Category: Personal Development and Productivity

  • Anger Gives Creativity And Produces More Unique Ideas

    Are angry people more creative? Can becoming angry make you creative? While the former question relates to the role one’s temperament plays in creativity, the latter relates to a causal relation and asks: Can provoking anger stimulate creativity?

    Van Kleef, Anastasopoluou, and Nijstadt argued that receiving angry feedback from an evaluator could increase “a focal person’s motivation to perform well” on an idea generation task. They asserted that angry feedback increases task engagement leading to increased production of ideas, which in turn increases the likelihood of generating a good idea, an expectation consistent with Osborn’s principle of “quantity breeds quality.” However, they hypothesized that angry feedback is more likely to be effective with individual’s high, rather than low, on epistemic motivation. Such individuals take angry feedback as an indication of suboptimal performance and a need to work harder on the task. When not performing well, the highs, as opposed to lows, are more intrinsically inclined to look for diagnostic information and make efforts to understand the situation accurately. The highs are less likely to employ stereotypical heuristics and to reject divergent information in problem-solving.
    In an initial study, the researchers found that feeling angry was indeed associated with brainstorming in a more unstructured manner, consistent with “creative” problem-solving. In a second study, the researchers first elicited anger from the study participants (or sadness, or a non-emotional state) and then asked them to engage in a brainstorming session in which they generated ideas to preserve and improve the environment. At the beginning of this task, angry participants generated more ideas (by volume) and generated more original ideas (that thought of by less than 1 percent or less of the other participants), compared to the other sad or non-emotional participants. However, this benefit was only present at the beginning of the task, and eventually, the angry participants generated only as many ideas as the other participants.
    These findings reported by Baas and colleagues make sense, given what we already know about anger. Though anger may be unpleasant to feel, it is associated with a variety of attributes that may facilitate creativity. First, anger is an energizing feeling, important for the sustained attention needed to solve problems creatively. Second, anger leads to more flexible, unstructured thought processes. This flexibility involves the use of broad and inclusive categories and the increased ability to find new connections between categories. People who feel angry (vs. sad, for example) are less likely to think in systematic ways and are more likely to rely on broad, global cues when judging information. This kind of global processing tends to be associated with literally seeing the “bigger picture.”

    That burst of productivity however is short-lived and ultimately creativity is reduced as a result. The authors found that anger leads to initially higher levels of creativity than sadness, but that anger depletes resources more. As a result, creative performance declines over time more for angry people than sad ones.

    So, if it’s your job to be creative for long periods, better to be sad than angry. But if all you need are short bursts of sporadic creativity, rage away.

  • President Trump Called Fox News Too Liberal On Twitter – His Supporters Agree

    Nearly a week after Joe Biden was declared the winner in the 2020 Presidential Election, President Donald Trump has refused to concede and apart from an official appearance at the Arlington National Cemetery on Veterans Day he has made no public appearances. However, the President has been quite vocal on social media, where he has made a series of unsubstantiated claims of voter fraud.

    However, Trump also aimed his former “favourite” TV network Fox News. On Thursday from his @realDonaldTrump account, he tweeted, “.@FoxNews daytime ratings have completely collapsed. Weekend daytime even WORSE. Very sad to watch this happen, but they forgot what made them successful, what got them there. They forgot the Golden Goose. The biggest difference between the 2016 Election, and 2020, was @FoxNews!”

    Many of his supporters agreed. This included Second Amendment advocate JT Lewis (@thejtlewis) who responded, “Trump should start a news network!”

    Many likely former viewers of Fox News have expressed frustration that their apparent favourite and once trusted news channel called the state of Arizona on election night, far earlier than some other new organizations, which waited for the counting of ballots to continue. The day after the election, The Daily Caller (@DailyCaller) took to Twitter to highlight that “Trump supporters in Arizona chant ‘Fox News sucks’ because they called the state for Biden yesterday”

    Must Flee News

    While Fox News was the most-watched news network on election night, according to data from Nielsen Media Research, its ratings were far behind CNN and MSNBC during the coverage of President-Elect Joe Biden’s victory speech on November 7.

    Now in the days since those viewers have made their outrage known on Twitter. Many suggested they’d ditch Fox News for OAN (One America News) or Newsmax.

    @DeborahJurgens3 tweeted, “I’m done with Fox News!! They are sheep in wolves clothing. They are very liberal! Will only watch OAN from now on!! They say they are conservative but are a bunch of liars!!!”

  • How To See Mars, Jupiter And Saturn Up Close In A Virtual Telescope During ‘National Astronomy Week’

    How to see Mars: look southeast as night falls and the red planet is right there in front of your eyes. It’s surprisingly bright, and its reddish hue is obvious if you look at it even for a few moments.

    Having been at opposition last month—a moment when Earth is between Mars and the Sun, and the two planets are at their closest in the Solar System—the planet is presently almost as bright as it ever gets. But not for long.

    If you want to get an extra-special close-up before it wanes by the end of 2020 then watch on YouTube as the UK’s eighth National Astronomy Week (NAW 2020) goes virtual—and hosts Mars-gazing events through virtual telescopes.

    Running from November 14 through 22, 2020, NAW 2020 will see UK astronomers celebrate the close approach of Mars to the Earth with a series of free online talks by leading astronomers such as Jane Greaves, a Professor of Astronomy at Cardiff University who was recently lead author on a paper that found traces of phosphine at Venus. Chris Lintott, a presenter on the BBC’s long-running astronomy programme The Sky At Night, will also talk.

    NAW 2020 will be entirely online and include many remote observing events comprising live-streamed views on YouTube of the planet seen through amateur and professional telescopes situated in the UK and abroad.

    As well as Mars is easily visible in the evening as a bright reddish object high in the sky, Jupiter and Saturn are also presently visible low in the west after sunset.

    Great nights to see the three planets will be Monday and Tuesday, November 16 and 17, 2020 when they will be joined by a delicate crescent Moon in the western sky at dusk.

    Tuesday night around midnight also sees the peak of the Leonid meteor shower.

    “National Astronomy Week is a fantastic chance to see and find out more about Mars, a world that has fascinated people for hundreds of years,” said Lucinda Offer, NAW 2020 Chair. “We hope that with our imaginative online approach, this year’s National Astronomy Week will reach more people around the country than ever before.”

    If you’ve never seen Mars through a telescope, this is your last chance for a while; the next opposition of Mars—when the red planet not only looks brighter but much larger in telescopes—isn’t until December 2022.

    Wishing you clear skies and wide eyes.

  • Understanding Insider Trading With Hypothetical Examples

    Introduction

    Insider trading is the trading of a public company’s stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of an insider in one jurisdiction can be broad and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime.

    Understanding Insider Trading

    The U.S. Securities and Exchange Commission (SEC) defines illegal insider trading as:

    “the buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, based on material, nonpublic information about the security.”

    Material information is any information that could substantially impact an investor’s decision to buy or sell the security. Non-public information is information that is not legally available to the public.

    The question of legality stems from the SEC’s attempt to maintain a fair marketplace. An individual who has access to insider information would have an unfair edge over other investors, who do not have the same access and could potentially make larger, ‘unfair’ profits than their fellow investors.

    Hypothetical Examples of Insider Trading

    • The CEO of a company divulges important information about the acquisition of his company to a friend who owns a substantial shareholding in the company. The friend acts upon the information and sells all his shares before the information is made public.
    • A government employee acts upon his knowledge about a new regulation to be passed which will benefit a sugar-exporting firm and buys its shares before the regulation becomes public knowledge.
    • A high-level employee overhears some conversation about a merger and understands its market impact and consequently buys the shares of the company in his father’s account.
  • Assessment Of The Competitive Advantage Of A Firm

    Some firms are in a better position than other firms in the same industry, on utilizing the opportunities. This situation is based on the firm’s strengths and weaknesses.

    Strengths and weaknesses of a firm can be identified by internal analysis. Corporate strengths and weaknesses are a matter of interpretation. Thus, a large cash reserve may appear to be a strength for a firm, but if it is not invested well it may cease to be a strength. Similarly, the absence of an own fleet of cars may be taken as a weakness, but if the cars are freely available at economical rentals it may cease to be a weakness. Though, no definition may ever be complete, we would define strengths and weaknesses as follows:

    Corporate Strength: It refers to competitive advantages and other distinct competencies which a company can exert in the market place.

    Corporate Weakness: It refers to constraints or obstacles which check movement in a certain desired direction, and may also inhibit the organisation in gaining a distinct competitive advantage.

    The Criteria For Determining Strengths And Weaknesses

    A major problem which must be resolved prior to any analysis of corporate capabilities is the criteria that would determine whether an element under examination is a strength or a weakness. Earlier I had mentioned that it is a ‘state of mind’ which determines whether a particular element or situation is a strength or a weakness. Judgement, in this sense, is an implicit ingredient in our analysis.