His portfolio generated 44% in returns in 2020.Insider asked Jain Kongsted how he invests and why he thinks his portfolio is so popular. His background as an elite chess player gives him a leg up in investing"The best chess players know thousands of patterns on a chess board," Jain Kongsted said. Elite chess also taught Jain Kongsted to "keep his head cool" when trades go bad. Besides chess, Jain Kongsted is also champion of Scrabble. And he spent thousands of hours studying stock charts, "until they took on a life of their own."

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Persons: Jain Kongsted, eToro, Jain, Jain Kongsed, they've, —, Elon Musk, Jain Kongsted didn't, Tesla, It's, That's Organizations: Business, Visa, Gamestop Locations: Denmark, Europe, Danish, bitcoin, cryptocurrencies