neville and acted as if my desire was already there.
I'm just enjoying life and thinking about what I want to manifest next.
Perhaps I'm overthinking. Maybe I should just go with the flow and turn any desire that comes to me to reality.
Maybe I want to live here permanently? Maybe I want a new car or something else. So many choices.
-shockmaster
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Island of Peludo (F/M, tickling, fur fetish)
The waves crashed against the dark hull as the tiny sloop ship rocked slightly from side to side, traversing the calm clear blue waters. ‘Midnight Horizon’ read at the rear. At the wheel Arthur, the new captain, corrected the course as he turned it gently. Taking in the sea air, he took a deep breath. It had been a long day of sailing the Caribbean, looking for easy targets to rob and plunder. The blonde haired man dressed in a black trench coat and a white flowing shirt had a clear heading in his mind.
Midnight Horizon was a small ship, a humble one for an ambitious pirate. After serving as a privateer for the Royal Navy and being given the boot, Arthur had sneaked into the harbor and captured the ship in the dark of the night. The ship was dark brown, almost black. Beige sails were hoisted in the masts, along with a menacing black flag. Decked with a few cannons the ship was equipped to defend itself against and attack smaller ships. Against a galleon, however, the ship was almost pathetic in size.
Arthur’s first mate Charles stood at the bow, watching for land. Arthur had recruited Charles after he had witnessed him win a bar fight. Charles fancied the pocket watch of another customer and took it by force. Deeming him as a capable man, Arthur had approached him. Together they had gathered a small crew loyal to the duo. Charles had long brown hair and wore a white shirt with a brown leather vest.
“Peludo, Peludo, Peludo…” Arthur murmured to himself with a breathy voice.
Peludo was a small island between Cuba and Jamaica, approximately the size of Barbados. Initially a Spanish colony, it had recently declared its independence from Spain. It had become a hub for trade. Everyone was welcome on the island. Spain had let the island go, not deeming it worth it to retake. It was a mistake, however, since after gaining independence, the inhabitants of Peludo discovered extensive deposits of gold, silver, and rare gemstones in the island's mountains and riverbeds. The island was led by one Theodora De La Cruz. A former Spanish noble, her father had spearheaded the independence movement and after his death Theodora had taken the reins.
“We’ll be rich soon, lads!” Charles yelled from the bow, promising great wealth and affluence for the crew.
Since gaining independence, Peludo had become a hub for trade and commerce open for everyone. Merely seeing this as an opportunity, Arthur and Charles had conjured up the idea of robbing Theodora and her prosperous town.
Arthur, the more cautious and strategic of the two, turned to Charles. "We need to be smart about this. Theodora De La Cruz isn't just any leader. She's cunning and well-guarded."
Charles nodded, his usual bravado tempered by Arthur's words. "Aye, but we've got the element of surprise on our side. No one would expect us to strike at the heart of Peludo."
“That be true, Charles,” Arthur responded, taking a quick drag from his pipe and blowing dark smoke into the air, the wind blowing it away.
“Land, ho!” Charles yelled, his eyes gleaming with anticipation as he pointed towards the distant silhouette of Peludo emerging on the horizon.
Arthur squinted at the island, his mind racing with the details of their plan. “Remember, we dock as traders. Keep your weapons hidden and your wits sharp.”
Arthur quickly sent the crew to lower the black flag. As they approached the bustling port, they marveled at the diversity of ships anchored there—traders from all corners of the world, lured by the island’s riches. The market was a vibrant tapestry of cultures, with merchants selling everything from spices to silks, and, of course, the precious metals and gems that had made Peludo so prosperous.
Arthur and Charles disembarked, blending seamlessly into the throng of people. They made their way through the crowded streets, their eyes constantly scanning for any sign of Theodora. The island's prosperity was evident in the well-maintained buildings and the general air of affluence.
Arthur and his crew traversed through the bustling markets and streets, hearing all kinds of dialects and tongues: Spanish, English, Creole, and others. The colorful stalls were filled with exotic goods, and the air was thick with the scents of spices and fresh fruit. Laughter and haggling voices added to the lively atmosphere.
“See all this? Think of how rich we’ll be tomorrow,” Charles whispered, cackling evilly to himself as he eyed the bustling market filled with valuable goods.
“Patience, Charles. We’ll be drowning in gold yet, but we must keep our wits about us and be smart,” Arthur responded, his voice steady and calm. He took a quick drag from his pipe, blowing a thin stream of smoke into the air that quickly dispersed in the warm breeze.
Quickly, the crew found themselves in front of the town hall just on the edge of the market, the two-story Spanish colonial style building looming over the vendors’ shacks. The whitewashed walls and red-tiled roof stood in stark contrast to the vibrant, makeshift stalls surrounding it. The building's grandiose presence was a testament to the island’s rich history and current prosperity.
They saw a chariot being pulled by two massive white horses. The chariot's wooden wheels were accented by golden rims. The chariot itself was light blue and the doors were decorated with intricate carvings of sea waves and dolphins, giving it a regal yet nautical appearance. The golden trim glinted in the sunlight, casting dazzling reflections on the cobblestone streets.
Arthur and Charles exchanged a quick glance, recognizing the chariot as Theodora's personal transport. They moved closer, mingling with the crowd to get a better view.
The chariot came to a stop in front of the town hall, and Theodora herself emerged, her presence commanding immediate attention. She wore a dress of light blue, adorned with silver embroidery that caught the light with every step. Her dark brown hair curled down to her shoulders, framing her face elegantly. Ornate silver earrings dangled from her ears, catching the sunlight. Her hat was decorated with an array of blue feathers, their soft tendrils flowing in the wind. Draped over her shoulders was a massive baby blue fox fur stole, its luxurious tails hanging and swaying from each end.
Arthur and Charles watched from a distance, taking in every detail. Theodora's regal appearance and confident demeanor only reinforced her formidable reputation. As she moved through the crowd, she greeted the vendors with a graceful nod, her presence exuding authority and charm.
“She’s quite the figure,” Charles whispered, his eyes following the swaying tails of the stole. “But we need to focus on the plan.”
Arthur nodded, his eyes narrowing as he kept his gaze on Theodora. “Aye. We need to gather as much information as we can.”
They trailed her discreetly through the bustling market, blending in with the crowds of people. Theodora stopped at various stalls, speaking with the merchants and examining their goods. Her interest in the market was clear, but Arthur and Charles were more interested in the snippets of conversation they overheard.
“She’ll be gone tonight,” one of the vendors whispered to another as they passed. “Off to a meeting with the trade delegates. Her manor will be empty.”
Arthur's ears perked up at this. He nudged Charles, who grinned in response. This was the opportunity they had been waiting for.
“We’ll sneak into her manor after sundown.” Arthur declared, the plan slowly unfolding in his head. “We’ll send the others to rob the stalls and warehouses. You and I will take her house together.”
“Sounds like a plan, mate,” Charles giggled, rubbing his hands together in greed.
As the sun began to set, the duo made their way back to the Sea Serpent to prepare their crew for the night's endeavor. They reviewed their plan, ensuring every man knew his role. The ship bustled with activity as the crew readied themselves, each member knowing the importance of their task. The docks would serve as the primary distraction, while Arthur and Charles would strike at the heart of Theodora's wealth.
As night fell, Charles and his men moved through the darkened streets like shadows. They carefully picked locks and moved silently, taking only the most valuable items and avoiding detection. The market, bustling by day, was eerily quiet, and their work went unnoticed by the few guards and townsfolk still around.
Meanwhile, Arthur and Charles approached Theodora’s manor. The guards had thinned out, most of them stationed near the entrance or patrolling the grounds. Arthur led Charles to a side entrance they had scouted earlier, a small door partially hidden by ivy.
Behind the manor, they found a small shack nestled amidst the overgrown foliage. Inside, a ladder leaned against the wall, its wooden rungs weathered by time and neglect. Arthur and Charles exchanged a knowing glance, recognizing the ladder as a potential means of entry into Theodora's private quarters.
With practiced stealth, they lifted the ladder and carried it to the side of the manor. Arthur positioned it beneath a second-story window, ensuring it was stable and secure. Charles climbed up first, his movements agile yet gentle, making sure not to make too much noise.
Once Charles reached the window, he motioned for Arthur to follow. With a silent nod, Arthur ascended the ladder, his heart pounding with anticipation. He joined Charles on the narrow ledge outside the window, their breaths shallow as they prepared to breach Theodora's inner sanctum.
With a deft hand, Charles tested the window latch, finding it unlocked. He eased the window open, the hinges barely creaking in protest. Arthur followed suit, slipping through the narrow opening and into the dimly lit room beyond.
Inside, they found themselves in a lavish bedroom, its furnishings elegant and refined. A four-poster bed dominated the space, draped with sumptuous fabrics and adorned with intricate carvings. Ornate dressers and cabinets lined the walls, their surfaces gleaming with polished wood and gilded accents.
With a sense of urgency, Arthur commanded, "Start checking the drawers."
Charles nodded, his hands moving swiftly as he began to search through the drawers of the ornate dressers. He rifled through them methodically, his fingers skimming over fine jewelry and objects in search of treasures.
As Arthur opened the doors to the cabinets, revealing the extensive collection of fur clothing, his eyes widened in disbelief. Full-length coats, hats, and stoles of different colors and sizes adorned the shelves, each piece more luxurious than the last. The soft, velvety fur shimmered in the dim light of the bedroom, casting a spell of opulence over the room.
"Sink me," Arthur whispered, his voice barely audible over the rustle of fur. He reached out, running his fingers over the plush material, marveling at its exquisite quality.
Charles, drawn by Arthur's excitement, hurried over to join him. Together, they sifted through the garments, their hands trembling with anticipation. Each piece seemed more valuable than the last, a testament to Theodora's wealth and status.
“Think how much we can sell these for,” Charles whispered, his eyes open in excitement.
"Filthy rich, we'll be," Arthur responded, his fingers caressing the sleeve of a coat, its soft fur yielding under his touch. He couldn't help but marvel at the luxuriousness of the garment, the sensation of the fur tickling his skin ever so slightly.
"Let's start packing them!" Arthur declared, pulling out two bags with a sense of urgency. He wasted no time in stuffing the fur garments into the sacks, his movements swift and determined.
Charles eagerly followed suit, his own bag quickly filling with the precious loot. The weight of their newfound riches hung heavy in the air, fueling their excitement and driving them forward.
"Did you see anything else?" Arthur asked, his gaze sweeping the room as he prepared to make their exit. The bags were filled to the brim with the elegant and opulent furs, their weight a tangible reminder of the riches they had acquired. There were some left on the floor, not fitting into their bags anymore.
“I found some jewelry in the drawer. I already stuffed me pockets,” Charles answered, stuffing his hand into his left pocket and pulling out a ruby necklace. He dangled it for a bit and then put it back.
Creak.
The duo heard a door open in the hallway beyond the crime scene. They looked at each other in shock.
“Theodora,” Charles whispered, his eyes open with terror.
"Aye," Arthur responded, his mind racing as he searched for a way out of their predicament. "Throw the booty out of the window, and then we'll climb down!"
"Good idea!" Charles agreed, his hands trembling as he hastily threw the bags out the window. They plummeted through the air, landing in a heap on the ground below. “I’ll go first!”
“Alright, but make it quick!” Arthur responded, shooing Charles with his hands and looking over at the bedroom door.
Step.
Step.
Step.
As Charles descended the ladder, Arthur kept a nervous watch on the bedroom door, his heart pounding with fear. Theodora's footsteps grew closer, each one sending a chill down his spine. They were running out of time.
Just as Arthur was about to make his escape, Charles suddenly pulled the ladder away, throwing it to the side with a clatter. Arthur's eyes widened in shock as he realized what his companion had done.
"What are you doing?" Arthur hissed, panic rising in his chest.
“I’m sorry, Arthur, but it’s time I be captain. The Midnight Horizon belongs to me now. Don’t worry, I’ll take good care of it,” Charles said, winking his eye at Arthur. The betrayal, the treachery.
"Mutiny! Traitor! Judas!" Arthur's voice echoed through the room, filled with rage and despair as he watched Charles grab the heavy fur-filled bags and flee into the darkness, leaving Arthur to face Theodora alone.
As Theodora and her guards closed in, Arthur knew that his fate was sealed. He had been outsmarted and outmaneuvered by his own companion, his dreams of wealth and glory shattered by Charles's treachery.
Bang!
As the bedroom door swung open with a resounding bang, Arthur found himself face to face with two of Theodora's guards, their swords gleaming in the dim light of the room. His heart pounded with adrenaline as he braced himself for the confrontation that awaited him.
With swift, practiced movements, the guards advanced into the room, their eyes fixed on Arthur with steely determination. There was no mercy in their gaze, only the cold, unyielding resolve of those sworn to uphold Theodora's will.
Arthur raised his hands, completely out of options. Surrendering was his only chance at making it out of this predicament. “I surrender!” Arthur sighed, looking down and a single tear falling from his eye.
He lifted his gaze and saw Theodora gracefully walking into the room, her baby blue fur stole swaying with each step. She scanned the room, glancing at the open cabinets and drawers. She saw the leftover furs scattered on the floor. Walking over to them, Theodora knelt down and lifted up a silver fox jacket. Theodora looked at it and dropped it to the floor once more. Rising up, she looked over at Arthur, whose heart was ready to beat out of his chest.
"¿Quién eres, hm? Who are you?" Theodora's voice was calm yet commanding, her words cutting through the tense silence like a knife.
Arthur swallowed hard, summoning every ounce of courage he possessed as he met her gaze head-on. "My name is Arthur," he replied, his voice steady despite the fear that gnawed at his insides. "I'm just a humble sailor, caught up in circumstances beyond my control."
He watched as Theodora's expression softened ever so slightly, a hint of curiosity flickering in her eyes. But beneath her facade of composure, Arthur could sense the calculating mind of a ruler who saw through his facade and sought to uncover the truth lurking beneath.
"I... I can explain," Arthur stammered, his mind racing as he searched for words to defend himself. But try as he might, he knew that there was little he could say to absolve himself of the crimes he had committed.
Theodora regarded him with a cool detachment, her eyes narrowing as she assessed his every word and gesture. She was a woman accustomed to power and authority, unyielding in her resolve to maintain control over her domain.
"You may have intended to rob me," she continued, her voice soft yet commanding, "but you have failed. And for that, you will pay the price." She lifted her right hand, placing it on the shoulder of a guard gracefully and squinting her eyes and smirking to herself. “Llévalo al calabozo de las cosquillas.”
Not understanding Spanish, Arthur's heart raced as he was led away by the guards, confusion clouding his mind as he tried to make sense of Theodora's cryptic command. He couldn't understand the words she had spoken, but the look of satisfaction on her face sent a chill down his spine.
They reached their destination: a dimly lit chamber with stone walls and a single barred window. The guards shoved Arthur inside. Falling on his knees, he was lifted up and undressed. The guards peeled away his coat, shirt, slacks and boots, leaving him naked. They lifted his arms and attached them to shackles that hung from the ceiling. In the middle of the room was a padded metallic stool with stocks attached to it. One of the guards took Arthur by the legs and lifted them on it, securing his feet into the stocks.
Arthur was on his knees on the stool, with his wrists shackled to the ceiling and ankles restricted by the stocks. He tried swinging but the stool was too heavy. He wasn’t going anywhere. Arthur heard heels clicking and closing in on the cell. He saw Theodora making her way down the dungeon corridor, dragging behind her one of the bags that was dropped.
She stepped into the room, placing the bag just next to Arthur. "So, you thought it was a good idea to rob me, hm?" Theodora's voice was soft yet cutting, her words laced with an undercurrent of menace. Arthur could feel her eyes boring into him, piercing through his defenses with their intensity.
"I-I-I'm sorry," he stuttered, his gaze fixed on the cold stone floor beneath him. He could feel Theodora's eyes on him, their gaze like daggers piercing through his defenses.
Arthur shivered as Theodora's fingers trailed across his chest, her touch both gentle and menacing. Her presence was overwhelming, and the cold air of the dungeon seemed to thicken with tension. "I'm sorry but that will not cut it," she said, her voice a blend of sweetness and threat. She continued to circle him, her hand never losing contact with his skin, sending shivers down his spine.
After finishing the round, Theodora stood before Arthur, taking in the sight of him bound and helpless. She took a hold of a single tail of her stole, brushing the soft fur under his chin. “Do you know what this place is, hm?” She trailed the stole under his chin from ear to ear. The fur teased his skin, sending tingles down his neck.
“N-n-no, madam,” Arthur admitted.
Theodora's smile widened at his response. She released the stole and moved behind him, her hands gently stroking his sides. Arthur could feel her breath on his neck, the proximity of her presence both comforting and terrifying.
“This is my tickle dungeon,” she whispered, her fingers starting to skitter along his sides.
“The Wha-HAHAHAHAHAHAHAHAHAHAHAHAHAHA!” Arthur laughed, feeling Theodora’s tickling fingers on his bare sides.The light, rapid flicking of her nails was intense, and Arthur's body jerked involuntarily as he tried to escape the ticklish onslaught.
“That’s right,” Theodora continued, her voice smooth and sultry. “I bring people here to punish the poor criminals of my island. To torture them with teasy, tantalizing, torturous tickling. We do not have a prison but this space under my manor instead, designed to make offenders like you howl with laughter and beg for release.”
Arthur twisted in his binds, laughing and cackling to no end. Theodora’s wiggling fingers descended, targeting his sensitive waist line. “You have no idea how many people I’ve brought here to tickle and torment,” Theodora teased, her voice dripping with a mixture of amusement and menace.
Arthur’s laughter became more frantic as Theodora’s fingers explored his waistline. Each tickling stroke of her fingers sent electric jolts of sensitive torment up his nerves. Theodora had not tickled him for long, yet had him howling like he had been tortured for hours.
“I’ve had pirates, thieves, and all manner of scoundrels in these very stocks,” Theodora continued, her fingers never ceasing their relentless assault. “Some thought they could outsmart me, others thought they could overpower me. But in the end, they all learned the same lesson,” she teased in his ear. “Cross my trust and you get tickle, tickle, tickled.”
“HAHAHAHAHA! LET ME GO! HAHAHAHAHAHA!” He commanded but his pleas fell on deaf ears as Theodora continued abusing his sensitive waist, causing Arthur to twist and turn, but unable to evade the ticklish onslaught.
“I am afraid I am unable to fulfill your request, my ticklish pirate,” Theodora clapped back, her fingers never slowing. “You see, this is your punishment. You wanted to steal from me, and now you must pay the price in laughter.”
Arthur’s cheeks turned, realizing the severity of his ticklish predicament. He wasn’t going to be let go soon. He was Theodora’s to tickle and torture as long as she would like. Nothing would stop her from tickling him to death as punishment.
