Chess for finance

BuySide Bro's picture
BuySide Bro - Certified Professional
Rank: Baboon | banana points 114

I'm a PE associate looking to further my chess game - currently about 1100 blitz on chess.com.

Teach me chess and I'll share all I know about recruiting, IB, PE.

This is for NYC.

:)

Find Your Mentor

  • Increase your chance of landing a job by matching with one of our 200+ mentors.
  • Our mentors are top employees at the most selective firms.
  • Proven process with over 1,100 clients over 10 years.

Comments (41)

Sep 2, 2018

I'm around 2100 USCF, PM me

    • 1
Sep 2, 2018

May I suggest lichess as a better place to play

    • 1
Sep 2, 2018

blitz is pretty much all about practice and people that climb the ladder always play the same opening moves and almost know all the strongest variations of it allowing them to increase their Elo quite quickly. That type of chess is more about instinct, therefore I always recommend playing longer games at first to develop the speed you take to process moves and respond to them. I try to always have games with multiple friends going on over few days/week where we each try to find the best move before playing.

Sep 24, 2018

I play on Lichess and played competitively growing up, PM if interested!

"We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons."

Sep 25, 2018

Thought when reading the title this was going to be about putting chess in your resume or joining a chess club to get a good job in IB/finance

    • 2
Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Sep 25, 2018

Jane Street is supposed to be really big into bughouse, however that is largely about a rapidly changing landscape where you cannot possibly hope to completely process, as the moves on the other board will change things. They are also all about HFT and market making, not IBD or PE.

FWIW, my official number from back in HS was about the same.

Sep 26, 2018

Anyone play Go? I hear that's next level ish

heister:

Look at all these wannabe richies hating on an expensive salad.

Sep 27, 2018

Learning to play it recently. Currently studying Joseki, way too many variations...

Sep 27, 2018
GoldenCinderblock:

Anyone play Go? I hear that's next level ish

I used to play go on https://www.gokgs.com/
Great game

Sep 26, 2018

Chess is for NERDS

REAL BIG BALLERS play League of Legends

    • 2
Sep 27, 2018

Dota 2 > LOL

    • 4
Sep 27, 2018

True

Oct 1, 2018

Why is that?

Oct 1, 2018

Seconded - game mechanics are just so much better

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Sep 26, 2018

1v1 me bro

Most Helpful
Sep 27, 2018

Would love to see some actual discussion in the thread rather than PM me. Kinda defeats the purpose of a forum :)

Have not played in a few years but I get into chess now and again.

I recommend "play winning chess" by Sierawan as a good place to start for the basic concepts of the game. Once you have the basic concepts down it's tactics, tactics, tactics.

I noticed significant improvement after studying "winning chess tactics" also by Sierawan. Think it is important at this level to do lots of tactical problems.

Also worth checking out "Rapid Chess Improvement" by De La Maza (?). It is controversial but if all you care about is improving your elo then this will definitely help. Again it's all tactics.

Once you hit the 1300-1600 level you can start adding in more study of basic openings (don't need much at this level) and strategy/positional game but in my opinion tactics are still king here.

I don't really have the time to play any more but every now and then I will break out my copy of Chernov's (?) logical chess move by move and play out some games on the board. In the book he goes through games of grandmasters and explains the thinking behind each move. This is to me absolutely fascinating and in many ways more enjoyable for me than actually playing. I definitely recommend that book as does almost every other chess player I have come across.

Can't comment on much else as this is as far as I got...writing this makes me want to play again though. It really is a great game.

    • 6
Sep 27, 2018

Hey man, thanks for the write up. Can you write a bit more on why that book is controversial? Also what is the difference between strategy and tactics in chess?

Sep 27, 2018

Tactics = individual moves or combinations of moves. The fork (one piece attacks two or more pieces simultaneously) and the pin (attacking a defending piece and "pinning" it to a more valuable piece who would be compromised should the defending piece move) are two basic tactics in chess.

Strategy = evaluating entire positions and setting up long term goals. Trying to control the center of the board, opening/controlling space on the board, or closing a board down are all examples of strategy.

In general, beginners and novices benefit the most by understanding and deploying tactics, as they are more direct and easier to understand. You can easily explain a fork or discovered attack to a complete neophyte, and said neophyte can easily incorporate these tactics into their game and improve their play almost immediately. It's much more difficult for a novice to understand and properly deploy strategies like controlling diagonals with a fianchetto or closing the board down with certain pawn structures.

