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- A former clandestine operative reveals a CIA method for reading an adversary's mind.
- Game theory exposes the two best tactics for winning a negotiation.
- If you're not a subscriber yet, join Big Think Edge today. Boost your analytical intelligence with our 7-day free trial.
This week, Big Think Edge is releasing three videos about getting inside the heads of people you need to understand better. Jamie Notter clears up what many people don't understand about millennials, Amaryllis Fox shares a great CIA technique for predicting an adversary's behavior, and Kevin Zollman puts you on top in negotiations.
Preparing for the millennial takeover: Understand the four trends that shaped a generation, with Jamie Notter
Maybe you're a millennial. Maybe you've been baffled by them. In either case, there's no denying the friction that often arises in the workplace between millennials and those who came before them. The insights of Jamie Notter, author of When Millennials Take Over, should resolve confusion and friction on all sides. Why are millennials the way they are? Notter's astute, eye-opening analysis of the world millennials know explains everything.
Available September 3 in Become a Better Manager
Win with red teaming: A case study in strategic empathy from inside the CIA, with Amaryllis Fox
To win in a conflict, it's imperative to see your adversary clearly. It's not always easy to do, especially when dealing with entrenched opposing mindsets, and in the 1980s the CIA developed "red teaming" to address this. Former clandestine CIA operative Amaryllis Fox explains how a "red cell" of CIA operatives were charged with getting inside the minds of Soviet leadership as deeply as possible, non-judgmentally assuming both their tactical and emotional perspectives. It proved to be an invaluable means of predicting their behavior. Stepping outside yourself to spend some time in an opponent's skin, explains Fox, is not only a great way to accomplish your goals — it's also a powerful personal-growth experience. Learn how to do it this week, at Big Think Edge.
"THE TRUTH IS, YOU ACTUALLY ARE FAR BETTER EQUIPPED TO GO AFTER THE PRAGMATIC, STRATEGIC WIN WHEN YOU KNOW HOW TO EXERCISE EMPATHY, AND CLIMB INTO THE PERSPECTIVE OF ANOTHER PERSON, PARTICULARLY YOUR ADVERSARY."
– AMARYLLIS FOX
Available September 4 in Boost Your Emotional Intelligence
The science of strategic thinking: Improve negotiation outcomes with 2 central principles from game theory, with Kevin Zollman
Game theorist and author of The Game Theorist's Guide to Parenting Kevin Zollman talks about how game theory tries to explain negotiations. It identifies simple principles that underlie what seems on the surface to be complex interaction. Two of these principles just happen to be the ones that typically determine whether you or the other person is going to win. Hint: They both involve positioning yourself to seem like the person who has the least to lose. Time to level-up your negotiating skills. Start your 7-day free trial of Big Think Edge to watch this lesson.
Available September 4 in Boost Your Analytical Intelligence
Big Think Edge releases Deep Dives!
This week marks a brand-new offering on the Big Think Edge platform: Deep Dives! Big Think Edge Deep Dives are four-step educational experiences that are made up of articles, videos, and activities. We'll be releasing three Deep Dives every week so there's more than ever to learn on Big Think Edge.
Our first three Deep Dives explain why Donald Trump, the "Disruptor in Chief", might be onto something when it comes to so-called dark emotional intelligence in negotiations; we look at how to welcome Gen Z into your strong intergenerational team; and you'll also learn how to use practical framework for making life's toughest decisions.
People often make a killing in stocks, but what else do people buy in hopes of selling for a fortune?
- Outside of stocks and bonds, some people make money investing in collectibles and make a fair amount on them.
- One stamp even sold for a billion times its face value.
- The extreme dependence on future collectability limits the potential of most of these opportunities.
