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The Real Reason You Learn A Lesson Better When You Teach It: Nachas, pride and satisfaction that is derived from someone else’s accomplishment

The Real Reason You Learn A Lesson Better When You Teach It

ANNIE MURPHY PAULTHE BRILLIANT BLOG JUL. 6, 2013, 8:11 AM 1,508 

Learning, and thinking, are deeply social activities. 

This is not the traditional view (Rodin’s iconic sculpture, “The Thinker,” is conspicuously alone in his chin-on-fist musings), but it’s the view that is emerging out of several decades of social science research. Our minds often work best in interaction with other people’s minds, and there are particular kinds of relationships that are especially good at evoking our intelligence. One is the master-apprentice relationship, which I wrote about here. Another, of course, is the teacher-student relationship—but today I want to talk about the benefits of this relationship for the teacher. For thousands of years, people have known that the best way to understand a concept is to explain it to someone else. “While we teach, we learn,” said the Roman philosopher Seneca. Now scientists are bringing this ancient wisdom up to date, documenting exactly why teaching is such a fruitful way to learn — and designing innovative ways for young people to engage in instruction. Read more of this post

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Jim Rogers Correctly Predicted Gold Would Fall To $1200, And Now He Thinks It Could Go As Low As $900

Jim Rogers Correctly Predicted Gold Would Fall To $1200, And Now He Thinks It Could Go As Low As $900

MAMTA BADKAR JUL. 6, 2013, 6:44 AM 8,375 33

The price of gold peaked at just over $1,900 per ounce in the fall of 2011. And it was right around that time that commodities guru Jim Rogers began warning investors that the yellow metal could hit a low of $1,200 before the sell-off was over. He was right. Gold prices entered a bear market (down 20% from its high) in April. And on June 27, they touched $1,200. In a phone interview this week, Rogers explained to us how he arrived at the $1,200 figure. He also offers his outlook for gold as it continues its complicated bottoming process. Read more of this post

Global Yellow Pages CEO Stanley Tan loses $25.4m in 2 days in financial products, sues UBS

Yellow Pages CEO loses $25.4m in 2 days, sues UBS

Saturday, Jul 06, 2013, AsiaOne

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SINGAPORE – Global Yellow Pages CEO Chen Bao Neng (Stanley Tan) is taking UBS to court after he suffered losses amounting to $25.4 million in just two days. According to Lianhe Zaobao, the 55-year-old executive director had invested in 16 financial products through UBS from October 2007 to August the following year. He then lost $25.4 million in the 2008 financial crisis.  Read more of this post

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