    • 2
Sep 27, 2018

Just out of curiosity, do older people in finance play chess with each other for fun?

Sep 27, 2018

Haha, not that I know of. We mostly just talk about college football and golf at work. I just happen to be a closeted nerd/functional autistic person who has been interested in stuff like chess and literature his entire life but who can chameleon his way through pretty much any social situation.

    • 3
Sep 27, 2018

Hah, I'm a closeted nerd as well. Definitely need to get better at the chameleon thing...

Sep 27, 2018

Definitely a useful skill to add to the toolbox. I'm probably more well rounded than just an out-and-out chameleon (I was an athlete in college so can easily talk sports and the like), but knowing when (and more importantly, when not) to bring out the offbeat interest or tidbit of esoterica is hugely important. It's OK to be a nerd, just don't be a weirdo.

Sep 27, 2018

Hah, have you found some fellow nerds in the finance industry?

Sep 28, 2018

.

Sep 28, 2018
Tycho Brahe:

Haha, not that I know of. We mostly just talk about college football and golf at work. I just happen to be a closeted nerd/functional autistic person who has been interested in stuff like chess and literature his entire life but who can chameleon his way through pretty much any social situation.

Ha, I like this guy!!!

Also is that Montaigne in your profile pic?

Sep 28, 2018
Sep 30, 2018

.

    • 1
Sep 27, 2018

Starcraft 2 is basically chess with more pieces.

Sep 27, 2018

I'm rated 1600 if you'd like to play.

Sep 27, 2018

1400 on blitz. High of 1550 a month ago.

Sep 27, 2018

1800 on LiChess, ~1400 USCF.. down to play as well

Sep 27, 2018

I have a bullet rating of 2200 and a blitz rating of 2136, I went to the top collegiate school in the country for chess and I am a current full time teacher in chess . If you are interested, let me know. :)

Kennethfernandez

Sep 30, 2018
Kingswizzz:

I have a bullet rating of 2200 and a blitz rating of 2136, I went to the top collegiate school in the country for chess and I am a current full time teacher in chess . If you are interested, let me know. :)

I'm interested. Share some backstory please!

Made it to 1800 Blitz on Yahoo Chess! as a kid. Now, I'm a fucking patzer who can barely hang around 1800 on Lichess 'Rapid'.

The game is one of my true passions. Growing up, playing 10,000+ blitz games truly shaped my personality. I dream of cracking 2200 to become master. Just hope I can get there before I'm too old!

    • 1
Oct 23, 2018

Hey chess dudes. Any interest in a NYC meet up. Drink some beers, move some pawns , trade some rooks.

@deadline @Kingswizzz @jckund @Pan European Monkey @CapTable @Synergy_or_Syzygy @Hippocrates @ResearchLackey19 @Tycho Brahe @Dedline @gryphus @jckund @sticazzi

Lmk I can get this set up!!!!!

BSB

Oct 29, 2018
BuySide Bro:

Hey chess dudes. Any interest in a NYC meet up. Drink some beers, move some pawns , trade some rooks.

@deadline @Kingswizzz @jckund @Pan European Monkey @CapTable @Synergy_or_Syzygy @Hippocrates @ResearchLackey19 @Tycho Brahe @Dedline @gryphus @jckund @sticazzi

Lmk I can get this set up!!!!!

BSB

This sounds like a set up. The last time I participated in something like this I woke up feeling drugged with a sore ass and one less kidney.

    • 1
Funniest
Oct 29, 2018

stannis grammar

    • 2
Oct 29, 2018
BuySide Bro:

Hey chess dudes. Any interest in a NYC meet up. Drink some beers, move some pawns , trade some rooks.

@deadline @Kingswizzz @jckund @Pan European Monkey @CapTable @Synergy_or_Syzygy @Hippocrates @ResearchLackey19 @Tycho Brahe @Dedline @gryphus @jckund @sticazzi

Lmk I can get this set up!!!!!

BSB

Yeah... come play at Marshall

Oct 30, 2018

Based in London unfortunately, hit me up if you guys are coming to Europe tho!

Oct 30, 2018
Nov 30, 2018
Oct 24, 2018