Theodora’s fiendish fingers traversed upwards, easing up on his waist. They traveled back up his sides, eliciting loud laughter out of Arthur. Taking a pause, Theodora concentrated her tickling at his sides for a moment, driving him wild with desperate ticklish howls, before traveling upwards towards his wide open armpits.
Theodora moved back in front of him, her fingers teasing his armpits. She stepped closer, their bodies nearly touching, the soft fur of her stole brushing against his chest, adding a layer of pleasant sensations to Arthur's already overwhelmed senses.
"You see," she whispered, her breath warm against his ear, "this is what happens to those who try to take what is mine." Her fingers began to explore his armpits with renewed vigor, her nails lightly scratching the sensitive skin. “What is your name, hm?”
“AHAHAHAHAHARTHUHUHUHUHUR!” He answered, his cackling making it hard to form coherent words.
“Arthur?” Theodora repeated, her voice gentle, smooth and sultry. “Such a strong name, such a strong figure yet so sensitive and ticklish,” she teased, biting her lip and sighing gently. “Tan cosquilloso…”
Arthur’s laughter echoed off the tickle chamber’s walls, the sounds of desperation amplifying with each bounce. His laughter and pleas were like music to Theodora's ears, a symphony of his suffering that she conducted with expert precision.
"Yes, that's it," she purred, her fingers never ceasing their relentless dance over his sensitive skin, now focusing on his helpless ribs. "Let it out, Arthur. Let all that resistance melt away. Laugh for me. It tickles. Hace cosquillas, sí. Coochie coochie coo."
Her nails trailed down his ribs, electric jolts of ticklish agony coursing through his body. Arthur's muscles twitched and spasmed involuntarily, his mind a whirlwind of hysteria and exhaustion. Each touch was both a torment and a strange, humiliating pleasure that he couldn't escape.
The fur of her stole continued to brush against his chest and stomach with every turn, the softness a stark contrast to the relentless tickling that had left Arthur's skin tingling and hypersensitive. Even in his state, the sensation was surprisingly intense yet pleasant, a reminder of Theodora's power over him.
Theodora took notice of the stole caressing his chest. She slowly ceased her tickling, stepping back for a moment. As Arthur's laughter subsided, he became acutely aware of the soft fur against his skin, a welcome respite from the overwhelming sensations he had just endured.
"Enjoying the sensation, are we, Arthur?" Theodora's voice was playful, her eyes sparkling with amusement. She reached out and ran her fingers lightly over the fur, tracing the intricate patterns with delicate precision.
"Yes," he admitted, his voice barely above a whisper. "It feels... nice."
Theodora looked over at the bag she had brought with her to the dungeon. “I see you were trying to rob me of my furs, Arthur. You and your friend…”
Arthur grinded his teeth at the mention of Charles, the treacherous scallywag. “Charles… the bastard… How did you get that bag?”
"I see the mention of your friend angers you, Arthur," Theodora remarked, her tone calm yet tinged with a hint of amusement. "We caught your friend at the gate. He couldn't get very far. We also captured your crew. They're here, in the dungeon, and a bit... preoccupied. My maids are... taking care of them."
Arthur's heart sank at the news of his crew's capture, his mind racing with worry for their safety. He knew that Theodora's maids were not to be underestimated – they were skilled in the art of tickle torture, just like their mistress, and Arthur feared what fate awaited his comrades in the dungeon.
"Now, the furs. What were you planning to do? Sell them?" Theodora's voice was calm, but there was a steely edge to it. He knew that she was not to be trifled with, especially when it came to her prized possessions.
"Yes," he admitted, his voice barely above a whisper. "We were planning to sell them. We thought... we thought it would be an easy way to make some money."
"Mm, do you know why I have so many furs, Arthur?" Theodora queried, her voice tinged with a hint of mischief. "It's because they're symbols of indulgence, of lust, of decadence."
Arthur listened intently, curious about Theodora's motivations for collecting such opulent garments. He had always admired the luxuriousness of fur coats and stoles, but he had never considered the deeper meaning behind them.
"They're also symbols of power," Theodora continued, her eyes gleaming with intensity. "A woman in fur commands attention, demands respect. And I must confess," she added, her tone growing more husky, "I have a bit of a fetish for them myself. There's something about the way they feel against my skin, so soft, so luxurious."
Arthur swallowed hard, feeling a flush creeping up his neck at Theodora's suggestive words. He had never imagined that she might have a fetish for furs, but now, as he watched her caress the soft fabric with evident pleasure, he couldn't deny the undeniable allure of her confession.
Theodora reached into the bag and lifted out a long, brown, finn raccoon stole. She stepped closer to Arthur and brushed the stole against his inner thighs, tickling under his chin with her other hands. “Wouldn’t you agree?”
Theodora brushed the soft fur against his thighs, shivers of pleasure spreading all over his lower body. He couldn't help but gasp at the sensation, his body responding instinctively to her touch. The fur brushed him ever so gently, causing his member to twitch a little in pleasure.
"Aye," he managed to stammer, his voice barely above a whisper. "I agree."
Theodora smiled, a knowing glint in her eyes. "Bueno," she purred, her voice low and husky. "Because I intend to share with you how pleasurable, how intoxicating fur can be.” With that, she wrapped the finn raccoon stole around Arthur's shoulders, the soft fur enveloping him in its warmth. His skin tingled with pleasure as Theodora's hands stroked the stole, causing the fur to brush against him as well. She leaned in close to his ear again. “To show you what you were so ready to take away from me.”
She struck her fingers on his stomach, suddenly resuming her ticklish torment. Arthur was caught by surprise as he began to giggle once more. Theodora's touch was like lightning, directing bolts of pleasure racing through Arthur's body as her fingers danced over his skin. He couldn't help but laugh, the sensation both torturous and exhilarating at the same time.
"Yes, I'm not done with you just yet, Arthur. You haven’t been tickled and teased enough. I plan on driving you insane with tickles and arousal. I will tickle you and pleasure you with fur until you go mad," Theodora whispered, her voice dripping with mischief. She continued her ticklish skitters, her fingers carving short sensitive paths of tickle on his stomach.
Arthur’s laughter filled the dimly lit dungeon as Theodora's fingers tickled and teased him without mercy. Each stroke sent waves of pleasure coursing through him, leaving him breathless and wanting more.
“But don’t worry, Charles and the rest will receive just as thorough a tickling as you,” she consoled, her teasing words not helping his case. “But not so much pleasure on their part,” Theodora said, taking a hold of her stole and brushing it along Arthur’s twitching sex for a moment.
Arthur’s laughter mixed with slight moans as the soft stole caressed his exposed manhood, the pleasant brushing bringing about a growth spurt in his erection. Noticing his excitement, Theodora giggled and lifted her hat off her head. Forming a claw with her fingers, she stuck her fingers into the blue sea of ostrich feathers on her hat. She plucked a bouquet of long, soft feathers from her hat, her eyes twinkling with erotic mischief. Theodora brought the feathers closer to Arthur's exposed manhood, wiggling the feathers with each moment as they inched closer and closer slowly, teasing him with their wriggling tendrils.
Arthur bit his lip as he felt the feathers brushing against his groin, producing waves of ticklish feathery pleasure coursing through him. His erection throbbed with anticipation, straining against its confines as Theodora continued to tease him with her feathered touches. With her other hand she carried on with tickling his upper body, contributing to the overwhelming sensation of pleasure. Arthur tried to stifle his moans of tickly delight, his arousal growing with each passing moment.
The fur stole hanging from his shoulders added to Arthur's pleasure, the soft hairs brushing against his skin as the stole swayed with his twitches and ticklish squirming. Each movement sent ripples of sensation through him, intensifying the pleasure of Theodora's touches and the feathers teasing his most sensitive areas.
Theodora giggled playfully as she leaned in close to his ear, her warm breath tickling his skin. "Tickle, tickle, tickle…" she whispered, her voice sultry and filled with erotic charge, as she blew gently into his ear.
She let up with the tickling on his upper body as she gave a fast ticklish flurry with her feathers, like a tickle hurricane, before pulling them away. The feathering had left his cock twitching and begging for attention. Theodora stroked it slightly with one pump before circling back behind him. She kneeled down by his feet as Arthur panicked, trying to see behind him.
Suddenly Arthur felt Theodora’s scribbling fingers on his bare feet. Squealing with laughter, he tried to pull forward, wishing to free his feet from the stocks. His feet were incredibly ticklish, and each touch conveyed waves of ticklish pleasure racing through him, driving him to the brink of madness.
But no matter how hard he struggled, Arthur was unable to escape Theodora's relentless tickling, his laughter filling the dungeon once more as she released a newfound flurry of tickle torture on his sensitive soles. With each scribble, Arthur's laughter grew louder, his body writhing as Theodora expertly exploited his most sensitive spots.
“Qué cosquillas tienes en los pies, Arthur,” she teased, knowing he did not understand Spanish. She knew, however, that he would understand the gist of what she had said. There was no language barrier in tickle talk. It would fluster him either way, reminding him of his ticklish trouble.
Her fingers explored his feet thoroughly. She tickled and teased across his arches, forwarding ticklish pleasure through him. She traced circles around his toes, eliciting squeals of laughter as she expertly exploited his most sensitive spots. She knew exactly how to make him squirm and giggle, her touch driving him to the brink of madness with its tantalizing intensity, knowing that she could reduce him to a helpless, giggling mess with just the touch of her fingers.
Theodora lifted her left hand from Arthur's foot, reaching for the feathers once more. Grasping a handful of soft, downy plumes, she held them aloft, a wicked grin playing on her lips as she prepared to resume her ticklish assault. She reached to tickle him behind his knees and the back of his thighs with the feathers. Surprisingly feather sensitive, Arthur jumped at the intense tingling sensations behind his legs. Theodora traced the feathers up, down and around the backs of his legs as she continued to ravage his feet with her tickling fingers.
“Does it tickle, hm? Do you like the feathers, Arthur? Are they ticklish on your legs? Is the tingling sensation you feel intense? Does it feel good, hm? Do you like being tickled, Arthur?” Theodora asked, her tone teasing yet tinged with a hint of seduction.
Arthur could only respond with laughter, his breath coming in short gasps as Theodora's feathers danced over his skin. Each stroke drove pleasure of tickling coursing through him, his body alive with sensation. His cock twitched from the erotic attention he was getting, dripping droplets of precum onto the stone floor of the tickle dungeon.
Seeing the droplets hitting the floor from under the stool, Theodora giggled. "I think you really like being tickled, Arthur," she teased, her voice dripping with tease and seduction. She continued to stroke him with the feathers as she separated them into two bundles.
Theodora rose up from his feet, feathering his legs and back as she stood up. She wiggled her feathers on Arthur’s sides as she made her way back in front of him, her movements graceful and seductive. With each stroke, she drove him to new heights of ecstasy, his senses overwhelmed by the sheer intensity of the experience.
Theodora looked down at his cock, seeing it throb in need of her touch, a knowing smile playing on her lips as she observed his desperate need for release. With a slow and deliberate movement, she reached out her hand, her fingers trailing lightly over his straining length. “I think I’ll tickle you for a little bit longer. What do you think, Arthur?” Theodora's voice was a seductive whisper.
He squirmed and writhed in his restraints, his body aching for release as Theodora continued to torment him with her playful teasing. “Please,” he begged, his voice shaky from the non-stop laughter. “I can’t take more tickling. Just let me cum…”
“Aww, tan necesitado…” she teased, making a duck face with her lips. “Just a bit more tickling…”
With that she coupled the feathers again into one cluster. Almost looking like a feather sword, it was long and menacing, its soft feathers promising intense, arousing soft tickling for whoever was on the receiving end.
She stared at him, directly into his eyes, as she started to kneel slowly with the tickle sword in hand. Arthur's heart pounded in his chest, his body tingling with anticipation of what was to come. He squirmed in his restraints, his skin already sensitized from her earlier treatments, the thought of her feathered touch scaring him a little bit.
With a flick of her wrist, she brought it down upon Arthur's exposed manhood, the soft feathers teasing and tantalizing him with their ticklish caresses. Arthur could only gasp and moan in response, his body writhing and tingling as Theodora's feathered touch drove him to new heights of ecstasy. He lost himself in the sensation, surrendering completely to the pleasure of her ticklish torment as he verbally announced his arousal to Theodora.
“Kitchy kitchy, Arthur… Surrender to the tickle… Relajate… It tickles… It feels so good… It excites you, Arthur… It tickles…” she teased, getting into his head with her maddening tickle talk.
“It tickles… It tickles… It tickles… It tickles…” That phrase echoed in Arthur’s mind, repeating over and over and reminding him of his ticklish predicament. His whole body was on fire. Every nerve, every vein tingled with ticklish pleasure and arousal. He was so close. He was so damn close. He would give everything he had plundered over the years to Theodora just to climax. He would’ve given the Midnight Horizon to her. He would give anything. “It tickled… It tickled… It tickled…” He was going insane.
As Theodora lifted her tickling feathers from his cock, Arthur let out a sigh of relief, his body relaxing slightly as the intense sensation subsided. He watched with anticipation as she reached up and lifted the stole from his shoulders, exposing his bare skin to the cool air of the dungeon.
With each movement, Theodora's graceful hands sent shivers down Arthur's spine, his skin tingling with excitement at her touch. He felt a thrill of anticipation as she peeled away the soft fur, revealing his naked form beneath in its entirety.
With the stole now removed, Arthur felt more vulnerable than ever, his body exposed and at the mercy of Theodora's desires. But even as he trembled with anticipation, he couldn't help but feel a surge of excitement at the thought of what was to come.
With the stole in her hand, Theodora glanced down at Arthur's throbbing cock, her eyes lingering on his arousal before returning to meet his gaze. There was a wicked gleam in her eyes, a promise of pleasure yet to come.
She leaned over, spreading the soft, elegant, fuzzy finn raccoon stole slightly. With that, she wrapped it around his charged manhood, its soft fur wrapping it in a warm, intensely pleasurable cocoon.
Arthur moaned, his whole body tingling with pleasure as the luxurious fur caressed his sensitive skin. Theodora's touch was gentle yet firm, her fingers deft as she adjusted the stole to ensure maximum comfort and pleasure for Arthur. He felt a surge of arousal unlike anything he had ever experienced before.
As Theodora began to stroke his cock with the stole back and forth, Arthur sighed a moan softly at the exquisite sensation. The soft fur glided over his sensitive skin, gently tickling and dispatching intense surges of pleasure flooding through his body with each gentle caress.
Lost in the moment, Arthur closed his eyes, allowing himself to be carried away by the sensations washing over him. With Theodora's skilled furjob filling him with fuzzy and slightly ticklish ecstasy, he knew that he was in for unparalleled pleasure and indulgence, all thanks to the exquisite touch of the fur stole in Theodora's hands.
“Let go, Arthur. Sink into the feeling of the stole on your cock. It totally engulfs you. You’re entirely wrapped up in my soft furs. It feels so soft and pleasurable. Its soft caresses are not like anything you’ve felt before,” Theodora whispered, her voice a sultry purr as she continued to stroke him with the stole.
Arthur's mind was filled with nothing but the intoxicating sensation of the fur stole, its softness enveloping him in a cocoon of pleasure. He let go of all thoughts, all worries, all inhibitions, allowing himself to be carried away by the sheer ecstasy of the experience.
As Theodora's strokes grew more intense, more urgent, Arthur felt himself teetering on the edge of release. With one final, electrifying stroke, he tumbled over the edge, his body convulsing with pleasure as he succumbed to the overwhelming ecstasy of his climax.
As Arthur spasmed with pleasure, the stole continued to stroke him with gentle, rhythmic movements, prolonging his climax and intensifying the waves of ecstasy coursing through his tickled and abused body. Each stroke routed streams of intense ticklish lust rippling through his body, drawing out his release and prolonging the exquisite sensation of bliss.
Finally, as the last waves of pleasure washed over him, Arthur let out a contented sigh, his body limp and spent from the intensity of his climax. He hung there, basking in the afterglow, his mind awash with a sense of euphoria and satisfaction.
Theodora looked at him, a knowing smile playing on her lips as she observed the blissful expression on his face. She leaned in close, brushing a soft kiss against his forehead before stroking his cheek.
"Sleep well, Arthur. I’ll go handle the punishments of your mates now. We’ll have so much more ticklish fun tomorrow," she whispered, her voice a gentle murmur as she turned to leave the tickle dungeon, leaving him to drift off into a peaceful slumber, his body still tingling with the lingering echoes of pleasure.
#women in fur#fur stole#fox fur#tickle content#tickling#f/m tickling#tickletorture#tickle tickle#tickle fic#furfetish
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FLOW - Rats preventing technicians from going up pole - Sutherland, St Lucy - Barbados.
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genshin fic recs (part ?)
other genshin fic recs here genshin fic recs by pairing here personal favorites are starred, by the way. everything is complete unless stated otherwise.
beidou / ningguang
Count my Ribs by haenotic (~4k)
[“…Captain, have you ever lost a ship before?”
Beidou raises an eyebrow. “The Alcor isn't the first of her name,” she replies, cautiously, “But, you know that—why do you ask, Ningguang?”
And then her forehead is in her hand again. Ningguang doesn’t quite remember putting it there as she gestures vaguely around herself, at the walls of her study and the salvaged antiques that still smell faintly of salt water.
“This isn’t my home, Beidou.”]
diluc / childe | tartaglia
burn away the old world by A_Confused_Kitten (~4k)
Because he remembers soft smiles and quiet words, Childe’s head falling in his lap as he says, “she was the Goddess of Love, once, how could she be anything but gentle?”
And he hadn’t understood it then, and Diluc still doesn’t understand it now.
How could the Tsaritsa be gentle? How could she, when her Fatui would set the world aflame in her name and say it was for freedom. For the very thing Mondstadt was supposed to represent, just as it always has, and just as it always will.
But Childe is gone, and Diluc has never been gentler than when he was with him, and it hurts, Archons, it hurts, but maybe, he thinks, maybe, he can understand why the Goddess of Love would tear the world apart.
Four years ago, Diluc left Mondstadt with nothing but the clothes on his back and his claymore.
Today, Diluc leaves Mondstadt with two visions tied at his hip, a delusion tucked away close to his heart and a mask hidden in his bag, two pieces of his lover’s ambition held as close as he can keep them.
This time, Diluc knows, he won’t be coming back.
zhongli | morax / childe | tartaglia and zhongli | morax and xiao (plantonic)
Ashes to Ashes, Dust to Dust by caramelt (~1.5k)
Xiao has seen what Zhongli had been like following Guizhong’s passing. His empty stares as he stood by the vast fields of glaze lilies, lost in thoughts of what could have been and what will never be able to happen again.
