Thereâs nothing Biden or anyone can do at this point. All available natural gas is on its way to Europe. [OST Main Logo mobile]( [LOGO OST]( A note from the Editor: Open Source Trades is dedicated to providing readers like you with unique opportunities. The message below from one of our business associates is one we believe you should take a serious look at. [divider] n todayâs motivational literature, failure is often viewed as something to be celebrated. Disappointments are an essential stepping stone to success; a turning point in our life story that will ultimately end in triumph. Rather than falling into despair, we are encouraged to âfail forwardâ. If only it were so simple. In the past decade, a wealth of psychological research has shown that most people struggle to handle failure constructively. Instead, we find ways to devalue the task at which we failed, meaning that we may be less motivated to persevere and reach our goal. This phenomenon is known as the âsour-grape effectâ. Alternatively, we may simply fail to notice our errors and blithely continue as if nothing has happened, something that prevents us from learning a better strategy to improve our performance in the future. Inspirational speakers are fond of quoting the words of the novelist Samuel Beckett: âFail again. Fail betterâ. But the truth is that most of us fail again and fail the same. Recent research shows there are ways to avoid these traps. These solutions are often counterintuitive: one of the best ways of learning from your mistakes, for example, is to offer advice to another person who may be encountering similar challenges. By helping others avoid failure, it turns out, you can also enhance your own prospects of success. The âsour-grape effectâ Letâs first examine the sour-grape effect, discovered by Hallgeir SjÃ¥stad, a professor of psychology and leadership at the Norwegian School of Economics, and colleagues. He says he was intrigued by peopleâs tendency to abandon their dreams prematurely. âThe research was an attempt to understand why we sometimes give up too early, even though we could have succeeded if we had been a bit more patient and willing to give it a second try,â he says. In his first experiment, SjÃ¥stad asked participants to take a practice trial of a test said to measure the precision of their intuition. They were asked to estimate how much 20 apples would weigh, for example â and they were told that a guess falling within 10% of the real answer would be considered a sign of strong intuition. High performance on several questions, they were told, correlated strongly to âpositive outcomes in life, such as extraordinary achievements in work and a well-functioning social lifeâ â a message that was designed to increase their desire to succeed. After answering a couple of practice questions, the participants were given sham feedback â either very positive or very negative. They were then asked to predict how difficult it would be to perform well in the real test, and how happy they would feel if they scored 100%. SjÃ¥stad hypothesised that the people who were given negative feedback about their practice answers would underestimate the importance of their future performance for their emotional state. And this was exactly what happened. The people who felt theyâd failed on the practice run predicted that a perfect score would do little to increase their immediate happiness. Crucially, this did not turn out to be true; when they took a second test and were told they received top marks, the good news really did make them happy. They had been completely wrong in assuming that the result would not make them proud. SjÃ¥stad says this is self-protective. âMost of us want to think of ourselves as competent and capable people, so when external feedback suggests otherwise, it poses a serious threat to that self-image,â he says. âThe easiest way out is to deny or explain away the external signal, so we can reduce the inconsistency and preserve a positive sense of self. I think we do this all time, even without noticing.â (Itâs worth noting that after each of these experiments, SjÃ¥stad debriefed his participants, so they did not leave with a false impression of their intuitive abilities.) Friends⦠On October 27, the CEO of New Englandâs largest energy company sent a desperate letter to the White House. "This represents a serious public health and safety threat," Eversource CEO Joe Nolan wrote in a letter to President Joe Biden. He then begged Joe Biden to use the federal government's emergency powers to make sure natural gas will be available in New England this winter. Thereâs only one problem. Thereâs nothing Biden or anyone can do at this point. All available natural gas is on its way to Europe. [click play]( When large parts of New England go dark and freeze this winter, a lot of people will call it a shocking natural disaster. Or theyâll say it was because Russia invaded Ukraine. But cities donât go dark and freeze in the wealthiest country in the world by accident. My name is Porter Stansberry. Iâm the founder of one of the worldâs largest financial research firms. Iâve spent the last two years researching this coming crisis. Iâve been writing about it in my newsletter, The Big Secret on Wall Street, since June⦠And now that this crisis is set to unfold, exactly the way Iâve been predicting, Iâve uploaded an eye-opening video that tells the whole sordid tale. I name names in it. And I reveal who caused this crisis, and why⦠Do yourself a favor. Before itâs taken offline â which could happen at any time â check out this [shocking video](. Iâve seen in the past just how far powerful people will go to silence me. Sincerely, Porter Stansberry P.S. In the video, about halfway through, I reveal a way you could make 10-50x returns on an American energy company thatâs set to go up like a moonshot if the lights go out in Boston this winter⦠Donât miss this: [CLICK HERE](. [devider] [Slogan]( You {EMAIL} received this email as a result of your consent to receive 3rd party offers at our other website. Email sent by Finance and Investing Traffic, LLC, owner, and operator of Open Source Trades To ensure you keep receiving our emails, be sure to [whitelist us.]( © 2023 Open Source Trades. All Rights Reserved[.]( [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe](