The individual investor should act consistently as an investor and not as a speculator.
当天赋不努力时,勤奋会击败天赋。
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.
"Every film is a journey, and you never know where it's going to take you."
法律与道德的分离是法律体系的一个必要特征。