1] Chess is dull and unsexy.
2] It takes genius to win at chess.
3] Strong chess players see dozens of moves ahead.
4] Deep Blue’s win in 1997 meant the end of chess.
5] The king is the most important piece in chess.
Stocks, along with bonds, commodities and derivatives of all three, are what underlie all your money. Your pension, if you are not one of the rich, is not in cash, which would depreciate and leave you with nothing, it is in stocks. Stocks are what allow money made today to remain valuable tomorrow. Money doesn’t exist, it is a place-setter for commerce, for valuable business activity.
It is not what the rich are doing, it is what everybody is doing. Everybody that works and adds value to a business.
All bank value, except for some nominal minimum amount of cash, is in stocks. That is how they are able to keep up with inflation and even provide you with returns on your savings. If you don’t like this, you will have to take the money out of the bank and store it. But you won’t because you are aware that it would just depreciate.
The game that ended Fischer’s 20-game win streak (2nd closest streak is Fischer himself with 11 and then Caruana with 7). Petrosian is one of the few ultra grandmasters with whom I can usually actually intuit his next move, at least in pivotal positions.
So is a serious candidate for championship challenger some day. Needless to say, so are many others on that list, Nakamura among them. Be cool if Nakamura trained for the next Candidates.