And so, to protect the remaining pieces of his Archon’s heart, Xiao decides to find the Harbinger that has caught his fancy.
protective xiao, outsider pov
venti | barbados / xiao
*by stream flowing small, by boulder standing large by rainesque
[The secluded little shrine looked the same as always — five lion statues protectively circling the altar in the middle. And the same as always, five apples sat snugly on top, freshly plucked almost every single day. No one had ever seen who made these offerings, if they were even offerings in the first place, but there would be new apples on the altar each morning without fail.
Until now.
A little ways away, Morax— ah, no. Zhongli watched as the Conqueror of Demons quietly made his way towards the altar, taking refuge under the protective canopy of darkness brought on by sundown. In his hands, he carried five apples.]
Or, Zhongli wonders why the fondness shared between the God of Freedom and the Conqueror of Demons was so familiar to him, and reminisces of a time where he had found something similar.
not sure how to tag this exactly. kinda about grief and reflection.
kingdom come by orphan_account (~1.5k)
(what is freedom when it is demanded of you by a god? what is freedom when you've never known it in the first place?)
#Genshin#genshin fic rec#beidou#Ningguang#ninggaung#beidou x ningguang#ningguang x beidou#diluc#diluc ragnvindr#Childe#Tartaglia#diluc x childe#childe x diluc#zhongli#zhongchi#childe x zhongli#zhongli x childe#venti#xiao#xiaoven#xiao x venti#venti x xiao
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For the character ask: The Mighty Thor
THE MAN. THE MYTH. THE MY PROFILE PICTURE.
Favorite thing about them: Their thighs Their surprising emotional intelligence.
Least favorite thing about them: The condescending attitude they sometimes have to humans, especially noncombatants.
Three things i have in common with them:
Horrible controlling parent
Experience working in emergency medicine
Great hair
Three things i don’t have in common with them:
I probably cannot fight the God of Death and win
No giant pet goats 😞
I have never lived in Chicago
Favorite line: Hard to pick because Thor is a consummate smack talker but I think probably this one.
"All the power of the storm, from all the world, flows through my veins, and can be summoned by mine hammer at any time, wherever it is. A lightning storm in Japan? Mine. A hurricane off the coast of Barbados? Mine again. A brace of tornadoes in Kansas? Aye...mine. All that might, all that destructive force, mine to command. Channeled and guided through the mystic might of this hammer, guided right at thee!"
brOTP: Hercules!!! I love when Thor and Hercules get to team up (or beat the shit out of each other) it’s always a guaranteed fun time. And seeing these two similar characters together really highlights their differences and adds a lot of depth.
OTP: There’s no one ship but probably Storm? I like their juxtaposition, a mortal trying to live as a goddess and a god trying to live as a mortal. I think they genuinely have more in common with each other than just shoot lightning real good.
nOTP: Thor/Loki. No. For an infinite variety of reasons, no. Also I genuinely don’t like Thor/Jane and Thor/Sif, the former because I don’t like Jane and the latter because whenever they’re together Sif becomes flattened into a one-note love interest.
Random Headcanon: Thor has an Icelandic accent when he’s not using the Allspeak (ie, when he doesn’t have a faux-Shakespearean tinge to his wording) and a pseudo-upper class British once when he does.
Unpopular Opinion: Actually, Thor was treated significantly worse by Odin than Loki
Song i associate with them: …too obvious?
youtube
Favorite picture of them:
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★ ៸៸៸ DIALOGUE ╱ post ❜ ✸ ៸ !?!
Dialogue, as everyone knows, is what the characters in novels, plays, screenplays — basically any kind of creative writing where characters speak — say out loud.
For most writers, dialogue is one of the things we look forward to. It's the opportunity to let the characters' motivations, flaws, knowledge, fears and more come to life! By writing dialogues, you're giving them (the characters) their own voice, fleshing them out from concepts into three-dimensional characters.
Dialogues have multiple purposes — one of them is to characterize your characters. You can learn a lot about somebody's mindset, background, emotional state, and such more from how they speak.
Dialogue makes your writing feel more immersive as well! It breaks up long prose passages and gives your readers something to "hear" other than your narrator's voice. It can communicate subtext, like showing class differences between characters through the vocabulary they use or hinting at a shared history between them. Most times, a narrator's description just can't deliver information the same way that a well-timed quip or a profound observation by a character can.
★ ! MONOLOGUE ❪ 🎧 ❫ ៸ !?!
In contrast with dialogues, monologues are a single, usually lengthy passages spoken by one character. They are often part of plays.
A character may be speaking directly to the reader or viewer, or they could be speaking to one or more other characters. The defining characteristic of a monologue is that it's one character's moment in the spotlight to express their thoughts, ideas, and/or perspective.
Often, a character's private thoughts are delivered via monologue. This is called an internal monologue. An internal monologue is the voice an individual (though not all) "hears" in their head as they talk themselves through their daily activities.
★ ! THE TYPES ❪ 🎧 ❫ ៸ !?!
Inner dialogue is the dialogue a character has inside their head. This can be a monologue. In most cases, inner dialogue is not marked by quotation marks. Some mark them by italicizing it.
Outer dialogue is a dialogue that happens externally, often between two or more characters. This goes inside quotation marks.
★ ! AVOID THESE ❪ 🎧 ❫ ៸ !?!
# ៸ using a tag for every piece of dialogue. Dialogue tags are words like said and asked. Once you've established that two characters are having a conversation, you don't need to tag every piece of dialogue Doing so can be redundant and breaks the reader's flow. Once the readers know each character's voice, many lines can stand alone.
# ៸ not using enough tags. On another hand, some writers use too few dialogue tags, which can confuse readers. The readers should always know who's speaking. When a character's mannerisms and knowledge don't make that obvious, tag the dialogue and use their names.
# ៸ dense, unrealistic speech. Dialogues don't need to be grammatically correct. When it's too grammatically correct, it can make characters seem stiff and unrealistic.
# ៸ anachronisms. A pirate in 1700s Barbados wouldn't greet his captain with "what's up?" Depending on how dedicated you (and your readers) are to historical accuracy, this doesn't need to be perfect. But it should be believable.
#moon-delia#writers on tumblr#writersociety#writing advice#writing help#writing promps#writing tips#writing tricks#dialogue
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Project movement: Flying fish
Reserch for the week was hard, but still I was able to find a theme and other artists' work for inspiration. My theme for the project is the Flying Fish. Since my childhood I have been fascinated by these creatures for their unusual nature.
So what do fish symbolize in this project theme? Flying fish, as a water animal, is linked to steadfast movement and independence. Fish represents the unconscious of higher-self, feelings, and motives. It is also a metaphor for deeper awareness and the intelligence and thought process.
Here are a couple of examples of artwork related to this fish.
Bronze sculpture by Chris Bladen
"As magical as their name, flying fish live in two worlds – sea and sky – and show up when least expected. I love sculpting combinations of this species, trying to capture that duality."
This sculpture immediately attracted my attention with its form. Each fish builds a form of movement, a flow, an unusual wave, a force. The fish create both synchronised and chaotic movement at the same time. This attracted me and gave me a little impetus for the idea.
Barbados by Krik McGuire
These statues are very beautiful and elegant. If you look at the shape of the fish, they are very dynamic, as if in flight. And their wings add even more effect of freedom. Also the patterns on the wings, the lines also add movement to the fish, as if each line is a flow of water, lines of movement.
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Croupier Comptable: Game Theory for The Venetian Macao, China (Trapping Aesthetic for Volleyball) 14K
BIO
My Name is Adrian Blake-Trotman. I am Indo-Mediterranean Caribbean Born in Toronto but From Barbados and Haiti. I am a Beta-arbitrage Mergers & Acquisitions Banker that Specializes in Commodities. I have Understanding Financial Markets by Université de Genève and Monetary Policy in the Asian-Pacific by Hong Kong University of Science and Technology with No Gr. 12 Math or Intro to Linear Algebra; I built a mathematical learning style by using Japanese Candlesticks Bullish Engulfing Discounted Cash Flow Charts for Poker. I Operate TAX AVOIDANCE through Freelance Mergers & Acquisitions through an Enterprise Foundation and Investment Trust. My background is Agriculture Working Class, I've worked in Kitchens and Grocery Stores. My goal is to connect the Democratic Republic of the Congo to two tax havens; Haiti & Seychelles to stabilize the Diamond Trade and more Important the Commodities Market. Through Mercantilism Agriculture Hedge Fund as a Central Bank, Options Volatility Exchange, Lab Grown Re-sale Market, Decentralized Currency and Fiat Money, Hospitality & Gaming. Also To form a Socioeconomic Status Agriculture Working Class; Blue, Pink, and White Collar Jobs. I am Modelling my Cartel off of Wall Street for De Beers but is owned and operated by the Société des Bains de Mer (SBM); The Casino de Monte-Carlo is owned and operated by the Société des Bains de Mer (SBM), a public company in which the government of Monaco and the ruling princely family have a majority interest. The company also owns the principal hotels, sports clubs, food service establishments, and nightclubs throughout the Principality. The Société des Bains de Mer operates in the accommodation, dining, entertainment, and gambling services. SBM manages and owns casinos, hotels, restaurants, bars, nightclubs, spas, beach clubs, and golf clubs. Fifty-two of their fifty-eight properties are located in Monaco. The concept of state-corporate crime refers to crimes that result from the relationship between the policies of the state and the policies and practices of commercially motivated corporations. The term was coined by Kramer and Michalowski in 1990.
THE ARNAULT MODEL: BALANCING FINANCIAL DISCIPLINE AND CREATIVITY
Over the next three decades, as he brought the best luxury brands in fashion, cosmetics, and beverages under the LVMH umbrella, Arnault proceeded to make “a series of brilliant business decisions” that “can only be called masterful.” Even his critics were impressed by “his ability to manage creativity for the sake of profit and growth.” Industry observers frequently credit his outstanding success in a highly competitive industry to the fact that—unlike other global CEOs—Arnault understands both the creative and the financial aspects of running a luxury business
Financed through Real Estate and Convertible Bonds
The Creation of Star Brands
In a 2001 Harvard Business Review interview, Arnault explained his famous business process, which—unlike the traditional fashion industry—requires financial discipline as well as creativity. The entire focus of Arnault's teams is the creation of “star brands” that must meet a high bar for four artistic and financial criteria: LVMH brands must be “timeless, modern, fast-growing, and highly profitable.” In practice, “profitable creativity” means that “star brands are born only when a company manages to make products that ‘speak to the ages’ but feel ‘intensely modern’ and ‘sell fast and furiously, all while raking in profits
Although the LVMH process begins with "radical innovation—an unpredictable, messy, highly emotional activity” on the creative end, as soon as “it comes to getting creativity onto shelves—chaos is banished,” and the company imposes "strict discipline on manufacturing processes, meticulously planning all 1,000 tasks in the construction of one purse.”
The genius of Arnault’s process is that, although the "front end of a star brand—the innovation…the creative process, the advertising—is very, very expensive,” the “back end of the process in the atelier (the factory)” is a place of "amazing discipline and rigor” that drives “high profitability behind the scenes.” Brands with “unbelievably high quality” require “unbelievably high productivity,” so “every single motion, every step of every process is carefully planned with the most modern and complete engineering technology.”
For example, when Arnault automated production at Vuitton, he drove that venerable old brand to the top spot on Fashionista’s list of the world's best-selling luxury brands in 2011, with a value of $24.3 billion—more than twice the amount of its nearest competitor.
As he spent “lavishly” on advertising, Arnault "rigorously" controlled costs by leveraging every possible synergy across the group: Kenzo manufactured a Christian Lacroix line; Givenchy manufactured a Kenzo perfume, and Guerlain created the first Vuitton perfume.
Creative Talent Management
As Arnault built LVMH into the world's largest luxury conglomerate, he hired new design talent for star brands that “speak to the ages” but “feel intensely modern”: from Céline, Kenzo, Guerlain, and Givenchy to Loewe, Thomas Pink, Fendi, and DKNY.
Because his model requires that “the counterbalance to creativity must be commerce,” Arnault “never hesitated to reign in, or outright terminate, creative executives who did not produce.” Since the early days at Dior, he has often replaced creative executives with non-traditional talent and then shuffled them across his brands to help him identify opportunities to drive profit—no matter how unpopular.
For example, at Givenchy in 1995, Arnault brought in a “fashion industry darling” and “notorious wild child,” British designer John Galliano, to replace Hubert de Givenchy, the industry icon “credited with defining simple elegance for an entire generation of women, (including) Audrey Hepburn, Jacqueline Kennedy, and the Duchess of Windsor.”
Within a year, Arnault moved Galliano, the first British designer in French haute couture, from Givenchy to Christian Dior to replace Gianfranco Ferré, the Italian couturier who had led Dior design since the late 1980s. Other non-traditional Arnault hires included installing 27-year-old Alexander McQueen (another British designer) at Givenchy and Marc Jacobs at Louis Vuitton, where he gave the American designer a mandate to challenge LVMH’s competitors, Prada and Gucci.
Although those iconoclastic designers later left LVMH, they had served Arnault’s purpose: interest in his traditional fashion houses had been jumpstarted by the early 21st century.
HOW TO STABILIZE THE DEMOCRATIC REPUBLIC OF THE CONGO, SEYCHELLOIS, AND HAITIAN CURRENCY (INDIAN PREMIER LEAGUE BUT FOR MMA & COMMODITIES NOT CRICKET & TECHNOLOGY MODEL)
Bioeconomy Agriculture Central Hedge Fund with Agriculture Bulge Brackets Oligopolistic System Hyper Inflation Vehicle Fiat Currency: Strict Negative Interest Rates for Investments; Debt/Equity Business Loan Period and Construction Loan/Tax Benefits Programs, Investment Trusts & Enterprise Foundations are Common Corporate Tax Avoidance Practices, and Raise Denominator of Currency & Print Currency for Insurance Companies for Building Process
Combat Sport as National Sport: Free Internet with Corporate Sponsor Purse Bid System Mixed Martial Arts Camps, Orphanages, Polytheist Churches, Gaming-Hospitality; and +EV Gambling
Mercantilism Fiat Currency Pegging: Foreign Exchange Rate to Diamond Peg Currency
Market Extension Vertical Integration Mergers Lottery
Industries: Mergers & Acquisitions Agriculture Industry, Decentralized Finance, Real Estate Finance and Economics, Capital Gains Tax Haven, Corporate Tax Haven, Inheritance Tax Haven, Art Ports, and Gaming-Hospitality
Blockchain Diamond-Metal Exchange Modelled Off of CBOE Volatility Index (VIX). Founded in 1973, the CBOE Options Exchange is the world's largest options exchange with contracts focusing on individual equities, indexes, and interest rates. Credit Spread Options and Blockchain the Commodities Market.
Business Capital is a Collaborative Environment through Generalized Education (STEM AND M & A)
Socioeconomic Status Agriculture Working Class Immigrants
XYY or Triple X Syndrome, ACTN3 Gene, MSTN Gene, and Mercury-Venus Births
A ROUND OF PAR GAME THEORY NETWORK
Beta Arbitrage with Convertible Bonds Compounding
Key Ingredients
Player's: Futures Exchange and Investor
Actions: Issue payments under any circumstances
Payoffs: Exchange - Larger Market Volume, Investor - Larger Assets Under Management or Profits
Representation
Extensive Form includes timing of moves. Player's move sequentially, represented as a tree (timing). Chess: the white player moves, then the black player can see White's move and react
Theory
There's a common expression of higher the risk, higher the reward; but in finance it should be higher reward, higher risk because people's savings are involved. This is why I created The Round of Par Games Theory Network where the intended score should always be 0. Nobody wins and nobody loses between investor and stock exchange, just a nice friendly draw. The Investors assets under management grows and the Exchange's Market Volume Grows.
Let's break down the Components:
Beta Arbitrage
Investor: Beta Arbitrage involves longing in one market and shorting in a DIFFERENT market. The example is longing Company A in the stock market but then going to Company A in the options market and placing a put/short option. Either way the Investor earns a profit.
Exchange: The Futures Exchange benefits because now not only is equity on the stock market is being bought but the options market has a larger volume.
Convertible Bond Compounding
Investor: By compounding through Convertible Bonds not only are you going to be paid back your money because creditors are first on the company's bankruptcy list unlike investors, but it's an easier way to buy more shares for growth investing while not diving head first.
Exchange: The Futures Exchange benefits because now not only is equity on the stock market is being bought, but the bond market has a larger volume.
LANGUAGES
Mandarin
Latin
INDUSTRY WORTH FOR COMMODITIES (AGRICULTURE WORKING CLASS)
In 2012, Forbes reported that $21 trillion was Off-Shored
In 2017 the equivalent of at least 10% of the world’s GDP is in offshore banks, and that number is probably higher due to the opaqueness of the world’s global tax havens, according to a research report release this month by the National Bureau of Economic Research.
The estimated amount of money laundered globally in one year is 2 - 5% of global GDP, or $800 billion - $2 trillion in current US dollars.
Taxes in the US – The federal government collected revenues of $3.5 trillion in 2019—equal to about 16.3 percent of gross domestic product (GDP) (figure 2). Over the past 50 years, federal revenue has averaged 17.4 percent of GDP, ranging from 20.0 percent (in 2000) to 14.6 percent (most recently in 2009 and 2010).
The foreign exchange or forex market is the largest financial market in the world – larger even than the stock market, with a daily volume of $6.6 trillion, according to the 2019 Triennial Central Bank Survey of FX and OTC derivatives markets.
In 2019, for example, the sales value of rough diamonds amounted to some 13.9 billion U.S. dollars worldwide. After polishing, the value increased by nearly double to 26.7 billion U.S. dollars. In 2019, the global diamond jewelry market value was approximately 79 billion U.S. dollars.
Global Cut Flowers Market to Reach $41. 1 Billion by 2027.
The global coffee market was valued at USD 102.02 billion in 2020,
Global Vanilla Market Is Expected to be worth Around USD 735 Million By 2026
According to the report published by Allied Market Research, the global cocoa market generated $12.8 billion in 2019, and is projected to reach $15.5 billion by 2027, witnessing a CAGR of 4.3% from 2021 to 2027
The global water and wastewater market was valued at 263.07 billion U.S. dollars in 2020. The market is projected to reach a value almost 500 billion U.S. dollars by 2028 at a CAGR of 7.3 percent in the 2021 to 2028 period.
The global tobacco market size was estimated at USD 932.11 billion in 2020 and is expected to reach USD 949.82 billion in 2021.
For the year 2020, Worldwide Cotton Market was US$ 38.54 Billion. Global Cotton Market is expected to reach US$ 46.56 Billion by 2027, with a CAGR of 2.74% from 2020 to 2027.
