by Doug Goldstein CFP® | Dec 5, 2013 | Chess Strategies
Have you ever studied a chess game and seen a move that just didn’t make sense? Worse yet, have you ever made a chess move that, as soon as you made it, you knew it was wrong? Every chess player probably has made a move that at the time, seemed like a good move,... Click for more
by Doug Goldstein CFP® | Nov 27, 2013 | Behavior finance, Decision Making
Fear can paralyze you. But what about fear is it that causes you to freeze, unsure about your next move. Is it fear of the unknown, fear of making the wrong decision, or fear of not being able to properly manage a situation? Some people are better decision makers than... Click for more
by Doug Goldstein CFP® | Nov 26, 2013 | Chess Strategies, Decision Making
There’s a saying among chess players that the game is won by the player who made the next-to-last mistake. Most every chess game has errors, some serious, some not so much. Some are apparent as soon as they are made, others are only discovered several moves... Click for more
by Doug Goldstein CFP® | Nov 16, 2013 | Chess Strategies, Decision Making
Soon after the end of the first game of the World Chess Championship Anand/Carlsen match, I looked back at the last World Champion match, which started the same way, with a draw. In this case, instead of making a tie with Gelfand, Anand tied with Carlsen. Anand’s... Click for more
by Doug Goldstein CFP® | Nov 13, 2013 | Chess Strategies, Decision Making
When I showed a pre-publication copy of Rich As A King to Jim Bob Duggar (of the TLC reality show “19 Kids and Counting,”) he made the comment, “Chess teaches the basic principles of life” (see below for his complete quote). His words reflected the twists and turns of... Click for more
by Doug Goldstein CFP® | Nov 11, 2013 | Chess
How chess can help you to build wealth and become a better investor Fundamentally, what separates a good chess player from a great player is the ability to create strategies and to adapt them to changing circumstances. Similarly, successful investors don’t just know... Click for more
by Doug Goldstein CFP® | Nov 4, 2013 | Chess Strategies, Financial Plan
Since Susan Polgar and I first met when she was a guest on my radio show (click here to hear the interview) we have been amazed at how many parallels we have found between the worlds of chess and investing. When Garry Kasparov wrote his book about how chess imitates... Click for more
by Doug Goldstein CFP® | Nov 4, 2013 | Chess Strategies
After meeting a number of fabulous people in the world of publishing, Susan and I have decided to work with the same publishing company that has brought to the book world best-sellers such as Brendan Bouchard’s #1 New York Times best-selling book, Millionaire... Click for more
