by Doug Goldstein CFP® | Oct 29, 2014 | Chess, Strategic Thinking
Everyone makes mistakes. What separates the winners from everyone else, is how you fix your mistakes. When playing chess, it’s easy to make the wrong move. If you notice your mistake while the game is on, you can choose one of three responses: 1. Ignore it and keep on... Click for more
by Doug Goldstein CFP® | Oct 20, 2014 | Chess, Decision Making, Financial Plan
One of the most famous chess games in history is what has become known as “The Immortal Game.” It took place on June 21st 1851 in London during a break at the world’s first international chess tournament, held as part of the famous Great Exhibition that showcased... Click for more
by Doug Goldstein CFP® | Oct 8, 2014 | Chess, Strategic Thinking
As Garry Kasparov pointed out in the title of his book, “life imitates chess.” That being the case, an examination of chess may provide some valuable insights into portfolio management. When talented chess players develop their pieces, they place them on squares that... Click for more
by Doug Goldstein CFP® | Jul 22, 2014 | Chess, Chess Strategies, Financial Strategies, Strategic Thinking
When you have a clear vision of what you want to do in a game of chess, it is easier to move ahead by building on your idea. Similarly as an investor, it is useful to have a definite objective when you invest so that you can have a clear goal to measure your success.... Click for more
by Doug Goldstein CFP® | Jul 15, 2014 | Chess, Chess Strategies
Chess is associated with a love for strategic innovation. When I asked myself what strategic innovation in chess has in common with the thinking used in business and investing, “disruptive innovation” sprang to mind. Disruptive Innovation in Chess Grandmasters follow... Click for more
by Doug Goldstein CFP® | Jul 10, 2014 | Chess, Chess Strategies, Strategic Thinking
How to maximize the return on your pieces Chess players must keep in mind the symbiotic nature of the three opening goals (controlling the center, castling, and developing their fighting pieces). If the start of the game includes appropriating the heart of the... Click for more
