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Why Attitude Is More Important Than IQ

When it comes to success, it’s easy to think that people blessed with brains are inevitably going to leave the rest of us in the dust. But new research from Stanford University will change your mind (and your attitude). Psychologist Carol Dweck has spent her entire career studying attitude and performance, and her latest study shows that your attitude is a better predictor of your success than your IQ. Dweck found that people’s core attitudes fall into one of two categories: a fixed mindset or a growth mindset. With a fixed mindset, you believe you are who you are and you cannot change. This creates problems when you’re challenged because anything that appears to be more than you can handle is bound to make you feel hopeless and overwhelmed. People with a growth mindset believe that they can improve with effort. They outperform those with a fixed mindset, even when they have a lower IQ, because they embrace challenges, treating them as opportunities to learn something new. Common sense wou…

'Pokémon GO' Hype Bubble Pops For Nintendo's Shares

The hype cycle for Pokémon GO wasn’t going to last forever, and on Monday investors decided it had finally gone to far.
The catalyst was a warning from Nintendo , issued before its official earnings announcement later this week, that the release of its viral, mobile game would have a “minimal” impact on Nintendo’s profits.
Shares of Nintendo dropped 17% by noon in Tokyo, wiping more than $6 billion off the company’s market value. The stock is limited from falling by more than 18%, based on exchange rules in Tokyo.
Nintendo had issued a press release after the market closed on Friday, saying the game’s financial impact on its earnings would be “limited” and that Nintendo would not be lifting its annual forecast.
It comes after Nintendo’s shares have more than doubled in value since the game debuted in the U.S., Australia and New Zealand on July 6, following unprecedented success that sent Pokémon GO to the top of apps store charts.
Despite the fall in shares on Monday, Nintendo’s stock is still 60% higher than its pre-July 7 levels.
Pokémon GO was developed by Niantic, a games developer based in San Francisco, though Nintendo owns 32% ofPokémon GO.
Nintendo added that it had already factored in expected revenues from its Pokémon GO Plus device, a wristband that alerts players of “pocket monsters” they can catch.
Nintendo reports its first-quarter earnings on Wednesday.

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