Summary: In the game of chess, serious players carefully study opening systems – the moves early in the game that help determine who wins. Because chess always starts with pieces in the same arrangement, opening moves can become somewhat routine. In this podcast, Vitaliy compares the stock market to a game of chess in which the opening pieces are totally jumbled across the board. Investing today is similar to a chess game in which the objective is the same, but the setup is totally unfamiliar.
