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Does Wearing a Black Hat Make Your Money Disappear?

Does Wearing a Black Hat Make Your Money Disappear?

by Doug Goldstein CFP® | Jun 19, 2014 | Chess, Financial Strategies, Strategic Thinking

The human brain can think in a number of ways about any particular piece of information. Edward de Bono identified six distinct ways of thinking that he calls “6 Thinking Hats.” In my previous post, I talked about how Yellow Hat thinking focuses on discerning... Click for more
The Shocking Truth About Investing and Optimism

The Shocking Truth About Investing and Optimism

by Doug Goldstein CFP® | Jun 16, 2014 | Chess, Financial Strategies, Strategic Thinking

As an investor, optimism achieved through sharper thinking may help you increase your profits. Edward de Bono invented thinking protocols called Lateral Thinking, and one particular protocol, Six Thinking Hats, is especially useful for improving critical thinking. In... Click for more
Edward de Bono: Why Some Investors Lose Money

Edward de Bono: Why Some Investors Lose Money

by Doug Goldstein CFP® | Jun 11, 2014 | Chess, Chess Strategies, Financial Strategies

If you want to invest smarter, you have to think smarter. In my previous post, I talked  about how Edward de Bono, a Maltese physician, prolific author, and business consultant, reinvented thinking paradigms, updating them from anachronistic models inherited from the... Click for more
How to Use a Grandmaster’s Skill to Improve in Chess and Investments

How to Use a Grandmaster’s Skill to Improve in Chess and Investments

by Doug Goldstein CFP® | Jun 9, 2014 | Chess, Chess Strategies, Strategic Thinking

Chess and investments have a common theme: in order to be successful in either one you need to know how your pieces work together. This requires a specific skill that cannot be overestimated—the ability to think things through clearly. In chess, a player’s strength is... Click for more
Rich As A King Episode 1- How the Wisdom of Chess Can Make You A Grandmaster of Investing

Rich As A King Episode 1- How the Wisdom of Chess Can Make You A Grandmaster of Investing

by Douglas Goldstein | May 14, 2014 | Chess, Chess Strategies

Welcome to the Rich As A King podcast, which shows you how the wisdom of chess can make you a grandmaster of investing. In this first episode, find out about disruptive technology and how it affects the markets and life in general.... Click for more

How chess can give you a better approach to personal money management

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
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