Investment and Chess Part 1 Differences

I started investing about seven years ago. Since I did not have time and energy for trading stocks, I chose mutual funds and traded online.

I consider myself a traditional guy: think long term, invest in index funds and take a slow and steady approach. I know at the current economy downturn, SP 500 index recessed to the level of a decade ago. Quite a few “experts” scoff this slow and steady approach too out of date, but I told my self: To be successful, you are allowed to be different.

Over the years, I found there are some differences and similarities between Investment and Chess. Part 1 lists the major differences, and part 2 lists similarities.

I am only a chess parent, not a regular chess player. See if you agree with me about the observations. Here go the differences:

  • Investment is a means to reach richness; Chess is a journey to pursue happiness.
  • Investment prefers diversification; Chess prefers concentration.
  • Investment doesn’t require practices. More actions generally lead to worse performance; Chess requires practices. More excises generally yield better result.
  • Investment requires more static strategy (strategy before acting); Chess needs more dynamical strategy (strategy during the game).
  • Investment involves heavily of “common sense” and luck; Chess involves heavily of calculations and analysis.
  • Many people like investment although they do not earn any money; Some people enjoy chess even the games are relatively boring. At times, I belong to both groups. How about you?

1 Comment to “Investment and Chess Part 1 Differences”

  1. By Bella, December 14, 2015 @ 12:47 am

    Awesome news Armand. As a fellow doevleper I gotta say I have a lot of respect for your achievement. Hope you get lots of press and show everyone another example of how great the Flash platform is. Congrats againSeanFlashCoder

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