The global waste management market size was valued at $1,612.0 billion in 2020, and is expected to reach $2,483.0 billion by 2030, registering a CAGR of 3.4% from 2021 to 2030
According to Brandessence Market Research, the Energy Drink market size reached USD 61.23 billion in 2020 and expected to reach USD 99.62 Billion by 2027.
LEGAL DEFENSE
Smurfing: Reverse Onus, Challenge Mens Rea and Actus Rea, Press Malicious Prosecution Charges, Financial Settlement
RICO Legal Disputes Trademark (30 for 30 Court): Undisclosed Settlement; 1 large sum ($30 million) broken into a 3-part settlement, Not going to trial settlement (guaranteed payment for being brought into court), Case being unsealed settlement (if the case gets reopened), and Testimony settlement (in court testimony in reopened case). The non-disclosure agreement (NDA); Agreement to 10 years jail time for every broken NDA, NDA on Case, NDA on Testifying, and NDA on Settlement. Sealed Federal Cases: Have legal matters sealed by the court to prevent leaked information to media and Precedence for RICO
CRIME COLLAR
White-Blue collar crime is a subgroup of white-collar crime White Collar Crime, a term reportedly first coined in 1939, is synonymous with the full range of frauds committed by business and government professionals. Blue-collar crime is a term used to describe crimes that are committed primarily by people who are from a lower social class. This is in contrast to white-collar crime, which refers to crime that is usually committed by people from a higher social class.
SOCIOCULTURAL THEORY OF DEVELOPMENT
Agriculture Working Class Immigrants Socioeconomic Status Focused Key Players in Commodities Market*
Polytheism (Zeus, Poseidon, and Ogou-Athena)*
Births: Mercury-Venus, MSTN Gene, ACTN3 Gene, XYY Syndrome, or Triple X Syndrome
Māori All Blacks Sports Culture and Volleyball is National Sport*
Jumping for Cardio*
Poker Brain*
REITs/Real Estate ETF Investors with Index Credit or Debit Spreads Options Trading*
Mergers and Acquisitions Exploratory School System*
Sand-Based Calisthenics kallos sthenos (beautiful strength) Interval Training: Isometric-Plyometric, Circuit Training: Isometric-Isotonic, and Isometric-Mobility
Tofu is Protein of Choice
Fish/Seafood is Meat of Choice
Blueberry is consumed at every breakfast
Mineral Water instead of Spring Water
Coconut Syrup as Sugar Replacement
Business News is a part of The Cigar Culture
Sports Gambling for Extra Revenue Stream instead of Lottery Tickets when in Working Class
Hydrolyzed Collagen-Leucine is the Main Sports Medicine
Brokerage Accounts with First 10 Investments as Bond Funds and REITs
VAMMMBRGC LIFESTYLE BRAND RACKET
Volleyball (Trampoline)
Acting (Short Film Series: Aesthetic Taxi Game, Character: Expansive Mood Villain)
Modeling (Brand Activation Models)
Music (Psychedelic Festival Trap)
Martial Arts
Ballet (Females Only)
Rings Gymnastics (Males Only)
Graffiti (Art)
Cooking (Endorsements)
LVMH-Lacoste Collaboration Company For Tax Mergers Law; Market-extension merger: Two companies that sell the same products in different markets. 4.2.2 Corporate Taxation At the corporate level, the tax treatment of a merger or acquisition depends on whether the acquiring firm elects to treat the acquired firm as being absorbed into the parent with its tax attributes intact, or first being liquidated and then received in the form of its component assets.
What Is Vertical Integration? Vertical integration is a strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production process rather than relying on external contractors or suppliers. A company may achieve vertical integration by acquiring or establishing its own suppliers, manufacturers, distributors, or retail locations rather than outsourcing them. However, vertical integration may be considered risky potential disadvantages due to the significant initial capital investment required.
Analysis Discounted Cash Flow (DCF): A key valuation tool in M&A, a discounted cash flow (DFC) analysis determines a company's current value, according to its estimated future cash flows. Forecasted free cash flows (net income + depreciation/amortization (capital expenditures) change in working capital) are discounted to a present value using the company's weighted average cost of capital (WACC). Admittedly, DCF is tricky to get right, but few tools can rival this valuation method.
VŒUX DE CHAMPAGNE SOGNI CAVIALI
Description: Beta-arbitrage Mergers & Acquisitions Cartel that commits Mediterranean-Caribbean and Afro-Mediterranean Socioeconomic Status Development Conflict Prevention and Reconstruction (CPR) Unit Charities, Protection Racket, Paramilitary Financing, Lobbyist-Investment Trust, Commodities Management, Gambling & Diamond Trafficking, Rolex Re-sale Market, Real Estate Brokerage, Graffiti Art Port, Smurfing, Nike Sports & Fashion Corporate Espionage and Larceny Business Model Reengineering, and VAMMMBRGC Contract Racketeering Through Enterprise Foundations
Activities: Executive Council for Mayor, Culinary Arts, Grey Market Fashion, Trap Shooting Gambling Tournaments, Volleyball Tournaments, Corporate Sponsor EdTech, Grocery Insurance & Electronic Financial Data Interchange, Diamond Encrusted Accessories Collaboration with LVMH, OTC Beta-arbitrage Branch Bracket, OTC Exchange (Commodities, Sports Betting Investment Trust, Real Estate Investment Trust, Cuisine Real Estate Investment Trust, Forex Pairs Contract for Difference, Retail/Hospitality Real Estate Investment Trust, Credit Swap Options Endorsement Index), VAMMMBRGC Youtube Distribution Channel (Gambling News Network, Noir Short Film Series [Shakespearean Crime], Cooking Channel, Sports Resort Real Estate, Sports/Modelling/Acting Business Case Study Video Essay, Brand Activation Modelling, Combat Sports, Calisthenics Workout Class, Sports Science Lessons, Graffiti Tourism, Music Videos, Natural Resources Documentaries, Hype Beast Re-Sale Market, Rolex Business Case Study Video Essays, Business Conferences).
DIAMOND TRAFFICKING
The WFDB Trade And Business Committee
The Trade and Business Committee makes recommendations to the Executive Committee concerning industry relations with financial institutions worldwide, lab-grown diamonds, Know Your Customer and the System of Warranties.
Idea 1: Luxury Goods Encrusted Items Investment Service and Auction. Example: Hermès Bag, Investment System: Masterworks, Auction System: Information Catwalks with models then bidding in a separate room with Video Replay for YouTube.
Idea 2: A sightholder is a company on the De Beers Global Sightholder Sales's (DBGSS) list of authorized bulk purchasers of rough diamonds. De Beers Group made this list, the second largest miner of diamonds. DBGSS was previously known as DTC (Diamond Trading Company). In May 2006, DTC released a list of the 93 sightholders on its website. High Fashion Accessories Aggregator Business Model with Auction and Re-sale.
Business Model
The London Metal Exchange (LME) which is based in Hong Kong is a commodities exchange that deals in metals futures and options. It is the largest exchange for options and futures contracts for base metals, which include aluminum, zinc, lead, copper, and nickel. The exchange also facilitates trading of precious metals like gold and silver.
Originally known as the Chicago Board Options Exchange (CBOE), the exchange changed its name in 2017 as part of a rebranding effort by its holding company, CBOE Global Markets. Traders refer to the exchange as the CBOE ("see-bo"). CBOE is also the originator of the CBOE Volatility Index (VIX), the most widely used and recognized proxy for market volatility.
ABC Exchange (Alumina, Beryllium, Carbon): There are four types of precious stones: diamonds, rubies, sapphires and emeralds. Each type has its own specific chemical and physical properties. Diamonds are made from carbon, rubies and sapphires from alumina and emeralds from beryllium.
Diamond Monopoly
What Is Vertical Integration? Vertical integration is a strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production process rather than relying on external contractors or suppliers. A company may achieve vertical integration by acquiring or establishing its own suppliers, manufacturers, distributors, or retail locations rather than outsourcing them. However, vertical integration may be considered risky potential disadvantages due to the significant initial capital investment required.
My Vertical Integration Mergers: Company’s Diamond Mines, Merger Manufacturers, Company’s Distribution, and Merger Hospitality and Gaming Diamond Exchange
The Diamond Standard
Influence: Agricultural Bank of China is active in commercial banking, investment banking, and insurance services.
Mercantilism was a form of economic nationalism that sought to increase the prosperity and power of a nation through restrictive trade practices. Its goal was to increase the supply of a state's gold and silver with exports rather than to deplete it through imports. It also sought to support domestic employment.
The bio-economy is defined as the economic activity associated with the invention, development, production; and use of primarily bio-based products, bio-based production processes, and/or biotechnology-based intellectual property.
Industries Association; Hospitality and Gaming: Daily and Monthly Revenue Streams, Capital Gains Taxing: Create Offshore revenue through trading and Blockchain is a volatile market for good liquidity. FOREX Vehicle Currency: Low Interest Rates means currency will be traded against other currencies, Shorting own currency to get foreign currency and exchanging returns to domestic currency stabilize exchange rate and Currency Basket
Interest Rate Pegging: Environmental alternative to gold, Surplus item during Quantitative Easing, and Low Interest Rates lead to spending and loans for investment which means buying and trading diamonds will balloon
Mine Options: Credit spreads and debit spreads are different spread strategies that can be used when investing in options. Both are vertical spreads or positions that are made up entirely of calls or entirely of puts with long and short options at different strikes. They both require buying and selling options (with the same security) with the same expiration date but different strike prices.
Diamond Mine Investment Group: Mines can create private Investment Groups. Items within Group: diamond retail, diamond trading, industrial diamond manufacturing sectors
Lab-created diamonds are grown in controlled laboratory environments using advanced technology that replicates the conditions under which diamonds naturally develop beneath the Earth's crust. These lab-grown diamonds consist almost entirely of carbon atoms and are arranged in a diamond crystal structure.
DIAMOND ROLEX INVESTMENT TRUST (EXAMPLE)
Description
Watch Listing Through Discounted Cash Flow for Rolex Drop Culture or Re-Sale Market
Underwriting Products
$50,000 in value
Collector's Edition
Less than 20 models made
Masterwork Investing Platform (reference)
Masterworks is making the world of art a little less exclusive by offering everyday investors the chance to own a fraction of these high-priced investments with a much smaller amount of money.
Through the fine art investing platform, users can purchase (and trade) shares in what the company has defined as "blue-chip" art: masterpieces from artists like Pablo Picasso, Claude Monet, Andy Warhol, Banksy, Kaws, Jean-Michel Basquiat and more.
How Masterworks functions (reference)
Masterworks provides an affordable way to invest in art. What was once an option reserved exclusively for wealthy investors is now accessible to investors of all types. Here's how the platform works:
Masterworks will purchase a painting and file it with the SEC as a public offering, or IPO, similar to how a company goes public. Shares of the painting are then made available for purchase on the Masterworks website for as little as $20 per share. The company says it launches about one new painting every four to five days.
The platform stands out, especially for using propriety data to determine which artist markets have the most momentum, focusing on the very high-end segment of the art market that has predictable returns, the company says. Meanwhile, its research team works in the background to calculate appreciation rates, correlation, and loss rates.
Masterworks even recently added a secondary market, too, where investors can trade shares in paintings. Plus, Masterworks lets you invest your IRA earnings into their fine art through its partnership with Alto IRA, an alternative asset investing platform.
Industrial Embassy
Business Model: Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves pooling risk from individual payers and redistributing it across a larger portfolio. Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets. Like all private businesses, insurance companies try to market effectively and minimize administrative costs. Types of Insurance: Mining, Manufacturing, Retail, Logistics
Financing is the process of providing funds for business activities, making purchases, or investing. Financial institutions, such as banks, are in the business of providing capital to businesses, consumers, and investors to help them achieve their goals. The use of financing is vital in any economic system, as it allows companies to purchase products out of their immediate reach. Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash. Advantages of Equity Financing; Funding your business through investors has several advantages, including the following: The biggest advantage is that you do not have to pay back the money. If your business enters bankruptcy, your investor or investors are not creditors. They are part-owners in your company, and because of that, their money is lost along with your company. You do not have to make monthly payments, so there is often more cash on hand for operating expenses. Investors understand that it takes time to build a business. You will get the money you need without the pressure of having to see your product or business thriving within a short amount of time.
Planning Permission and Building Regulations Courses: Planning permission assesses whether the development fits in with local and national policies and whether it would cause unacceptable harm, for example, to neighbours' quality of life. Whereas building control covers the structural aspects of development and progress throughout the construction
AFRO-MEDITERRANEAN PARAMILITARY FINANCING
Military Payments
Sercurity Operations (SercOps) Payment: $150,000 yearly salary: Receives $100,000 salary; other $50,000 is used for branch-managed investment portfolio and investment trust
Discharge Payment: $75,000 yearly salary for Armoured Car Guard and Driver, Receives $50,000 salary; other $25,000 is used for branch-managed investment portfolio and investment trust
Military Funding: Central Hedge Fund Equity Given
Payment is in Fixed Currency
AFRO-MEDITERRANEAN SOCIOECONOMIC STATUS DEVELOPMENT CONFLICT PREVENTION AND RECONSTRUCTION (CPR) UNIT CENTERS
Corporate Sponsor: M & A Schools (Mergers and Acquisitions) & Retirement-preparatory School
Cross-Curriculum
STEM education is the cross-curricular study of science, technology, engineering, and mathematics, and the application of those subjects in real-world contexts.
Studying Style
I use Interleaving Studying for Generalist Kinaesthetic Learners.
Transition to Interleaving Studying: Online PowerPoint Presentation, Video Essays, Case Studies & Meta-analyses over Books to present Information as a country, Less Paper Use, Courses on Different PowerPoint Studying Styles, Make country a Business & Finance Culture and Technological Advanced, Overview at Beginning; Program Learning Concept Check During Quizzes at the End for Courses, Spaced Learning on concept checks before exiting the course.
A great example of when to use interleaving is sports, for instance, tennis. Instead of just practicing backhands in one session, you can interleave backhands, forehands, and volleys to get increased results. Another great example can be found in science classes, where interleaving math, physics, and chemistry, for example, can provide you with an advanced understanding of all 3 fields.
Spaced learning is a learning method in which highly condensed learning content is repeated three times, with two 10-minute breaks during which distractor activities such as physical activities are performed by the students. It is based on the temporal pattern of stimuli for creating long-term memories reported by R. Douglas Fields in Scientific American in 2005.
Spacing boosts learning by spreading lessons and retrieval opportunities out over time so learning is not crammed all at once. By returning to content every so often, students' knowledge has had time to rest and be refreshed.
The two concepts are similar but essentially spacing is revision throughout the course, whereas interleaving is switching between ideas while you study. Although interleaving and spacing are different interventions, the two are linked because interleaving inherently introduces spacing. These two concepts will create student-athletes
The best part about interleaving is that it is almost a universal aid in learning
Evidence suggests that spaced practice is more effective for long-term retrieval.
Interleaving Studying forces the brain to continually retrieve because each practice attempt is different from the last, so rote responses pulled from short-term memory won’t work.
Multiple choice test is an example of measuring retrieval by A. reconstruction. B. recognition.
Chess
Increasing Intelligence: Fluid and crystallized intelligence are constructs originally conceptualized by Raymond Cattell. The concepts of fluid and crystallized intelligence were further developed by Cattell and his former student John L. Horn. Crystallized intelligence. This refers to your vocabulary, knowledge, and skills. Crystallized intelligence typically increases as you get older. Fluid intelligence, also known as fluid reasoning, fluid intelligence is your ability to reason and think abstractly. Fluid intelligence refers to basic processes of reasoning and other mental activities that depend only minimally on prior learning (such as formal and informal education) and acculturation. Horn notes that it is formless, and can "flow into" a wide variety of cognitive activities Tasks measuring fluid reasoning require the ability to solve abstract reasoning problems. Examples of tasks that measure fluid intelligence include figure classifications, figural analyses, number and letter series, matrices, and paired associates. Crystallized intelligence refers to learned procedures and knowledge. It reflects the effects of experience and acculturation. Horn notes that crystallized ability is a "precipitate out of experience," resulting from the prior application of fluid ability that has been combined with the intelligence of culture. Examples of tasks that measure crystallized intelligence are vocabulary, general information, abstract word analogies, and the mechanics of language.
Bullet Chess: The rules for bullet chess aren't different from those of a regular chess game. Bullet chess refers to games played with time controls that are faster than 3 minutes per player. The most popular forms of bullet chess are 1|0 (one minute with no increment per player) or 2|1 (two minutes with a one-second increment per player). Increment (also known as bonus and Fischer since former World Chess Champion Bobby Fischer patented this timing method)—a specified amount of time is added to the players main time each move, unless the player's main time ran out before they completed their move.
Chess Benefits: It has been suggested by different scientists that chess involves, and possibly boosts, cognitive abilities such as working memory, fluid intelligence, and concentration capacity. Besides, chess may be beneficial for mathematical ability and, more widely, academic achievement by enhancing concentration and problem-solving skills.
Life-History Strategy
Life history theory posits that behavioral adaptation to various environmental (ecological and/or social) conditions encountered during childhood is regulated by a wide variety of different traits resulting in various behavioral strategies. Unpredictable and harsh conditions tend to produce fast life history strategies, characterized by early maturation, a higher number of sexual partners to whom one is less attached, and less parenting of offspring. Unpredictability and harshness not only affects dispositional social and emotional functioning, but may also promote the development of personality traits linked to higher rates of instability in social relationships or more self-interested behavior. Similarly, detrimental childhood experiences, such as poor parental care or high parent-child conflict, affect personality development and may create a more distrustful, malicious interpersonal style. The aim of this brief review is to survey and summarize findings on the impact of negative early-life experiences on the development of personality and fast life history strategies. By demonstrating that there are parallels in adaptations to adversity in these two domains, we hope to lend weight to current and future attempts to provide a comprehensive insight of personality traits and functions at the ultimate and proximate levels.
The Savant Skills Curriculum
Savant gifts, or splinter skills, may be exhibited in the following skill areas or domains: memory, hyperlexia (ie, the exceptional ability to read, spell and write), art, music, mechanical or spatial skill, calendar calculation, mathematical calculation, sensory sensitivity, athletic performance, and computer ability. These skills may be remarkable in contrast to the disability of autism, or may be in fact prodigious when viewed in relation to the non-disabled person.
Learning Centers
Enrichment centers require you to be aware of your students' learning styles (Kinesthetic) as well as their knowledge about a topic. The enrichment center can provide individual students with varied activities or combination of activities that differ from those pursued by other students. As such, the center becomes an individualized approach to the promotion of the topic.
