A mind needs books as a sword needs a whetstone if it is to keep its edge.
The beauty of mathematics lies in its ability to simplify the complex.
宏观经济学的核心问题是理解人们如何随时间做出决策。
我们并不因罪恶而受罚,而是罪恶本身会惩罚我们。
治理大国如同烹调小鱼(不宜过多翻动)
We have three criteria. If it’s publicly traded, liquid and amenable to modeling, we trade it.