Play Within Your Circle Of Competence

Earlier this year, the top athletes in the world put their physical skills on display at the Rio Olympics, and now it’s the intellectuals’ moment in the spotlight. The World Chess Championship Match 2016 pits reigning champion Magnus Carlsen of Norway against Sergey Karjakin of Russia. The match started on November 11th and runs until November 30th, consisting of 12 games. One point is awarded for a win and half a point is awarded to each player for a tie, with the champion being crowned once he reaches 6.5 points.

Circle Of Competence

As often happens, I find myself comparing events like these to the investment world. I am...