Skill Centers Skill centers are typically used at the elementary level, more so than at the secondary level. Students may work on math facts, phonics elements, or other tasks requiring memorization and/or repetition.
Interest and Exploratory Centers: Interest and exploratory centers differ from enrichment and skill development centers in that they are designed to capitalize on the interests of students. They may not necessarily match the content of the textbook or the curriculum; instead they provide students with hands-on experiences they can pursue at their own pace and level of curiosity. These types of centers can be set up throughout the classroom, with students engaging in their own selection of activities during free time, upon arrival in the morning, as a “free-choice” activity during the day, or just prior to dismissal. These centers allow students to engage in meaningful discoveries that match their individual interests.
Programmed Learning
The way a teaching machine works is: It asks you a question. If you give the right answer, it goes on to the next question. If you give the wrong answer, it tells you why the answer is wrong and tells you to go back and try again. This is called "programmed learning".
Programmed learning, educational technique characterized by self-paced, self-administered instruction presented in logical sequence and with much repetition of concepts. Programmed learning received its major impetus from the work done in the mid-1950s by the American behavioral psychologist B.F.
Exploratory Learning (Singapore Field Trips)
The Choice Theory Culture:
Is an expected way of being or living
Encourages positive choices which lead to healthy relationships
Is relationship based and collaborative
Is not about controlling behavior, rather promoting personal responsibility
Carol Dweck's Growth Mindset Theory
Growth Mindset: “In a growth mindset, people believe that their most basic abilities can be developed through dedication and hard work—brains and talent are just the starting point. This view creates a love of learning and a resilience that is essential for great accomplishment. With a growth mindset, students continually work to improve their skills, leading to greater growth and ultimately, success. The key is to get students to tune into that growth mindset.
Dweck writes, “In the fixed mindset, everything is about the outcome. If you fail—or if you’re not the best—it’s all been wasted. The growth mindset allows people to value what they’re doing regardless of the outcome. They’re tackling problems, charting new courses, working on important issues. Maybe they haven’t found the cure for cancer, but the search was deeply meaningful,” (Dweck, 2015).
Poker as Intro to Portfolio Building
Famous Fund Managers who played Poker
Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Capital Advisors, both based in Stamford, Connecticut. Cohen grew up in Great Neck, New York, where his father was a dress manufacturer in Manhattan's garment district, and his mother was a piano teacher. He is the third of seven brothers and sisters. He took a liking to poker as a high school student, often betting his own money in tournaments, and credits the game with teaching him "how to take risks." Cohen graduated from John L. Miller Great Neck North High School in 1974, where he played on the school's soccer team. Cohen received an economics degree from the Wharton School at the University of Pennsylvania in 1978. While in school, Cohen was initiated as a brother of Zeta Beta Tau fraternity's Theta chapter where he served as treasurer. While in school, a friend helped him open a brokerage account with $1,000 of his tuition money.
Carl Icahn is one of the most recognisable and successful investors in the world, having far outperformed the market on an annualised basis since 1968; at a rate which, by some measures, has him ahead of Warren Buffett. Carl Icahn was born on the 16th February 1936 in Queens, New York. It was a beach neighbourhood and a poor area. His mother was a pianist, but dropped her dreams of pursuing it as a career and instead chose a more stable job as a school teacher. His father also became a substitute teacher. As you may expect with both parents involved in education, Carl was extremely studious. At high school, he didn’t involve himself in many activities such as sports and clubs, instead he had set himself the big goal of making it to an Ivy League university; something most people in his area had no chance of doing. His teacher didn’t even think it was worth him applying, but this made him even more determined to be different. He had a mind-set that he wanted to be the best at everything. Icahn’s parents said they would only pay for university if he got into one of the top Ivy League universities. Although no one thought he stood a chance, he managed to enrol at Princeton University and studied philosophy as his major. His parents fulfilled their promise and paid for his Princeton fees but couldn’t stretch to anything else such as his accommodation or food. Instead, Carl got himself a summer job at a Cabana club in his neighbourhood to fund his living costs. It was at the Cabana club that he learnt how to play poker and joined in the games regularly. He says at the start he didn’t know how to play, but then he read 3 poker books in 2 weeks and became the best player there, taking home huge winning each summer. He says: “To me, it was a big game, big stakes. Every summer I won about $2,000, which was like $50,000 back in the ‘50s”
Brain Training: How Regular Poker Play Could Help Soccer Stars Succeed: An athlete’s brain is their most vital organ. It controls how the body functions, and it needs to be cultivated and disciplined just like the muscles do. Those in the industry are constantly searching for new ways to help soccer players get their heads in the game, and it turns out that poker can help immensely. By sharpening cognitive function, increasing social awareness, and improving mental endurance, poker enables athletes to rise to the occasion for peak performance on the field.
Conflict Prevention & Reconstruction Unit Psychology
Reintegration of child soldiers should emphasize three components: family reunification, psychosocial support and education, and economic opportunity. Family reunification—or, where that is not possible, foster placement or support for independent living—is crucial to successful reintegration.
Children are reintegrated into community life through the provision of psychosocial support, life skills classes and basic vocational training. At the end of the program, participants are provided with small grants to start businesses.
Post-traumatic growth (PTG) is a theory that explains this kind of transformation following trauma. It was developed by psychologists Richard Tedeschi, PhD, and Lawrence Calhoun, PhD, in the mid-1990s, and holds that people who endure psychological struggle following adversity can often see positive growth afterward. Post-traumatic growth often happens naturally, Tedeschi says, but it can be facilitated in five ways: through education (rethinking ourselves, our world, and our future), emotional regulation (managing our negative emotions and reflecting on successes and possibilities), disclosure (articulating what is happening and its effects), narrative development (shaping the story of a trauma and deriving hope from famous stories of crucible leadership), and service (finding work that benefits others).
People who have experienced posttraumatic growth report changes in the following 5 factors: Appreciation of life; Relating to others; Personal strength; New possibilities; and Spiritual, existential or philosophical changes
Although posttraumatic growth often happens naturally, without psychotherapy or other formal intervention, it can be facilitated in five ways: through education, emotional regulation, disclosure, narrative development, and service.
Forgeard found that the form of cognitive processing was critical in explaining growth after trauma. Intrusive forms of rumination caused a decline in multiple areas of growth, whereas deliberate rumination led to an increase in five domains of posttraumatic growth. Deliberate rumination involves perceiving multilateral sides of the stressful experience including value, meaning, and significance (Calhoun et al., 2000; Cann et al., 2011), and may also decrease the discrepancy between global and situational meanings, as it promote finding meaning. Trauma-focused cognitive behavioral therapy (TF-CBT) & Compassion-focused therapy (CFT) is a recommended psychotherapy
The two psychological traits which indicate a higher likelihood of experiencing post-traumatic growth are openness to experience and extraversion. Novelty seeking is positively associated with the Big Five personality trait of "extraversion," and to a lesser extent “openness to experience,” but is inversely associated with "conscientiousness." Online poker players are high sensation seekers who gamble to experience strong feelings and arousal, whereas impulsivity plays an important role in developing and maintaining pathological gambling.
CORPORATE SPONSOR: BETA-ARBITRAGE M & A EXAM
Poker Contest: Bankroll Budget*
Math Contest: Linear Algebra Contest, Probability and Ratios
Investment Management Contest: Decentralized Portfolio Building Simulation
Latin and Mandarin Technical Analysis Settings Fair: Year-Long Competition
Blues Ocean Strategy Game Theory Network Mergers & Acquisitions Contest: Macau Game Theory - The course includes modules in areas such as: Essentials of M&A, Due diligence training, Business valuation training, post-merger integration planning
Machine Learning Contest: Quantitative Aptitude
Winners Get a Full Ride to Internships (Licenes Courses I'm Gonna Make with Established Schools and Banks) Freshman Class is made of the contest winners: Mergers & Acquisitions Generalization with Corporate Sponsor; Understanding Capital Markets, Game Theory, Investment Model & Analysis, Quantitative Aptitude, Hedging Techniques, Foreign Language, Business Engineering, Business Models & Reengineering, Offshore Law, Blue Ocean Strategy, Investment Management with Python (Machine Learning)
Ages: 10, 12, 14, 17, 18, 20
SOCIOECONOMIC STATUS DEVELOPMENT CENTRES
Socioeconomic status is the social standing or class of an individual or group. It is often measured as a combination of education, income, and occupation.
EdTech
Business Model: Grants, corporate sponsorships, and recruiting business FutureLearn is another MOOC heavyweight with 210+ partners that include universities, humanitarian foundations, and large businesses. Some startups even rely on corporate sponsorship as their main business model
Generalist Education
VAMMMBRGC: Volleyball, Acting, Modelling, Music, Martial Arts, Ballet (Female), Rings Gymnastics (Male), Graffiti (Art), Cooking (Gastronomy)
STEM: Science, Technology, Engineering, Mathematics
M&A: Merger, Acquasitions
Welfare Investment Program
Fund through Rental Properties: Bond Funds, REITs
Credit Building Program: Line of Credit Deposit Program
Job Placement for Agriculture Working Class
Agricultural Industry means an industrial activity involving the processing, cleaning, packing or storage of the results from agricultural production. The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also "Designation of workers by collar colour") include blue-collar jobs, and most pink-collar jobs. Members of the working class rely exclusively upon earnings from wage labour; thus, according to more inclusive definitions, the category can include almost all of the working population of industrialized economies, as well as those employed in the urban areas (cities, towns, villages) of non-industrialized economies or in the rural workforce.
As with many terms describing social class, working class is defined and used in many different ways. The most general definition, used by many socialists, is that the working class includes all those who have nothing to sell but their labour. These people used to be referred to as the proletariat. In that sense, the working class today includes both white and blue-collar workers, manual and menial workers of all types, excluding only individuals who derive their livelihood from business ownership and the labour of others. The term, which is primarily used to evoke images of laborers suffering "class disadvantage in spite of their individual effort," can also have racial connotations. These racial connotations imply diverse themes of poverty that imply whether one is deserving of aid.
COMMODITIES REAL ESTATE
Insurance Premium, Financial Electronic Data Interchange, Royalties, Lease, & Gross Sale Payments for Restaurant Clientele Grocery Stores and Delivery Food Courts:
A lease payment is the equivalent of the monthly rent, which is formally dictated under a contract between two parties, granting one participant the legal right to use the other individual's real estate holdings, manufacturing equipment, computers, software, or other fixed assets, for a specified amount of time.
Gross sales refer to the grand total of all sales transactions over a given time period. This doesn't include the cost-of-sales or deductions (like returns or allowance). To calculate a company's gross sales, add up the total sales revenue for a specified period of time—monthly, quarterly, or annually.
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Royalties is the amount someone pays you to use your property, after you subtract the expenses you have for the property.
CONFLUENCE FOREX & COMMODITIES BETA-ARBITRAGE FORMULA
Trading Psychology: Play Defense, Focus on preserving capital instead of gaining capital
Position Trading: Currency being used, Shorting Low-Interest Currency against High-Value Currency Or Currency Being used, Shorting Low Interest/High-Value Currency against High-Interest Currency. Examples: Carry-Roll Down Bonds, CFD Forex Gold
Swing Trading: Use mt4/mt5 With Heiken Ashi Charts, Setting at 14 or 21 Momentum Indicator above 0 as Divergence Oscillator and VSA as Reversal Oscillator and Trade when bullish candlesticks above 200 exponential moving average and/or 20 exponential moving average (EMA) on H1 (Hourly) Time Frame; use H4 (4 Hours) and D1 (1 Day) as reference. Works for Oil & Gold Commodities
Master Supply and Demand (S&D) Zones (banks use this)
Candlestick Patterns for Momentum: Bearish Engulfing, Hanging Man, Shooting Star Three Crows, Evening Star, (Short). Bullish Engulfing, The Bearish Inverted Hammer or Regular Hammer (Regardless of Colour), Morning Star, and Piercing Line (Long) are extremely Important
Candlestick Patterns for VSA When Volume Spikes Down and Price is Up Bearish: Shooting Star, Doji, Hanging Man, Doji-Star
Candlestick Patterns for VSA When Volume Spikes Up and Price is Down Bullish: Hammer, Inverted Hammer, Doji, Doji-Star
S&D Reversal Patterns: The Drop-Base-Rally is a bullish reversal pattern, The Rally-Base-Drop is a bearish reversal pattern
S&D Continuation patterns: The Rally-Base-Rally is a bullish continuation pattern, The Drop-Base-Rally is a bearish continuation pattern
Swing Trading Time Frame H1 (Hourly) Reference D1 and H4 to locate supply and demand zones Pivot Points and VSA
Heiken Ashi Candlesticks Much easier to read candlestick charts and analyze market trends
Using Pivot Points for Prediction A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames Works for commodities
Exponential Moving Average (EMA) 200 Day 20 Day
Momentum Indicator Settings 14 or 21
Volume Spread Analysis (VSA Trading) Entry 4 Steps: Identify the trend, Identify the sign of weakness in an existing uptrend, Wait to test the weakness for confirmation for the continuation of the uptrend, Look for any bullish reversal candlestick pattern for entry.
Relative Strength Index (RSI) Relative Strength Index (RSI) is a momentum indicator. It is a single line ranging from 0 to 100 which indicates when the stock is overbought or oversold in the market. If the reading is above 70, it indicates an overbought market and if the reading is below 30, it is an oversold market. RSI is also used to estimate the trend of the market, if RSI is above 50, the market is an uptrend and if the RSI is below 50, the market is a downtrend.
Commodity Channel Index Commodity Channel Index identifies new trends in the market. It has values of 0, +100, and -100. If the value is positive, it indicates uptrend, if the CCI is negative, it indicates that the market is in the downtrend. CCI is coupled with RSI to obtain information about overbought and oversold stocks.
What is Cash-and-Carry-Arbitrage? Cash-and-carry-arbitrage is a market-neutral strategy combining the purchase of a long position in an asset such as a stock or commodity, and the sale (short) of a position in a futures contract on that same underlying asset. A cash-secured put is an income options strategy that involves writing a put option on a stock or ETF and simultaneously putting aside the capital to buy the stock if you are assigned.
What are Gold CFD? A contract for difference (CFD) is a popular type of derivative that allows you to trade on margin, providing you with greater exposure to the gold market. Instead of purchasing gold itself, you buy or sell units for a given financial instrument depending on whether you think the underlying price will rise or fall.
What is Quanto Option? The Quanto option is a cash-settled, cross-currency derivative in which the underlying asset has a payoff in one country, but the payoff is converted to another currency in which the option is settled.
Hedging Strategies: Forex and Commodities CFD, Crude Oil Cash-secured Put Options (Binary Options)
TURF ACCOUNTANT
Beta-Arbitrage (PROFITS FOR BOOKMAKER)
+EV (Investment)
Live Betting (Balance Sheets)
BRANCH BRACKET DISCOUNTED CASH FLOW PORTFOLIO BET SLIP
+EV Round Robin instead of WACC Portfolio
$5 Units
GAME THEORY OPTIMAL POKER WITH LOOSE AGGRESSIVE & GROWTH INVESTING
Growth Investing Strategy & Game Theory
Japanese Candlestick Charts: Bullish Engulfing
Discounted Cash Flow Model: EV (Expected Value replaces WACC)
Mixed Strategy
Fold Equity
Community Cards
Companies Charts and Historical Financials
Royal Flush
Straight Flush
4 of a Kind
Full House
Flush
Hands
FCF of Companies
Strategy
Every chart starts with a green candlestick
Depending on your hand the second candlestick is either green or red
Green for the top 5 hands: Listed above
Red for the bottom 5 hands
If it's green invest by betting
If it's red fold
The third candlestick depends on the Flop
The fourth candlestick depends on The Turn
As more money gets betted the Green candlestick gets larger
After The Flop risk-assessment and probability needs to be accounted for
After The Flop, The Turn, and The River it is possible for a red candlestick to appear because of a fold or a better hand because you lost money. Judge how much money you lost by the size of the candlesticks growth
Tony Dunst Tips
Learn to think in Big Blinds, Opponents are Effective Big Blinds
Identify Player Types then Adjust
Study Big Blind Defense Frequency (Hand Ranges)
Work on Bubble and Final Table Play (Independent Chip Model)
Build 3 Betting Ranges
AFRO-MEDITERRANEAN SOCIOECONOMIC STATUS VOLLEYBALL SPORTS PERFORMANCE FOR KINAESTHETIC LEARNERS
Volleyball Physiological Age System for Both Genders: Plyometric High-Intensity Interval Training Through Cross Training, Wingspan Through Cross Training, Unstable Surface Muscle Recruitment Contrast Training, Isometric-Plyometric-Sprint-or-Vertical Jump Contrast Conditioning, Intermittent Hypoxic Training (IHT) Weighted Jump Rope Respiratory Conditioning, Functional Threshold Power (FTP) Cycling, Fascia and Central Pattern Generator Skill Development, Stretch-Reflex Elastic Strength Training, Running-Based Anaerobic Sprint Test (RAST), Stimulus-Fatigue-Recovery-Adaptation for Supercompensation, Autophagy Recovery, High Fat and High Carb with Lipolysis Supplement Nutrition: 3 Fuels of Energy in Oxygen, Fat, and Glucose, Convert Hybrid Muscle Fibers
Stretch Goal of Having a Physiological Age of 25
Volleyball is an aerobic sport with additional anaerobic demands. This will require volleyball players to work both energy systems, making cardiorespiratory conditioning very important. The aerobic, or lower intensity training, will help build a strong cardio base that is needed for a long match. A study done on college athletes showed that gymnasts and volleyball players had significantly higher bone mineral density than swimmers, which is considered a low-impact sport.
Collagen Athletes: Researchers found that a year of daily collagen peptides supplementation measurably increased bone mineral density in the lumbar spine and in the upper femur. The women also had higher levels of a blood biomarker that indicates bone formation. Collagen provides resistance to tension and stretch, which commonly occur in fascial tissues, such as ligaments, tendons, sheaths, muscular fascia and deeper fascial sub-layers. Julio Jones and Cam Newton do Fascia Beach Workouts https://www.youtube.com/watch?v=Unm5dvlcqL4
Offensive Systems 5-1 System Rotation 1: Setter Starts in Right Back, Rotation Offense to Middle Front, Run One Man or Two Man Routes, Call out Formations
Defensive Systems Middle Back Systems: The Set is important to determine if there’s enough time for one man, two man, or three man block. Shots to Plan for: Dink, Off-speed, and Angle. Setting Blocks: Mix Sequencing of Jump Two Man and Three Man Back
Anta Sports Fashion Collab Circuits (Graffiti Beachwear Fashion Week and Trade Show): Key City Tournaments
Planned Pregnancy: Mercury-Venus Cusp, MSTN Gene, ACTN3 Gene, and XYY Syndrome or Triple X Syndrome
CARTEL THEORY
HSBC Bank Holding Company Equity Financing
What Is a Bank Holding Company? A bank holding company is a corporation that owns a controlling interest in one or more banks but does not itself offer banking services. Holding companies do not run the day-to-day operations of the banks they own. However, they exercise control over management and company policies. They can hire and fire managers, set and evaluate strategies, and monitor the performance of subsidiaries’ businesses.
