I can speak from experience that chess intelligence and investment intelligence are very different.
Chess player buys $700k USD of Intel stock today, it's down 20% after earnings
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This is blowing up on wallstreetbets
I don't know who he is except all his recent comments (except the INTC buy) are about chess, (see 2nd link below) He claims to be a junior in college and got the inheritance money from grandma.
Post - https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/
OP profile & comments - https://www.reddit.com/user/Sad_Nefariousness10/comments/