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.
"To write about pain is to dissolve its power over memory."
品质是企业的生命线,任何时候都不能妥协。
成功的道路是采取大规模、坚定的行动。