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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
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
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