Art is the evidence of a life fully lived.

Trend-following is not such a good model. It’s simply eroded. Things change and being able to adjust is what made Mr. Simons so successful. “Statistic predictor signals erode over the next several years； it can be five years or 10 years. You have to keep coming up with new things because the market is against us. If you don’t keep getting better， you’re going to do worse.

When someone tells you something is wrong， they’re usually right. When someone tells you how to fix it， they’re usually wrong.

哲学的任务是使世界更加人性化。