Study demonstrates the value of ‘long ties’ | MIT Sloan | A Guide to Motivating Yourself at Work | Golf legend Phil Mickelson wagered more than $1 billion over decades, lost around $100 million, gambler claims

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Don't like ads? Go ad-free with TradeBriefs Premium Study demonstrates the value of 'long ties' | MIT Sloan    It's often said that economic advancement comes down to who you know. That might include relatively distant connections. A recent paper co-authored by MIT Sloan professor Dean Eckles and Eaman Jahani, PhD '21, details a correlation they found between evidence of economic well-being and a greater number of long ties - people whom you know but with whom you share no other mutual connections. Examples include a childhood neighbor now living 1,000 miles away, a former colleague now working in another industry, or a college roommate you talk to about basketball. By examining public interactions among all Facebook users in the U.S. in a six-month period, the researchers found that people who choose to move out of state, or who transfer to another school due to circumstances beyond their control, tend to have more long ties and are more likely to be better off financially as a result. Maintaining relationships with long ties takes work, but it results in a more diverse network and increased access to economic opportunities. Continued here You Might Like � � � � � � � � � A Guide to Motivating Yourself at Work    Sixty percent of employees feel emotionally detached from their jobs and 50% report feeling stressed on a daily basis, according to a recent global survey from Gallup. While your first instinct may be to quit your job, it might not be the most sustainable option. Know that you have the agency to create better working conditions for yourself. My first job was a dream come true. I was working at a news organization, reporting on some of the most important stories in the world. In the beginning, my work gave me a real sense of purpose — I was reporting on stories that mattered. But slowly, my satisfaction faded. I started dreading the long hours. My pay barely covered my living expenses. The more time went by, the more my tasks began to feel monotonous. Six months in, I was entirely disillusioned and demotivated. Continued here Golf legend Phil Mickelson wagered more than $1 billion over decades, lost around $100 million, gambler claims    Phil Mickelson wagered a total of more than $1 billion over three decades, and sustained gambling losses of close to $100 million, the golf superstar's former friend Billy Walters claims in a new book. Walters, who was convicted of insider trading in 2017, in the book "Gambler: Secrets from a Life at Risk," detailed what he called a sports "gambling partnership" with Mickelson "that lasted five years." He says that led to Mickelson, in September 2012, asking Walters to place a $400,000 bet on Mickelson and the rest of the U.S. Ryder Cup team to win the competition at the Medinah Country Club, where the golfer phoned from. Continued here

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