What Is Equity Financing? Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash. Equity financing comes from many sources: for example, an entrepreneur's friends and family, investors, or an initial public offering (IPO). An IPO is a process that private companies undergo to offer shares of their business to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Palmiers Noirs Rivals
United Kingdom
Jews
Luxembourg (EU Blacklist Creator)
Latin Kings
Sinaloa Cartel
Sonora Cartel
Colombian Cartels
Neymar
Banker Title
Croupier Comptable: An investment banker who has experienced decadence through Casino Capitalism
Palmiers Noirs Structure
Clandestine Cell System
A clandestine cell system is a method for organizing a group of people (such as resistance fighters, sleeper agents, mobsters, or terrorists) such that such people can more effectively resist penetration by an opposing organization (such as law enforcement or military units).
In a cell structure, each of the small group of people in the cell know the identities of the people only in their own cell. Thus any cell member who is apprehended and interrogated (or who is a mole) will not likely know the identities of the higher-ranking individuals in the organization.
The structure of a clandestine cell system can range from a strict hierarchy to an extremely distributed organization, depending on the group's ideology, its operational area, the communications technologies available, and the nature of the mission.
Criminal organizations, undercover operations, and unconventional warfare units led by special forces may also use this sort of organizational structure.
Infrastructure cells
Any clandestine or covert service, especially a non-national one, needs a variety of technical and administrative functions, such as: Recruitment/training, Forged documents/counterfeit currency, Finance/Fundraising, Communications, Transportation/Logistics, Safehouses, Reconnaissance/Counter-surveillance, Operational planning, Arms and ammunition, and Psychological operations
A national intelligence service has a support organization to deal with services like finance, logistics, facilities (e.g., safehouses), information technology, communications, training, weapons and explosives, medical services, etc. Transportation alone is a huge function, including the need to buy tickets without drawing suspicion, and, where appropriate, using private vehicles. Finance includes the need to transfer money without coming to the attention of financial security organizations.
Cartel Definition
Cartel is an ambiguous concept, which usually refers to a combination or agreement between rivals, but – derived from this – also designates organized crime. The main use of ‘cartel’ is that of an anticompetitive association in the economy.
Price cartels engage in price fixing, normally to raise prices for a commodity above the competitive price level.
Cartel Theory
Cartel theory is usually understood as the doctrine of economic cartels. However, since the concept of 'cartel' does not have to be limited to the field of the economy, doctrines on non-economic cartels are conceivable in principle. Such exist already in the form of the state cartel theory and the cartel party theory. For the pre-modern cartels, which existed as rules for tournaments, duels and court games or in the form of inter-state fairness agreements, there was no scientific theory. Such has developed since the 1880s for the scope of the economy, driven by the need to understand and classify the mass emergence of entrepreneurial cartels. Within the economic cartel theory, one can distinguish a classical and a modern phase. The break between the two was set through the enforcement of a general cartel ban after the Second World War by the US government.
Constituent characteristics and exclusion criteria for cartels
Constituent criteria for cartels would be the following: The members are, at the same time, partners as well as competitors (so do e.g. enterprises, states, parties, duelists, tournament knights). These members can be individual persons or organizations. The members of a cartel are independent of each other, negotiating their interests with each other and against each other. So there have to be at least two participants and they determine their interests autonomously. The members of a cartel know each other; they have a direct relationship, in particular they communicate with each other.
Exclusion criteria for cartels would be the following: There is a "hierarchical" or other strong "dependency relationship among the participants": a drug mafia that is organized hierarchically and managed by a single boss can't be a drug cartel in the sense of a real "cartel". KLikewise, a business corporation can't be a "cartel" due to its central management, which controls its subsidiaries. Furthermore, an OPEC, in which all adherents would be dependent on the largest member (since long: Saudi Arabia) would no longer be a "cartel". Similarly, colonial empires from a motherland and colonies do not constitute a "state cartel". The union of competitors, in their entirety or via important members of its association, is dependent on an outside power. A strict, state-mandated compulsory cartel without freedom of choice between the partners would not be a (real) cartel. A suitable example is the "Deutsche Wagenbau-Vereinigung" (German Railway Cars Association), which was organized in the 1920s by the "Deutsche Reichsbahn" (German Imperial Railways) – its "market opponent". The combination takes place between actors of different levels. Thus, the concerted actions of employers’ associations and trade unions in some industrialized countries was not a cartel, because the allies there were no homogenous competitors. The alleged members of a suspected cartel do not know each other, but only randomly show a parallel behavior: “Cartels of the godless”, “cartels of maintenance deniers” or “silent cartels” are therefore usually no real cartels, but pure verbal abuse formulas.
MACAU ECONOMICS
Science
Science of Aesthetics
Nutritional Biochemistry
Vertical-Rotational Force Kinetic Chain
Biomechanics
Sports Medicine
Technology
Biotechnology
FinTeach
RealTeach
Merger & Acquisition EdTech
Engineering
Business Engineering (Tribes Organism and Keynesian Macroeconomics)
Construction Management
Business Model Reengineering
Mathematics (Decentralized Central Banking)
Investment Management
Monetary Policy & Central Banking
Wolf Packs are Generalist
David Epstein examined the world’s most successful athletes, artists, musicians, inventors, forecasters and scientists. He discovered that in most fields—especially those that are complex and unpredictable—generalists, not specialists, are primed to excel. Generalists often find their path late, and they juggle many interests rather than focusing on one. They’re also more creative, more agile, and able to make connections their more specialized peers can’t see.
Wolves are habitat “generalists,” meaning they can adapt to living in many kinds of habitat. They basically need two things to thrive: abundant prey and human tolerance.
Trophic Cascade, an ecological phenomenon triggered by the addition or removal of top predators and involving reciprocal changes in the relative populations of predator and prey through a food chain, which often results in dramatic changes in ecosystem structure and nutrient cycling. (Trillwave in Macau)
A keystone species is an organism that helps define an entire ecosystem. Without its keystone species, the ecosystem would be dramatically different or cease to exist altogether. Keystone species have low functional redundancy. (Trillwave in Macau)
Unpredictable and harsh conditions tend to produce fast life history strategies, characterized by early maturation, a higher number of sexual partners to whom one is less attached, and less parenting of offspring.
BLUE OCEAN STRATEGY BY RENÉE MAUBORGNE AND W. CHAN KIM (COURTESY OF BLINKIST)
What’s in it for me? Conquer uncontested market space.
Every business asks themselves the same question: how can we beat out the competition? And almost every business comes up with the same answer: we need to become bigger, better, and faster to outperform our rivals.
But what if your business didn’t have to beat the competition because there wasn’t any? What if you could enjoy unlimited growth without worrying about limited demand? This isn’t some idle fantasy but a strategic approach that a handful of successful businesses have already made reality. How did they do it? And how can your business do the same? This short Blink will give you a taste.
Escape your competition by setting sail to a blue ocean.
When you establish a new business, competition can be brutal. Whether you’re selling wine, audio books, or life insurance, the market for a product can only get so big. So you’re left to fight with hundreds of other companies for your share of a limited demand. No surprise that America’s most popular business TV show is called Shark Tank! Markets today are like oceans, swarming with hungry companies ready to kill each other. There’s so much blood in the water, we can call these markets red oceans.
But every once in a while, a company emerges that seems to sail past all the competition. These are businesses that rise fast, grow uncontested, and seem to play by their own rules. What are they doing differently?
Well, instead of fighting over scraps in red oceans, these businesses navigate uncharted territory: blue oceans. You can think of blue oceans as all the markets we haven’t yet discovered, for products and services that don’t yet exist. Demand isn’t limited because demand isn’t there – it has to be created. But this isn’t a handicap, it’s an opportunity. Because if the size of your market isn’t limited, neither are your growth and profits.
In blue oceans, the water isn’t bloodied by cut-throat competition. It’s deep, clear, and full of undiscovered potential. The blue ocean strategy gives you the methodology and tools to conquer such uncontested markets. The basic tenet is this: It’s true that the space in a certain industry might be limited. But who’s to say that a business can’t create an entirely new industry?
Let’s look at an example of this in action: famous Canadian circus company Cirque du Soleil. With its extraordinary variety shows, Cirque du Soleil has entertained millions of people worldwide. On top of that, it’s made record profits. Not something you would expect from a circus company! How did the company do it?
Well, Cirque du Soleil did two interesting things. First, it got rid of the old circus staple of animal acts. Then, it supplemented its human acts with live music and compelling storylines. The first move reduced costs while the second introduced exciting new elements into the world of circus. In effect, Cirque du Soleil created a blue ocean: it carved out an entirely new market for artistic theater experiences. And people love it.
Lower your costs and differentiate yourself.
Perhaps you find the example of a circus company a bit too eclectic? No problem. There are thousands of other businesses that have successfully implemented a blue ocean strategy. Companies like Ford, Nintendo, Netflix, Nespresso, Yellow Tail, Southwest Airlines, and even The Body Shop. In this section, we’ll take a closer look at how they succeeded.
But first, a few more words about red oceans. In red oceans – industries that are already established – everyone plays by agreed rules. Not so long ago, these rules might have looked something like this: “Movies can be bought or rented.” “Wine needs to have an air of sophistication.” “Air travel is expensive.” But in blue oceans, none of these rules apply. Blue oceans are actively shaped by the actions of the industry players who create them.
Let’s be clear – you don’t need to reinvent the wheel to establish a blue ocean. Often, a few little tweaks are enough to set a product apart from its competitors and create a new market. It’s really quite simple: Take a close look at your industry as it is right now. Then think about which factors you can Raise, Eliminate, Reduce, and Create. Let’s go through these points step-by-step with examples.
Raise. Think about how you can elevate the product quality, price point, or service standards of your industry. Southwest Airlines did this when it became the first US airline to make domestic flights quick, easy, and affordable for everyone.
Eliminate. Consider which aspects of your product or service can be cut completely. Remember how Cirque du Soleil got rid of costly and unethical animal acts? Every industry has some outdated practice they’d be better off abandoning.
Reduce. Look at which production processes, product features or service offers you can reduce. Australian wine brand Yellow Tail, for instance, decided to reduce its focus on prestigious vineyards and the aging process in favor of affordable wines with broad appeal.
Create. Brainstorm what new features you can offer your customers. Netflix is a premium example of this that barely needs an explanation: it was the first company to offer on-demand streaming for movies and TV shows.
Ideally, considering these questions will help you do two things: lower your costs and differentiate your business from the competition. And that’s really all you need to create a blue ocean. Even more so, if your company keeps addressing these four factors – that’s raise, eliminate, reduce, and create –, it will stay one step ahead of the competition at all times.
Final summary
In this short Blink, you’ve learned about the difference between red and blue oceans. Rather than competing for limited market space, successful businesses often capture new markets with unlimited potential. They’re discovered by raising, eliminating, reducing, and creating industry factors in a way that lowers costs and sets your business apart from the competition.
RANGE BY DAVID EPSTEIN (COURTESY OF BLINKIST)
What’s in it for me? Learn why taking a wide-ranging approach to life will pay off.
In our complex and cutthroat world, there’s a lot of pressure to get a head start and specialize early. Many successful people, such as Tiger Woods, start to focus on one path early in life. But delve a little deeper, and it becomes clear that it’s generalists, not specialists, who are primed to excel.
Generalists may take a little longer to find their path in life, but they are more creative, can make connections between diverse fields that specialists cannot. This makes them more innovative and, ultimately, more impactful.
Drawing on examples from medicine to academia to sport, these blinks explore how breadth and range are far more powerful than specialized expertise. They also show that experts often judge their own fields more narrowly than open-minded, intellectually curious amateurs do.
In these blinks, you’ll learn; what comic books have to tell us about the ingredients of success, how the complexity of modern life has changed the way we think, and why you should be a Roger; not a Tiger.
Starting early and specializing is fashionable, but has dubious merit.
At the age of ten months old, Tiger Woods picked up his first miniature golf club. At two, he showed off his golf drive on national television. Later that same year, he entered and won his first tournament in the under ten category. Tiger Woods embodies a now popular idea that the key to success in life is to specialize, get a head start and practice intensively.
This trend toward specialization doesn’t only show up in the sports world. In fact, it’s also true of academia, our complex financial system and medicine. Oncologists, for example, now rarely focus on cancer alone. Rather, they specialize in cancer of a particular organ. The writer and surgeon Atul Gawande notes that when doctors joke about right-ear surgeons, we shouldn’t be so quick to assume they don’t actually exist.
But is specializing really the way to go? Simply put, no. In many walks of life, building up experience in just one field doesn’t help performance. In a 2009 paper, psychologists Daniel Kahneman and Gary Klein explored the connection between experience and performance.
Klein shows that experience counts in certain fields. For firefighters, for example, years of focused experience trains them to recognize patterns in the behavior of flames, which enables them to make 80 percent of their on-the-job decisions instinctively in seconds.
But Kahneman found that in other areas, experience counted for nothing. Studying the assessment of officer candidates in the Israeli Defence Forces, he found that recruiters’ predictions of a recruit’s future performance, based on physical and mental abilities, were no more reliable than guesswork. Crucially, as the recruiters received more and more feedback after multiple recruitment rounds, they didn’t get any better at making predictions. Kahneman concluded that there was a complete disconnect between experience and performance.
Some fields of life resemble golf or firefighting. While not necessarily easy, they offer recurring patterns or simple rules that govern decision-making. But there are many more fields of life, like army recruitment, that are much more nebulous and require the creativity and flexibility that generalization offers.
Experimentation is as reliable a route to expertise as early specialization.
In 2006, a now 31-year-old Tiger Woods watched Roger Federer win the US Open final for the third year in a row. Both were at the peak of their powers. As they sipped champagne together in the locker room afterward, Federer felt he had never connected with someone who understood his feeling of invincibility so well. They became firm friends. But, as Roger later told a biographer, his story was very different from Tiger’s.
Roger’s mom was a tennis coach, but if she ever felt tempted to coach him, she resisted it. As a young boy, he dabbled in squash, skiing, wrestling, skateboarding, basketball, tennis and badminton. Later, he gave credit to this range of sports experience for helping his hand-eye coordination and athleticism.
Over time, he found that he liked sports with balls. He moved toward tennis as a teenager, but not intensively. In fact, when his instructors recognized his talent and tried to move him to a group of older players, he asked to stay in the group with his friends. Roger Federer’s winding path to tennis success points to the fact that sampling, rather than specialization, can often be the best route to eventual success.
And plenty of evidence across multiple disciplines supports this. This is true even in an area like music, where plenty of outstanding musicians do specialize young. World-renowned cellist Yo-Yo Ma, for instance, started playing music at a very young age. But what many people don’t know is that Ma first tried violin and piano, and only moved to the cello because he didn’t like the first two.
Yo-Yo Ma isn’t alone in this. In a study of students at a British boarding school, music psychologist John Sloboda found that every one of the students who attended structured music lessons early in their development was categorized by the school as “average,” while not one was “exceptional.” In contrast, those children identified as exceptional were those who had tried out three instruments.
So, if you haven’t yet found your calling, experiment. You could take Vincent van Gogh as inspiration. He tried everything from working in bookstores to teaching and art dealing to preaching before finding his calling as an artist who changed painting forever.
Let’s find out how this works.
Living in a complex world has increased the average person’s IQ and ability to think abstractly.
In 1981, James Flynn, a professor of political studies from the beautiful hilly town of Dunedin in New Zealand, changed the way we think about thinking.
Flynn stumbled upon reports of IQ test scores of American troops that showed dramatic improvement between the two World Wars. The same score that placed a World War I soldier in the 50th percentile would only land him in the 22nd percentile of World War II troops. Intrigued, Flynn asked researchers in other countries for data. He received IQ test results from the Netherlands that showed similarly huge leaps from generation to generation. He then compiled data from 14 other nations.
In what’s now known as the Flynn effect, this research reveals an average three-point increase in IQ every decade in over 30 countries. But what causes this rapid rise? The work of a Russian psychologist, Alexander Luria, gives us an idea.
In 1931, the Soviet Union was changing rapidly. Remote, essentially premodern villages operating in ways unchanged for centuries were converted to collective farms with industrialized development, planned production and division of labor.
Luria capitalized on this rate of change to conduct unique studies. In one experiment, he asked villagers to sort wools into groups. In more modern villages, people would happily group similar pieces of wool, like those in different shades of blue. But in the remote, still premodern villages, participants simply refused to do so. According to them, each piece of wool was different – it was an impossible task!
Other questions involving conceptual thinking got a similar response. One villager, named Rakmat, was shown a picture of three adults and one child and asked which person did not belong. But Rakmat didn’t think about the question abstractly, as we would, and identify the child as different. Instead, he insisted that the boy must stay with the adults and help them with their work.
Luria’s findings were clear. The more exposure to modernization, the greater the ability to make conceptual connections between objects or abstract notions. Today, our minds are constantly dealing with abstract concepts. We glance at a download progress bar on our computer, for example, and instantly understand its meaning. Our minds are better at understanding a breadth of topics and making connections between ideas than ever before.
And yet, we continue to narrow our conceptual focus.
If you want it to stick, learning should be slow and hard, not quick and easy.
The teachers you liked the most in your educational career might be the ones who taught you the least. A study of teaching at the US Air Force Academy tracked the progress of thousands of students working with hundreds of different professors, starting with Calculus I classes. It found that the professors whose students’ got better grades on the exam were also highly rated in student evaluations. The professors whose students did not receive good grades received harsher student feedback.
But when the economists conducting the study looked at long-term results, there was a twist. The professors who received positive feedback had a net negative effect on their students in the long run. In contrast, those professors who received worse feedback actually inspired better student performance later on.
Rather than teaching to the test, these professors appeared to be facilitating a deeper understanding of underlying math concepts. It made their classes frustrating and difficult, hence the poor grades and student evaluations. But it paid off in the long run. Those professors were using desirable difficulties – harder, but ultimately more rewarding, ways to learn.
There are certain techniques we can all use that embrace desirable difficulties. One such technique is spacing, which means leaving time between learning something and practicing it. Consider a 1987 study in the Journal of Experimental Psychology. This study separated Spanish students into two groups, testing one group on vocabulary that they had learned the same day, and the other group weeks later. Eight years later, and with no further study in the interim, the two groups were tested again. The results showed that the latter group could remember over 200 percent more words.
