This is Optimal Finance Daily, episode 1365,

The Fisher Random Chess Stock Market

by Vitali Kassinelsen of Contrarian Edge.com.

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The Fisher Random Chest Stock Market by Vitali Casaen of Contrarian Edge.com.

I grew up in Russia where chess was a spectator sport.

Chess is almost as old as the New Testament

and has only gone through minor changes over its long history.

Chess has the longest recorded history of any sport.

You can study the first recorded

game,

in 1475. The game, which was called Satchis-de-Moor,

which means the chess game of life by those who played and recorded it comes to us in the form of a poem

comprising 64 stanzas of nine lines each. Any player who takes

chess seriously will carefully study every move in the tens of thousands of

games played by Grandmasters over the last 600 years of recorded chess history.

Chess players study opening systems, the series of first moves 5 to 15 in number, early in the game that lead to the middle game formation of pieces.

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