Pokémon Cards<iframe width="730" height="430" src="https://www.youtube.com/embed/hVUmTaSoB5Y" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe><p> For those who weren't content to catch them all in a video game came a trading card game where you could collect them all. Some classic cards have gained tremendous stature among collectors and Pokéfanatics and sell for extremely high prices. </p><p> An older card featuring Charizard, a fire breathing dragon, regularly sells for thousands <a href="https://www.lifesuccessfully.com/gaming-articles/the-most-wanted-pokemon-cards-charizard#/" target="_blank" rel="noopener noreferrer">online</a>. Given that the card could be purchased for a couple of dollars in 1999, this is quite the return. A particular pack of the cards, which cost $5 in 2003, now sells for $650, one hundred and thirty times the original asking <a href="https://adamrybko.medium.com/stocks-or-pokemon-cards-an-introduction-to-alternative-investing-32fe499083c4" target="_blank" rel="noopener noreferrer">price</a>. </p><p> Of course, not every card will fetch these high prices. Buying cards as an investment is tricky. You have to essentially guess at which cards will be considered highly valuable at a later date and will be unable to collect any dividend before selling them.</p><p> Furthermore, you have to presume that people will be collecting the cards years after buying them. While Pokémon has remained popular, it is a bit of an outlier in terms of enduring success.</p>
Shoes<p> People from all walks of life, from skateboarders to the First Lady of the <a href="https://www.rappler.com/newsbreak/in-depth/imelda-marcos-shoes-mixed-legacy" target="_blank" rel="noopener noreferrer">Philippines</a>, enjoy collecting shoes. An entire subculture exists for people interested in collecting sneakers, and some people make quite a profit in it.</p><p> The Nike SB Dunk Low Reese Forbes Denims, priced initially at $65 in 2002, are commonly valued in the thousands of dollars now. The Nike Air Jordan 1 Retro High x Off White "Chicago" shoe sold for $190 a mere four years ago, but now sells for $4000 a <a href="https://sixfiguresneakerhead.com/sneaker-model-return-alternative-investment-stock-x-reseller/" target="_blank" rel="noopener noreferrer">pair</a>. </p><p> A <a href="https://www.huffpost.com/entry/sneakers-good-investment_n_5bd1f5ebe4b0d38b588143ee?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALOu0F9zs5DBHHOIjMgHOZR6K88W3rZkyD3ftBMz2nzlHfoxD4MS2Iz1vF3H-a4_xzOWIIrsJyv76Gj6xwUXaRIRdjq7M2m7I6-lxihWIcEfs7F9PgOwnx82JXPfXmWL7-RQlNUufOyvd8V6TCzMEYrEjzMXVU77IWk9MjOEtsln" target="_blank" rel="noopener noreferrer">Huffington Post</a> article points out that most of these shoes offered better returns than gold over the same period. The same article quotes YouTube personality <a href="https://www.youtube.com/user/mrFOAMERSIMPSON" target="_blank" rel="noopener noreferrer">Mr. Foamer Simpson</a> and his explanation of the difficulties of making money on shoes:</p><p style="margin-left: 20px;"> "There's a guessing game or element of unpredictability that makes it exciting for some collectors. With sneakers, you kind of never know. Sure, you know what sneakers are more limited or which ones were harder to get, but even with that, it fluctuates a lot. A sneaker that was very valuable two years ago might all of a sudden crash and no longer be valuable."</p>
Toys of all kinds<iframe width="730" height="430" src="https://www.youtube.com/embed/0uYnj1i1EQw" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe><p> If there's one thing everybody loves, it's what they loved when they were children. That often translates into old and rare toys fetching insane prices at auction.</p><p> Beanie Babies, those little stuffed animals from the 90s, once sold at a price of thousands of dollars <a href="https://www.thefiscaltimes.com/2015/03/02/How-Great-Beanie-Baby-Bubble-Went-Bust" target="_blank" rel="noopener noreferrer">online</a>, not bad considering they sold for $5. Lego sets, particularly those featuring well-known franchises like Star Wars, can sell for hundreds of dollars <a href="https://finance.yahoo.com/news/20-geeky-collectibles-could-millions-201624881.html" target="_blank" rel="noopener noreferrer">online</a>. </p><p> As with Pokémon cards, the success stories are dependent on what people are interested in collecting long after most people forgot the toy existed.<strong> </strong>While some collectors have ideas on how to gauge what might or might not end up being valuable later, there seems to be a considerable amount of luck involved.</p>
Stamps<p> The hobby of kings has occasionally made some people as rich as one, with rare stamps and extensive collections fetching high prices at auction.</p><p> One of the famous "Inverted Jenny," stamps, a rare misprint showing an upside-down airplane, sold for $1,593,000 at <a href="https://www.linns.com/news/us-stamps-postal-history/2018/november/nov-15-jenny-invert-sale-record.html" target="_blank" rel="noopener noreferrer">auction</a>. The most valuable stamp in the world, the British Guiana 1c magenta, last sold for $9,480,000, a billion times its face <a href="http://www.sothebys.com/en/auctions/2014/magenta-n09154.html" target="_blank" rel="noopener noreferrer">value</a>. For those interested in a shorter-term investment, the USA Forever stamp has gained a face value of 75% since its introduction and can still be used to send a letter.</p>
Coins<img type="lazy-image" data-runner-src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNTUxNjY2Ny9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTYzMjUwNzk3OX0.HMBXb1mbiL0D-JbFcD7pBWNZ8TcOB4mzcJ6ri2aCNOg/img.jpg?width=1245&coordinates=0%2C1%2C0%2C1&height=700" id="41fe2" class="rm-shortcode" data-rm-shortcode-id="57f1ae74688caf29e150c4ce2f7c5b41" data-rm-shortcode-name="rebelmouse-image" data-width="1245" data-height="700" />
NASA is scrapping its Apollo-era launcher platform to make room for new infrastructure that will support upcoming Artemis missions.