Even short-term spacing is effective. In a 1972 study, researchers at Iowa State University read people a series of words. The first group of participants was asked to recite the words straight away. Another group was asked to recite them after being distracted for fifteen seconds by some simple math problems.
The first group did considerably better than the group that was distracted. But later the same day, the participants were asked to write down each word they could recall. This time, the group that previously performed worse did the best. The process of working hard to recall the information in the first instance had helped them move it from short-term to long-term memory.
So, don’t get too excited by quick progress when you learn. Embrace hard, slow learning. It will pay off in the long run.
A narrow focus is unhelpful, and a remedy for this is to think outside the box.
In some environments, dealing with specialists is desirable. If you need an operation, you probably want a doctor who specializes in the procedure and has done it many times before. However, as we benefit from more reflection and thinking, this narrow focus can be unhelpful.
For example, cardiologists use stents – metal tubes that hold blood vessels open – to treat chest pain so often that they often do so reflexively, even in situations that may be dangerous or inappropriate. This explains a 2015 study by Dr. Anupam Jena of Harvard Medical School. The study found that patients with cardiac arrest or heart failure were actually less likely to die if they were admitted to hospital while top cardiologists were away.
Other fields also point to the benefits of looking at problems with an outside view, rather than the inside view dictated by your own particular specialty.
In a study by University of Sydney professor Dan Lovallo, private equity investors were asked to provide a detailed assessment of businesses they were considering investing in, including their estimated return on investment. The investors were then asked to write notes about some other projects with broad similarities, like another tech start-up or an infrastructure project.
It turned out that the investors’ estimates of returns for the businesses they were actually planning to invest in were around 50 percent higher than for those alternative projects they had identified but not looked at in detail. The investors were shocked to discover the differences, and quickly slashed their estimated profit for their original potential investments.
As further psychological research has repeatedly shown, the more details we consider about something, the more extreme our judgments become. In one example, students rated a university higher when told that only certain science departments, rather than all science departments, were ranked in the national top ten.
Clearly, failing to see things from a broad perspective can lead to some bad calls.
A breadth of experience and interest drives innovation.
Comic books can tell us a surprising amount about range and success. When Dartmouth business professor Alva Taylor and Henrik Greve from the Norwegian School of Management decided to examine the impact of individual breadth on creative impact, they chose to study comics.
Tracking the careers of comic creators and the commercial success of thousands of comic books from 1971 onward, they made some predictions about what would boost the average value of a comic. They predicted that the more comics a creator made, the better the comics would be. Further, they thought that the more resources a publisher had, the higher quality and more successful its product would be.
All these assumptions were wrong. Neither experience nor financial resources bred success. What did drive success was the breadth of a comic creator’s experience across comic genres. Of 22 genres, the more a creator had worked in, from comedy to crime, fantasy to non-fiction, the more successful they were. But this link between breadth and success isn’t just the case in creative or artistic worlds.
Andy Ouderkirk, an inventor at the multinational company 3M, was named Innovator of the Year in 2013 and has been named on 170 patents, a proxy for creative success. He became fascinated with what generates successful and inventive teams, so he started to do some research. He found that the inventors who were most likely to succeed within 3M and win the company’s Carlton Award, which recognized innovation, were not specialists. They were polymaths, people with one area of depth, but a great deal of expertise in other areas as well.
These polymaths tended to have many patents in their area of focus, but also repeatedly took expertise gathered in one area and applied it to another. A study of prestigious scientists led by Robert Root Bernstein, a Professor of Psychology at Michigan State University, confirm Ouderkirk’s findings. Comparing Nobel prize-winning scientists to other scientists, the figures show that Nobel laureates are a full 22 times more likely to be an amateur actor, magician, dancer or performer.
So, for any hiring managers out there looking for fresh talent, here’s a plea. Don’t just look for people who fit into your clearly-defined slots. Make some space for those who don’t fit so clearly into any one category. Their breadth of experience might be invaluable.
The experts and pundits that our society listens to are usually hopeless at making predictions.
During 20 years of the Cold War, world-renowned forecasting expert Philip Tetlock collected and assessed the predictions of 284 experts. He concluded that experts are absolutely terrible at making predictions about anything.
Tetlock found that an expert’s years of experience, academic degree and even ability to access classified information made no difference. When experts said that some potential event was impossible, it happened in 15 percent of cases. Events declared to be an absolute sure thing failed to occur 25 percent of the time.
And worryingly for anyone who listens to cable news, Tetlock found that there was a perverse and inverse relationship between fame and accuracy. The more an expert appeared in the news, the more likely they were to be wrong, or as Tetlock famously put it, “roughly as accurate as a dart-throwing chimpanzee.”
One of the problems was that many of the experts’ focus was too narrow. Having spent entire careers studying a single issue – say, US-Soviet relations – they tended to have explicit theories about how it worked. So, what makes a better forecaster of future events? Well, researchers like psychologist Jonathan Baron point to active open-mindedness – a willingness to question your own beliefs. Most of us fail at this, and can’t override our strong instinct to cherry-pick evidence that confirms our existing beliefs.
Consider a study run by Yale professor Dan Kahan. Pro and anti-Brexit voters were first tasked with interpreting a set of statistics about the effectiveness of a skin cream. Most participants completed the task successfully. But when presented with the same numbers framed as the link between crime and immigration, many of the participants misinterpreted the statistics according to their political beliefs. The same study has yielded similar results in the US on the topic of gun control.
So, how exactly can we combat our tendency to stick to our existing beliefs, despite the evidence? Kahan argues that one personality feature is important if we want to stay open-minded and think clearly about the world around us. Instead of scientific knowledge – how much you know – emphasize scientific curiosity – a desire to learn more, willingness to look at new evidence and ability to think with a genuinely open mind.
Now, let’s consider how we can embrace this kind of curiosity.
To be more of a generalist, you need to change your attitude toward learning and success.
See if you can answer this question correctly. Disease X has a prevalence of one in 1,000 people. The test for the disease has a false positive rate of five percent. What is the chance that someone receiving a positive test result has the disease?
If your answer was two percent, or 1.96 to be precise, you got it right. And in doing so, you did better than the 75 percent of physicians and students at Harvard and Boston University who got it wrong. Their most frequent answer was 95 percent.
The problem is straightforward if you know how to think about it. In a sample of 10,000 people, ten will have the disease and get a true positive. Five percent, or 500 people, will get a false positive. So out of the 510 people with a positive result, only 10, or 1.96% are ill. Sadly, many students aren’t taught to think openly about such problems. And this, according to Arturo Casadevall – a star in the world of microbiology and immunology – has to change.
In a new role at the Johns Hopkins Bloomberg School of Public Health, Casadevall is developing programs focused on an interdisciplinary understanding of topics such as philosophy, ethics, statistics and logic. One course, called “How do we Know What is True,” examines different types of evidence in various academic disciplines. “Anatomy of Scientific Error” encourages students to hunt for signs of misconduct or poor methodology in scientific research.
Casadevall hopes that, with a more rigorous grounding in reasoning and multidisciplinary thinking, students will be better prepared to make a real impact on our economy and society.
Of course, not all of us hold senior academic positions like Casadevall. What can we do to expand our range? Well, one thing is to embrace failure. Dean Keith Simonton, a creativity researcher, has shown that the more work creators produce, the more failures they produce, but they are also more likely to produce a superstar success. Thomas Edison, for instance, held over 1,000 patents, many of which were ultimately failures. But his successes, like the light bulb, were revolutionary.
Treading a wide-roaming, disorderly path of experimentation may not always bring instant results. But it may just be the best route to greatness in the end.
Final summary
The key message in these blinks: Embracing range, experimentation and breadth of experience is often a better road to success than specialization. Range demands patience, open-mindedness and scientific curiosity. If we can foster and exemplify these, the chances that we will generate major innovations and contribute significantly to our economy and society increase.
THINKING IN BETS BY ANNIE DUKES (COURTESY OF BLINKIST) CROUPIER COMPTABLE PSYCHOLOGY
Human minds tend to confuse decisions with their outcomes, which makes it hard to see mistakes clearly.
Super Bowl XLIX ended in controversy. With 26 seconds left in the game, everyone expected Seattle Seahawks coach Pete Carroll to tell his quarterback, Russell Wilson, to hand the ball off. Instead, he told Wilson to pass. The ball was intercepted, the Seahawks lost the Super Bowl, and, by the next day, public opinion about Carroll had turned nasty. The headline in the Seattle Times read: “Seahawks Lost Because of the Worst Call in Super Bowl History”!
But it wasn’t really Carroll’s decision that was being judged. Given the circumstances, it was actually a fairly reasonable call. It was the fact that it didn’t work.
Poker players call this tendency to confuse the quality of a decision with the quality of its outcome resulting, and it’s a dangerous tendency.
A bad decision can lead to a good outcome, after all, and good decisions can lead to bad outcomes
In fact, decisions are rarely 100 percent right or wrong. Our decision-making is like poker players’ bets. We bet on future outcomes based on what we believe is most likely to occur.
So why not look at it this way? If our decisions are bets, we can start to let go of the idea that we’re 100 percent “right” or “wrong," and start to say, “I’m not sure.” This opens us up to thinking in terms of probability, which is far more useful.Volunteering at a charity poker tournament, the author once explained to the crowd that player A’s cards would win 76 percent of the time, giving the other player a 24 percent chance to win. When player B won, a spectator yelled out that she’d been wrong. But, she explained, she’d said that player B’s hand would win 24 percent of the time. She wasn’t wrong. It was just that the actual outcome fell within that 24 percent margin.
If we want to seek out truth, we have to work around our hardwired tendency to believe what we hear.
We all want to make good decisions. But saying, “I believe X to be the best option” first requires good-quality beliefs. Good-quality beliefs are ideas about X that are informed and well thought-out. But we can’t expect to form good-quality beliefs with lazy thinking. Instead, we have to be willing to do some work in the form of truth-seeking. That means we have to strive for truth and objectivity, even when something doesn’t align with the beliefs we hold.
Focusing on accuracy and acknowledging uncertainty is a lot more like truth-seeking, which gets us beyond our resistance to new information and gives us something better on which to bet.
We can learn a lot from outcomes, but it’s difficult to know which have something to teach us.
The best way to learn is often by reviewing our mistakes. Likewise, if we want to improve our future outcomes, we’ll have to do some outcome fielding. Outcome fielding is looking at outcomes to see what we can learn from them.
To become more objective about outcomes, we need to change our habits.
Habits work in neurological loops that have three parts: cue, routine and reward. As Pulitzer-prize-winning reporter Charles Duhigg points out in his book The Power of Habit, the key to changing a habit is to work with this structure, leaving the cue and reward alone but changing the routine.
We can improve our decision-making by being part of a group, but it needs to be the right kind of group.
We’ve all got blind spots, which makes truth-seeking hard. But it’s a little easier when we enlist the help of a group. After all, others can often pick out our errors more easily than we can.
But to be effective, a group dedicated to examining decisions isn’t like any other. It has to have a clear focus, a commitment to objectivity and open-mindedness, and a clear charter that all members understand.
In a decision-examining group committed to objective accuracy, this kind of change is self-reinforcing. Increasing objectivity leads to approval within the group, which then motivates us to strive for ever-greater accuracy by harnessing the deep-seated need for group approval that we all share.
To work together productively, a group needs CUDOS.
Shared commitment and clear guidelines help define a good-quality decision-examining group. But once you’ve got that group, how do you work within it?
You can start by giving each other CUDOS.
CUDOS are the brainchild of influential sociologist Merton R. Schkolnick, guidelines that he thought should shape the scientific community. And they happen also to be an ideal template for groups dedicated to truth-seeking. The C in CUDOS stands for communism. If a group is going to examine decisions together, then it’s important that each member shares all relevant information and strives to be as transparent as possible to get the best analysis. It’s only natural that we are tempted to leave out details that make us look bad, but incomplete information is a tool of our bias. U stands for universalism – using the same standards for evaluating all information, no matter where it came from. When she was starting out in poker, the author tended to discount unfamiliar strategies used by players that she’d labeled as “bad.” But she soon suspected that she was missing something and started forcing herself to identify something that every “bad” player did well. This helped her learn valuable new strategies that she might have missed and understand her opponents much more deeply. D is for disinterestedness and it’s about avoiding bias. As American physicist Richard Feynman noted, we view a situation differently if we already know the outcome. Even a hint of what happens in the end tends to bias our analysis. The author’s poker group taught her to be vigilant about this. But, teaching poker seminars for beginners, she would ask students to examine decision-making by describing specific hands that she’d played, omitting the outcome as a matter of habit. It left students on the edge of their seats, reminding them that outcomes were beside the point! “OS” is for organized skepticism, a trait that exemplifies thinking in bets. In a good group, this means collegial, non-confrontational examination of what we really do and don’t know, which keeps everyone focused on improving their reasoning. Centuries ago, the Catholic church put this into practice by hiring individuals to argue against sainthood during the canonization process – that’s where we get the phrase “devil’s advocate.”
If you know that your group is committed to CUDOS, you’ll be more accountable to these standards in the future. And the future, as we’ll see, can make us a lot smarter about our decisions.
To make better decisions, we need to spend some time in the future.
Temporal Discounting – making decisions that favor our immediate desires at the expense of our future self – is something we all do.
We can also recruit our future feelings using journalist Suzy Welch’s “10-10-10.” A 10-10-10 brings the future into the present by making us ask ourselves, at a moment of decision, how we’ll feel about it in ten minutes, ten months and ten years. We imagine being accountable for our decision in the future and motivate ourselves to avoid any potential regret we might feel.
Backcasting, imagining a future in which everything has worked out, and our goals have been achieved, and then asking, “How did we get there?" This leads to imagining the decisions that have led us to success and also recognizing when our desired outcome requires some unlikely things to happen. If that’s the case, we can either adjust our goals or figure out how to make those things more likely.
Premortems are when we imagine that we’ve failed and ask, “What went wrong?" This helps us identify the possibilities that backcasting might have missed. Over more than 20 years of research, NYU psychology professor Gabrielle Oettingen has consistently found that people who imagine the obstacles to their goals, rather than achieving those goals, are more likely to succeed.
Final summary
The key message in these blinks: You might not be a gambler, but that’s no reason not to think in bets. Whether or not there’s money involved, bets make us take a harder look at how much certainty there is in the things we believe, consider alternatives and stay open to changing our minds for the sake of accuracy. So let go of “right” and “wrong” when it’s decision time, accept that things are always somewhat uncertain and make the best bet you can.
Side Note: I think there is a link between Poker and Financial Psychopathy & Cerebral Narcissism because of the Rewiring of the Brian Benefits of Poker through Dopamine Release.
PITCH ANYTHING BY OREN KLASS (COURTESY OF BLINKIST)
PITCH ANYTHING is a fast-paced narrative packed with crystal clear examples illustrating the unique S.T.R.O.N.G. Method, which takes advantage of how the brain really works by Setting the Frame; Telling the Story; Revealing the Intrigue; Offering the Prize; Nailing the Hookpoint; and Getting a Decision.
You must tailor your pitch to the audience’s croc brains.
Everyone should learn to pitch ideas well. In every profession, from dentistry to investment banking, there comes a time when you must convince someone of something. Unfortunately, there is a gap between what we are trying to tell our audience and how they perceive it. To understand this gap and overcome it, we must look at the evolution of the human brain.
Basically, the human brain has evolved in three separate stages, resulting in three distinct parts: the primitive reptilian part, the croc brain, developed first. It’s a simple device primarily focused on survival and it can generate strong emotions, like the desire to flee a predator. Next, the midbrain developed. It allows us to understand more complex situations, such as social interactions. Finally, the sophisticated neocortex evolved, facilitating reasoning and analysis to understand complex things.
When you pitch, you use your neocortex to put into words the ideas you are trying to convey. Unfortunately, your audience doesn’t at first process these ideas with their neocortices. Instead, it is the audience’s primitive croc brains that receive the ideas and they ignore everything that is not new and exciting. Worse still, if your message seems abstract and unfathomable to the croc brain, it might perceive the message as a threat. This will make your audience want to flee to escape the situation.
This is why you must tailor your pitch to the croc brain. Since croc brains are simple, your message should be clear, concrete and focused on the big picture. You also need to ensure the croc brain sees your message as something positive and novel, which deserves to be passed on to the higher brain structures.
To secure your target’s attention, you must create desire and tension.
The one critical thing you need throughout your pitch is the attention of your target. To successfully attain this, research has shown that you must evoke two sensations in your pitch: desire and tension. Desire arises when you offer your target a reward, and tension arises when you show them they might lose something, like an opportunity, as a result of this social encounter. On a neurological level, this effectively floods your target’s brain with two neurotransmitters: dopamine and norepinephrine.
Dopamine is a chemical associated with anticipating rewards — desire. One such reward would be the pleasure of understanding something new, such as solving a puzzle. Thus, to increase the level of dopamine in your target’s brain, you must introduce novelty through a pleasant surprise, like an unexpected yet entertaining product demo.
Norepinephrine, on the other hand, is the chemical responsible for alertness and it creates tension in the target. If your pitch convinces them that there is a lot at stake here, their brains will be flooded with norepinephrine.
To create tension, you must create a bit of low level conflict with a push-pull strategy. This means first saying something to push the target away, like, “Maybe we aren’t a good match for each other.” You then counter this by pulling the target back toward you with something like, “But if we are, that would be terrific.”
This push-pull dynamic creates alertness in the target, as they sense that they might lose this opportunity. Depending on the situation, you may use very powerful push-pull statements, especially if you sense your target’s attention beginning to wane.
To control a meeting, you must first establish frame control.
Different people will see any given situation from a different perspective or point of view based on their intelligence, ethics and values. These perspectives are called frames, and they dictate how we perceive social situations such as meetings and sales pitches. Frames also determine who controls those situations.
When two people meet, their individual frames crash into each other. Only one frame can survive such an encounter — the stronger one. For example, let’s assume a cop pulls you over for speeding. He has a strong moral-authority frame and you only have a weak “I’m so sorry officer”-frame. It is clear that when your frames clash, his frame will prevail. This means he will control every aspect of the encounter: from its duration to its content and tone.
You will often face a similar clash of frames in a business environment; for example, a customer may be focused on the price of your product while you are focused on its quality. You will both try to get the other to focus on what you think is important.
If it is your frame that survives this clash, you will have frame control in the situation meaning your ideas and statements will be accepted as facts by the customer. This is a crucial advantage in any pitch. Without frame control, you are unlikely to convince anyone of anything.
