The FIDE World Corporate Chess Championship determines the ‘smartest company in the world.’

  • Goldman Sachs and Google are competing in the FIDE World Corporate Chess Championship.
  • The championship aims to determine the ‘smartest company in the world.’
  • Chess has gained popularity in high-achieving offices.
  • Teams are allowed to bring in ringers, such as grandmasters.
  • Goldman Sachs has a history of success in corporate chess.

Goldman Sachs and Google are set to compete in the FIDE World Corporate Chess Championship, a tournament that aims to determine the ‘smartest company in the world.’ The championship has attracted teams from various blue-chip companies, including Deutsche Bank and BlackRock. Chess has become popular in high-achieving offices, with Google boasting a strong internal group of 2,500 chess players. The championship allows teams to bring in ringers, such as grandmasters, to bolster their chances of winning. Goldman Sachs, in particular, has a history of success in corporate chess, with one of its portfolio managers defeating former Women’s World Chess Champion Susan Polgar in a simultaneous game.·

Factuality Level: 3
Factuality Justification: The article provides a detailed account of the upcoming FIDE World Corporate Chess Championship and the participation of various companies like Goldman Sachs, Google, Deutsche Bank, and BlackRock. It includes specific details about the players, their backgrounds, and the dynamics of corporate chess. However, the article lacks relevance to broader news or significant impact, contains unnecessary details about individual players, and focuses more on personal anecdotes rather than providing substantial information.·
Noise Level: 3
Noise Justification: The article provides an interesting insight into the world of corporate chess competitions, highlighting the participation of employees from top companies like Goldman Sachs, Google, and Susquehanna International Group. However, the article lacks depth in analyzing broader implications or trends beyond the specific event being covered.·
Public Companies: Google (GOOGL), Goldman Sachs (GS), Deutsche Bank (DB), BlackRock (BLK)
Private Companies: Susquehanna International Group
Key People: Len Ioffe (Portfolio Manager, Goldman Sachs), Zhe Quan (Unknown, Goldman Sachs), Bogdan Vioreanu (Unknown, Goldman Sachs), Alex Wiener (Unknown, Goldman Sachs), Ritvars Reimanis (International Master, Google), Kola Adeyemi (Product Strategy and Operations Lead, Google Workspace), Levy Rozman (Chess Streamer), Sam Shankland (Grandmaster, Susquehanna International Group), Ella Papanek (Team Captain, Susquehanna International Group), Andrew Tang (Quantitative Trader, Susquehanna International Group), Ian Nepomniachtchi (Grandmaster, SBER), Susan Polgar (Former Women’s World Chess Champion)

Track all markets on TradingView

Financial Relevance: Yes
Financial Markets Impacted: Goldman Sachs, Google, Deutsche Bank, BlackRock, Susquehanna International Group, Microsoft
Financial Rating Justification: The article discusses the participation of employees from various financial companies such as Goldman Sachs, Google, Deutsche Bank, and BlackRock in the FIDE World Corporate Chess Championship. It highlights the popularity of chess among professionals in these companies and how it has become a part of their culture. This can impact team morale and camaraderie within the organizations.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: ·

Reported publicly: www.wsj.com