- NASA's Mobile Launcher Platform-2 supported the launches of historic Apollo missions, including two crewed missions to the Moon.
- The space agency is in the process of deconstructing the platform to make space for its new Space Launch System (SLS).
- NASA's Artemis program aims to launch three missions, including a crewed mission to the lunar surface in 2024.
A new era for NASA<p>The Artemis program aims to land the first woman and the next man on the moon by 2024, and after that a voyage to Mars. While it's unclear whether President Joe Biden will change the timelines of the program, the overall goal is to establish a moon base from which astronauts can conduct long-term research and experiments. </p><p style="margin-left: 20px;">"After 20 years of continuously living in low-Earth orbit, we're now ready for the next great challenge of space exploration — the development of a sustained presence on and around the moon," former NASA Administrator Jim Bridenstine <u><a href="https://www.nasa.gov/feature/nasa-outlines-lunar-surface-sustainability-concept" target="_blank" rel="noopener noreferrer">said in a statement</a>.</u> "For years to come, Artemis will serve as our North Star as we continue to work toward even greater exploration of the moon, where we will demonstrate key elements needed for the first human mission to Mars."</p><p>In November 2021, NASA plans to launch Artemis 1, which will be the first flight using SLS and Orion. The mission aims to send the Orion spacecraft, uncrewed, to orbit the moon. In 2023, Artemis 2 aims to send a crewed mission to fly by the Moon, while Artemis 3 plans to put American astronauts on the lunar surface for the first time since 1972.</p>
- Charles Darwin speculated that wingless insects thrived on windy islands so they wouldn't be blown off the land.
- While the reasoning was slightly faulty, researchers have now proved Darwin's 165-year-old "wind hypothesis."
- This finding is yet another example of how environments shape the animals that inhabit them.
Photo: Christian / Adobe Stock<p>Monash researchers looked at three decades of data on various insect species living in Antarctica and 28 Southern Ocean islands—including Svalbard, Jan Mayen, Ellef Ringnes, Bathurst, and St. Matthew—and discovered a trend: wind (as well as low air pressure and freezing temperatures) made flight nearly impossible to resident insects. They simply didn't have the energetic resources needed to take to the sky. Better to crawl around and scavenge.</p><p>Darwin wasn't completely right. He thought the evolutionary adaptations were due purely to wind throwing insects off the island. But nutrition matters too. Flight consumes a ton of energy. The windier it is, the harder insects have to work. Battling a gale requires an inordinate amount of calories. As the team writes, </p><p style="margin-left: 20px;">"Strong winds can also inhibit normal insect flight activity, thereby increasing the energetic costs of flying or maintaining flight structures. This energy trade-off is more complex than Darwin's single-step displacement mechanism because it requires genetic linkage between traits associated with flight ability, flight propensity, and fecundity or survival." </p><p>Still, you have to hand it to the man. During a time when most humans assumed animals were all the result of metaphysical tinkering, Darwin gazed out into nature and connected the dots. His mind has inspired over a century-and-a-half of scientific progress as we continue to build on—and, as this study shows, prove—his theories. </p><p>Darwin knew that every animal is the product of its environment, and therefore must respect both its boons and its boundaries. Talk about a lesson we need today. Environments are known to become very hostile to foreign invaders when pushed too hard. Right now, we're courting disaster. Hopefully, we won't wait for evolution to ground our ambitions. </p><p>--</p><p><em>Stay in touch with Derek on <a href="http://www.twitter.com/derekberes" target="_blank">Twitter</a> and <a href="https://www.facebook.com/DerekBeresdotcom" target="_blank" rel="noopener noreferrer">Facebook</a>. His most recent book is</em> "<em><a href="https://www.amazon.com/gp/product/B08KRVMP2M?pf_rd_r=MDJW43337675SZ0X00FH&pf_rd_p=edaba0ee-c2fe-4124-9f5d-b31d6b1bfbee" target="_blank" rel="noopener noreferrer">Hero's Dose: The Case For Psychedelics in Ritual and Therapy</a>."</em></p>
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