Daily Speculations

The Web Site of Victor Niederhoffer & Laurel Kenner

Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter;  a forum for us to use our meager abilities to make the world of specinvestments a better place.

 

Home

Write to us at: (address is not clickable)

8/11/04
Nigel Davies: Strategy for Dealing With a Mobile Enemy

"The light-winged bird easily escapes the huge dragon, but the firmly rooted tree must give up its leaves, it's fruit and perhaps even its life."
--Emanuel Lasker in 'Lasker's Manual of Chess'.

On a related theme Lasker explained that one of the main principles of defence was to create positions which does not have a single weakest point. He also explained that resources used for defence should be kept to a minimum, with most of the army being engaged in counterattack.