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Chess has great parallels with investing, no?

Guest JoelS

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From the FT, on Magnus Carlsen, world chess champion:



"He won without a huge team of seconds, or assistants, to feed him new ideas and without a room stuffed with supercomputers to prepare game plans in advance...


His victory was, as Frederic Friedel, co-founder of the Chessbase chess software company, put it, “like a tennis player turning up to Wimbledon with an ancient wooden racket – and winning..


“With the modern computer age, there are some new ideas,” he said a couple of years ago. “But the principles are basically the same..


He looks instead to win a game later on via the steady and patient accumulation of sometimes almost imperceptible advantages."



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