Friday, February 1, 2013

IS 318 visits Jane Street Capital, part 2




Our host, Jane Street CEO Sandor Lehoczky, explains the basics of finance to IS 318 chess team students.


We watch traders in action.

Sandor explains why they play bughouse every day at Jane Street: bughouse teaches players to evaluate many complex pieces of information simultaneously, make quick and on-going judgments about which factors are the most important, and requires teamwork and flexible but accurate thinking.



At 4, when the markets close, we take a walk around lower Manhattan and climb on some sculptures.


 
We return for pizza and bughouse.

 
Anthony plays against Sandor; Ariel watches.
 
Alexis and Danny beat everyone.
 
On the ride home, everyone decided to work really hard in math class and become stock traders when they grow up. The highlight of the trip for me was overhearing one kid say to his friend, "I wish today would last forever."
Huge thanks to Sandor and everyone at Jane Street for an incredibly fun and educational day.
You can see more photos here.

2 comments:

gurdonark said...

The first step on any journey is realizing you could actually
hike the path.

Shana said...

Liz - I'd love to do an virtual interview with you about the best way to get kids started in chess.

My 5 year old recently expressed an interest after seeing all of the chess boards out at the Art Museum. We sat down a played a little, and he loved it. But I'm feeling a little out of my element. :)

I'd love to hear your thoughts on the best starter chess boards, books, etc. for kids...especially for parents who are complete chess novices themselves. The basics of how you introduce the game, how/when you introduce strategy, etc.

I was so inspired by How Children Succeed, and have been throughly enjoying your blog. I write for the mom fashion and lifestyle blog Ain't No Mom Jeans, and would love to publish your interview there.

If you are interested (and I know you must be busy), please shoot me an email at aintnomomjeans (at) gmail (dot) com.

Thanks so much! Looking forward to (hopefully) hearing from you!

Shana