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Good at Chess? A Hedge Fund May Want to Hire You — Boaz Weinstein’s opening move on Wall Street came as a result of chess. Mr. Weinstein, now a star hedge fund manager, was trying to get a summer job at Goldman Sachs in 1991, when he was just 18. After being told there was nothing available, he stopped in a bathroom on the way out and ran into David F. Delucia, then the head of corporate bond trading. Mr. Delucia, who is ranked as an expert by the United States Chess Federation, had played Mr. Weinstein, ranked as a master by the chess federation, many times. He arranged for a series of interviews until Mr. Weinstein got an internship on a Goldman trading desk. Mr. Weinstein is not alone among Wall Streeters who have a chess ...

Rule change raises hopes of Vishy Anand meeting Magnus Carlsen — A change to the world chess championship candidates rules has raised hopes that India's Vishy Anand, the holder, will meet Norway's Magnus Carlsen, 20, who tops the chess rankings, in a 2012 or 2013 title match. The 2011 candidates in Kazan was settled by knock-out, where Russia's Alex Grischuk controversially made quick draws in the long classical games to reach the final via blitz tie-breaks. Subsequently, elite chess grandmasters voted for an all-play-all format. APAs were used from 1950 until 1962, when Bobby Fischer claimed that his Soviet rivals had arranged results to minimise the American's chances. The chess tournament was replaced by matches, in which Fischer famously destroyed ...

Chess: European Players Are Well Paid for Team Play — The difference between the game in the United States and Europe is easy to illustrate by comparing two team competitions currently under way. The European Club Cup, which ends Sunday in Slovenia, features many of the world’s best chess players, among them Boris Gelfand, Peter Svidler, Teimour Radjabov and Ruslan Ponomariov. They have no particular loyalty to their chess clubs. They are playing because they are being paid, often quite well. And the clubs with the deepest pockets, like OSG Baden Baden in Germany and Tomsk-400 in Russia, are the only ones with a legitimate chance to win the chess tournament. Compare that to the setup of the United States Chess League, which just finished its fifth week of ...

Winning in long run requires motivation — Chess is a worthy pursuit for all seasons of life; 6- and 7-year-olds can play a pretty good game. In recent years, chess players in their early teens have become grandmasters. And a 20-year-old, Magnus Carlsen, is the highest-rated chess player in the world. Meanwhile, 82-year-old Viktor Korchnoi is still capable of winning tournaments, though not at the same level as before. When do chess grandmasters reach their peak? The ballpark figure used to be 35. But two chess players in their early 40s — the champion, Viswanathan Anand; and the challenger, Boris Gelfand — will face off for the world title in the summer. Gelfand embraces the age factor. He sees no decline in his ...

Chess: Karpov turns the screw — Karpov-Smyslov, Moscow 1972. White has come out of the opening with a certain spatial advantage. Now he has to find a plan. Warning: you're not looking for a sacrificial combination – this is Karpovian, it's all about subtlety and strategy. RB: I've nominated Karpov's Strategic Wins 1: The Making of a Champion by Tibor Karolyi (Quality Chess) for our book of the year award. It's a year-on-year account of Karpov's career from 1961 to 1985, nicely laid out and well annotated. Karpov's style is positional, unhurried and exceptionally deep. Constantly alert to the counter-stroke, he likes to make small improving moves. Some of Karpov's choices remain, even with the help of a chess computer, mysterious, as ...

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