Chess has great parallels with investing, no?

[Guest JoelS]

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

http://www.ft.com/intl/cms/s/0/fac73d10-73fa-11e4-82a6-00144feabdc0.html?siteedition=intl#axzz3JxaPFEmM

 

"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."