You will often encounter the power frame, time frame and analyst frame, hence you must know how to counter them.
In a pitch or sales meeting you will often encounter certain archetypes of frames, and it is important you choose strong with which to counter them.
Typically, your target will use the power frame which exudes arrogance. You must not do anything that validates the other person’s power. Instead, use small acts of defiance and denial to bust the frame; for example, by yanking your presentation material away from the target if they do not seem to be taking it seriously.
Another oft-used frame is the time frame, where your customer asserts control over time: “I only have ten more minutes.” This is meant to push you off balance, but you can always counter with: “That’s fine, I only have five.”
A particularly lethal frame is the analyst frame, denoted by a fixation on details and numbers. If your opponent is in this frame, they will likely insist on drilling down into minor technical and financial details, effectively bogging down your pitch.
In such situations, give a direct but high-level answer to the question asked and get right back to your pitch. Analysis comes later. Before more questions come up, counter the analyst frame with your own intrigue frame. This basically means you tell a compelling personal story and leave it unfinished as a cliffhanger: “… so there we were, in a pitch black, falling airplane with no idea what was going to happen. Anyway, back to the pitch …" This redirects the focus of the room onto you and makes the discussion personal once again.
Use prizing to make the target seek your acceptance.
The most important frame you should be able to use is the prize frame, as it works in a variety of situations against many opposing frames.
Typically when you’re selling something or pitching an idea, your target will tend to see their money as the “prize” of the meeting, something you have to fight for. You must reframe the situation so that you are the prize and they would be lucky to do business with you.
Because people tend to want things they can’t have, prizing yourself will make your target work for your acceptance instead of the other way around. BMW does this with a special-edition M3. The company demands prospective buyers sign a contract assuring they will take proper care of the car, otherwise they cannot buy one.
In a pitching situation, never engage in behavior that makes it seem as if you are chasing the target, for example by agreeing to last minute schedule changes or trying to prematurely close the deal by saying things like, “So, what do you think so far?” Such behavior only reinforces the impression that the target is the prize. Instead, get your target to explicitly qualify themselves to you; for example, you could say, “I am very particular about with whom I work. Why should I do business with you?” This usually catches them off guard and they start trying to impress you.
Stack frames to trigger hot cognitions.
Contrary to popular belief, we are more prone to making choices instinctively than through rational analysis. In fact, we often make a decision about something before we even fully understand it and only later come up with reasons for that decision. These gut calls are called hot cognitions, whereas the decisions arrived at through rational reasoning are known as cold cognitions.
After you’ve introduced your big pitch idea, you want to trigger hot cognitions within your target. These will make him or her want what you have to offer in mere seconds, instead of analyzing your pitch for days to reach a rational, cold decision. You trigger the hot cognitions by stacking frames, meaning you introduce multiple frames in quick succession.
The first frame is the intrigue frame: you tell your target a compelling story, a personal narrative where a dilemma is solved. At the crucial juncture, you stop telling the story, leaving your target on the edge of their seat, ensuring their full attention.
Next, you pile on the prize frame, where you flip the tables on the target: instead of trying to impress them, make them qualify themselves to you. You could say something like, “This deal has so many investors after it, I have to choose who to take on board.”
After this, you stack on the time frame by adding time pressure to the pitch: “Unfortunately, this is a limited-time offer, and the train, so to speak, is leaving the station on Monday.” This will make the target feel like they are losing an opportunity, at which point they will want it even more.
By triggering all these hot cognitions in the target, you will leave them drooling for what you have to offer.
Don’t be needy – make the target chase you.
Neediness, otherwise known as validation-seeking behavior, is a sign of weakness and it can be absolutely fatal to your pitch. If you act needy, the audience will sense you are weak and their primitive croc brains will classify your proposal as a threat – to their money. This can easily push you into a vicious cycle where the audience becomes more and more distant due to your neediness, which in turn makes you anxious and even needier!
To negate neediness, you can use a simple three-step formula based on the movie The Tao of Steve, where the protagonist, Dex, follows a pseudo-Taoist philosophy to pick up women.
First, try to eliminate your desires, at least in the eyes of the target. If they have something you desperately want, this will translate as neediness in you. To negate this, make it clear to the target that you do not need them.
Second, focus on the things you do well, your strengths. Demonstrate something that showcases your excellence. Dex, for instance, was great with children and made sure the target of his affections saw this. Similarly, you must demonstrate excellence in front of your target.
Third, withdraw. At the crucial moment when your target expects you to chase them for their money, withdraw instead by saying something like, “I’m not totally convinced we’re a good match for each other.” This will make them chase you, much like the women in the Tao of Steve chased Dex.
To pitch effectively, you must attain situational alpha status.
Status plays a vital part in any social encounter. In any meeting, a dominant member known as an alpha emerges, while others take subordinate beta-positions. It is very difficult to be persuasive from a beta-position; hence, you must grab alpha status.
Though some elements of status, like your reputation or wealth, are quite stable, situational status can vary immensely; for example, while a successful surgeon has considerably higher social status than a golf teacher, the teacher is still the alpha during a golf lesson.
Often your pitch targets will lay so-called beta traps to force you into the situational beta position; for example, being made to wait in the lobby is a classic beta trap.
You must try to ignore these traps and avoid doing anything that enforces your opponent’s alpha status. Instead, use small acts of defiance and denial to grab the situational alpha status for yourself as soon as you can.
Say a customer has made you wait in the lobby. Once in the meeting room, you could begin examining some papers on the table in front of you. When the customer peeks at them, you could yank them away and say something like, “Nope, not until I’m ready.” If done in a good-natured, half-joking manner, this enforces your alpha position.
Once you have alpha status, you must then steer the discussion into a direction where you are the expert, much like the golf professional talks about golf, not heart surgery, when teaching the surgeon. To solidify your status, force your opponent to say something that reinforces your alpha position with a good-natured jest, like, “Remind me, why on earth should I work with you guys on this?”
Keep your pitch short and simple.
Before you begin any pitch, let your target know you will keep the presentation short. This will put them at ease. When Watson and Crick presented their Nobel Prize-winning idea of the DNA helix, they only needed five minutes. If you know what you are doing, you can pitch anything in twenty.
Start your pitch by introducing yourself. This does not mean rattling off your entire résumé but just outlining your greatest successes, like projects where you really did something impressive.
Most people will be tempted to jump right to the “big idea” for which they’re trying to get financing. But before you get to it, you should address one crucial concern in your target’s mind. Namely, you must explain why now is the right time to invest.
Rather than a long and complex analysis, simply outline the economic, social and technological forces which make your deal unmissable right now. Economic forces that benefit your pitch, for example, could be your target customers becoming wealthier and interest rates going down, the social forces could be the rising consumer concern for the environment, and the technological force could be the development of the electric car. You must present these forces in a way that shows a window of opportunity has recently opened but will not remain open forever.
The three forces set the stage and paint a backstory for your big idea, which should also be kept brief and simple. Use an established “recipe” for this: “For [target customers] who are dissatisfied with [current offerings on the market]. My product is a [new idea] that provides [solution to key problem] unlike [competing product]. My product has [key product features].”
That’s it. The time for details comes later.
Final summary
The key message in this book is: In any social encounter where you aim to be persuasive, it is vital that you seize control of the situation and ensure the target sees your pitch through the frame of mind you have chosen. At the same time, you must cater your pitch so that on a neurological level, the target’s brain works for you, not against you.
TRIBES BY SETH GODIN (COURTESY OF BLINKIST)
All Tribes Share 3 Components
A Group of People
A Common Cause
At least one Leader who Represents and Organizes the Tribe
The most important feature for a tribe is the shared cause.
A tribe’s shared cause leads its members to internalize the tribe’s values and ideas as their own. These internalized incentives make tribe members into driven believers instead of mere followers
Don’t engineer your ideas for the masses: make it exclusive and meaningful for a distinct group of people.
Apple set out to produce a new kind of phone that almost no one would initially like, but that a few people would really love.
With today’s technology, everyone can form and lead a tribe.
The first thing to know is that people need to be able to communicate intensely about their shared cause. This means that communication can’t just be vertical – between you (the leader) and the individual tribe members – more importantly, it must be horizontal, between tribe members.
With today’s technology, you have everything you need to facilitate both vertical and horizontal communication. Websites, blogs and social networks allow you not only to spread your cause, but also provide the room and the tools for your tribe to communicate, share ideas and organize. For example, you can use Basecamp to organize projects, and Twitter to share brief updates about developments. At the same time, these websites allow you to set ground rules for participation, and align everyone with your common vision by setting specific goals.
If you have a meaningful cause and the will to lead, people will follow.
Have you ever wondered how many people make up a movement? The answer is around 1,000: that’s the amount of true believers you need for a group to keep moving.
Creating a movement is about organizing an existing yearning into a way that tribe members can connect with each other, and form a movement under your leadership.
As former U.S. Senator Bill Bradley defines it, a movement contains three elements: A narrative that tells the story of the future you’re trying to build; a connection between the leader and the tribe and among the tribe members; and something to do – the fewer limits, the better.
When forming a tribe, don’t worry about making it grow – concentrate on tightening connections.
At least in the beginning, a tribe’s biggest advantage is not its size, but the multiple connections between the members, the leader and the outside world.
In fact, a tribe has four different directions of communication: Leader to tribe, tribe to leader, tribe members to one another and tribe member to outsider. Normal marketing pales in comparison, with communication generally only in one direction: company to market.
The most important of these directions is the communication between members. And this is where tightening a tribe comes in.
Tightening a tribe means bringing members closer together by facilitating communication and tightening their common bonds. You can do this by transforming a shared interest into one passionate goal, and by providing a platform for members to easily connect with each other.
Or you can harness the power of insiders and outsiders. To create a feeling of cohesion, you have to develop a culture of insiders – which inevitably excludes others. This allows the tribe to differentiate itself from other tribes, and create a stronger sense of internal identification.
Leadership is about stepping into a vacuum and creating motion.
For a tribe to form there has to be a particular change that people want to see made. This need for change has to come from a certain discomfort with the status quo, from a sense that there is something missing in the world. A leader steps right into this discomfort zone – the vacuum – and starts to organize so people will follow him.
Leaders do this despite the risks because of two things: they have faith in the cause and they know that innovation is always more effective the earlier it happens – so the sooner the better.
To make the world a better place, we need more heretics and less sheepwalkers.
What we need in the world are more heretics: people who question the status quo and the existing dogmas, and take action without asking for permission. Organizations need more heretics to advocate change from the inside: because if you hire amazing people and give them freedom, they will do amazing things. And tribes need heretics as leaders to break into new territory and help change the world.
ARMED ROBBERY INFLUENCE PASSING ATHLETE
Generalist Kinaesthetic Learners VAMMMBRGC
Volleyball
Acting
Modeling
Music
Martial Arts
Ballet (Female Only)
Rings Gymnastics (Male Only)
Graffiti (Art)
Cooking (Endorsements)
Characteristics
Suddenness
Speed
Intense
Aggressive Intervention for the Victim
Maximum Masking his own Contribution
Choosing the appropriate moment to attack and target the more vulnerable and defenseless victims.
Roles: The Bosses
**The Mastermind: The leader, who found the target, calls the shots, and thought up the plan. Usually the most experienced in the business as well, and very respected by their crew otherwise they wouldn't be able to keep all these amoral people in line. Compare The Chessmaster (Bullet Chess), The Captain, the Big Bad. May or may not have been the one to put the team together
**The Partner In Crime: The leader's second-in-command, who assists The Mastermind in plan-making and usually almost equally as experienced. Depending on the nature of the crew, he might be the only one besides The Mastermind who actually knows what's going on. May overlap with other roles. Compare The Lancer, The Dragon, the Number Two.
**The Backer: The Client who is paying for everything. Sometimes he has a deadline or is fussy in some other way that influences the crew's actions. Usually only The Mastermind and his Partner interact much with him. There isn't always a backer though, sometimes the crew front the money themselves and fence it hoping to make back enough for a profit.
Business Equity Heist
Scatter Site Shares Appreciation Rights Social Club
Bullet Chess Influenced Robbery
Preparation: The first step in creating such a good repertoire is to understand that memorization comes in a distant second to an appreciation of the ideas behind your opening moves
Prophylaxis*: In the game of chess, prophylaxis or a prophylactic move is a move that stops the opponent from taking action in a certain area for fear of some type of reprisal. Prophylactic moves are aimed at not just improving one's position, but preventing the opponent from improving their own.
Pre-Move: This is when you make your move *before* the opponent has taken their turn. Helps with Time and Creates psychological pressure.
Tactical Vision: Tactics are maneuvers that take advantage of short-term opportunities. They can support your strategy and/or destroy your opponent's plan and ideas. Tactical and combinational themes must be mastered.
Opening Game: A chess opening is the group of initial moves of a chess game. In addition to referring to specific move sequences, the opening is the first phase of a chess game,
Middle Game: The middlegame in chess is the portion of the game in between the opening and the endgame, though there is no clear line between the opening and middlegame or between the middlegame and endgame. Theory on the middlegame is less developed than the opening or endgames.
Development: It is important to develop your whole Army. Note the word whole. Some players get a few pieces out and launch an attack. The necessity for quick development depends on the type of Center that exists. For example, if the center is closed, development is not necessarily a priority because the enemy pieces won't be able to break into your position. However, if the center is open, development takes on a great significance
Initiative**: The side that forces it's ideas on a reacting opponent and Are making believable threats or responding to threats.
Dynamic Advantage: A dynamic Advantage centers around temporary items like development, the initiative, and more active pieces. Make sure you make use of this Dynamic plus before the opponent catches up in development, initiative runs dry, or you're active pieces are exchanged
Compensation: If you give up something (space, structural weakness, squares, material) and get nothing in return you are in trouble. However if you give up the same imbalances (space, structural weakness, squares, material) in exchange for different types of imbalance you are said to have compensation for whatever it is you gave up
Material Advantage: A material advantage goes to the player who has more and/or stronger pieces.
End Game: In chess and chess-like games, the endgame is the stage of the game when few pieces are left on the board. The line between middlegame and endgame is often not clear, and may occur gradually or with the quick exchange of a few pairs of pieces.
KEY MOTIFS
Mr. & Mrs Smith, Physical Fitness, Force-Velocity Curve Stimulus-Fatigue-Recovery-Adaptation Performance Training, Circuits, Networking, Chaárms or Athena Venus-Mercury Cusp Births, Triple Decker Projects with Sand Volleyball Courts, Brand Activation Modelling, Sports Larceny & Contract Racketeering, Sports for Orphans Charities, Short Film Series Acting, Polyglot, Industrial-Organizational Psychologist and Mergers & Acquisitions Bankers Advisory Team
KEY VALUES
Brass Knuckles as Weapons, Decadence, Socratic Methods Game Theory, Poker Country Clubs with Sports Betting Investment Trust, Red Bull Music Festivals, Athletic excellence, Sports Performance Centers, Med Spas, Patchwork Tattoos, Pastel Goth, Pastel Wavy Hair, Video Games, Real Estate Investment Groups, Scatter-site Share Appreciation Rights Social Club, Art House and Management Companies, Business Incubators and Startups Accelerators Collaboration Holding Company, Syncretism of Athena through Occult Magic to Warrior Spirits, Law Education EdTech Sponsor and Provider, Armed Robbery Sports Playbooks, Force-Velocity Curve Physique, Smurfing, Sports Betting, Poker Tournaments, Enterprise Foundations, Rental Properties, and Overview of the Nevada Economy: The top three sectors by total employment are Real Estate and Rental and Leasing, Accommodation and Food Services, Retail Trade, while the unemployment rate across the state in 2022 was 4.8%.
AESTHETIC THEORIES
Subjective
Based on or influenced by personal feelings, tastes, or opinions
Precarious Balance
Precariously: If something is happening or positioned precariously, it's in danger. A glass could be precariously balanced on the edge of a table. If something is on the verge of danger, then the word precariously fits.
Semblance
Semblance is generally used to suggest a contrast between outward appearance and inner reality.
Phantasmagorical
Having a fantastic or deceptive appearance
adjective. having a fantastic or deceptive appearance, as something in a dream or created by the imagination. having the appearance of an optical illusion, especially one produced by a magic lantern.
Law of Polarity in Relationships
In any successful relationship that has an intimate connection and sexual attraction, there is polarity. What does this mean exactly? Polarity in relationships is the spark that occurs between two opposing energies: masculine and feminine. Gender does not affect whether you have masculine or feminine energy.
Second Reflection
Burden Aesthetics with Intentions
The Second Reflection lays hold of the Technical Procedures
CRIMINOLOGY THEORIES
Choice Theory: The belief that individuals choose to commit a crime, looking at the opportunities before them, weighing the benefit versus the punishment, and deciding whether to proceed or not.
Classical Theory: Similar to the choice theory, this theory ascertains that people think before they proceed with criminal actions; that when one commits a crime, it is because the individual decided that it was advantageous to commit the crime.
Critical Theory: Critical theory upholds the belief that a small few, the elite of the society, decide laws and the definition of crime; those who commit crimes disagree with the laws that were created to keep control of them.
Labeling Theory: Those who follow the labeling theory of criminology ascribe to the fact that an individual will become what he is labeled or what others expect him to become; the danger comes from calling a crime a crime and a criminal a criminal.
Life Course Theory: The theory that a person’s “course” in life is determined by short (transitory) and long (trajectory) events in his life, and crime can result when a transitory event causes stress in a person’s life causing him to commit a crime against society.
Positivist Theory: The positivist rejects the idea that each individual makes a conscious, rational choice to commit a crime; rather, some individuals are abnormal in intelligence, social acceptance, or some other way, and that causes them to commit crime.
Rational Choice Theory: Reasons that an individual thinks through each action, deciding on whether it would be worth the risk of committing a crime to reap the benefits of that crime, whether the goal be financial, pleasure, or some other beneficial result.
Routine Activity Theory: Followers of the routine activity theory believe that crime is inevitable, and that if the target is attractive enough, crime will happen; effective measures must be in place to deter crime from happening.
Social Learning Theory: Social learning indicates that individuals learn from those around them; they base their morals and activities on what they see others in their social environment doing.
Strain Theory: The theory holds that individuals will turn to a life of crime when they are strained, or when they are unable to achieve the goals of the society, whether power, finance, or some other desirable goal.
Trait Theory: Those who follow the trait theory believe that individuals have certain traits that will contribute to whether or not they are capable of committing a crime when pushed in a certain direction, or when they are in duress.
Consensual or Victimless Crime: Consensual crime refers to crimes that do not directly harm other individuals or property. Rather, individuals choose to participate in risky behaviors that may be considered against the law. This includes indulging in drug use, prostitution, or obscenity.
CROUPIER ACCOUNTING
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