真正的力量来自于克服那些我们认为无法逾越的障碍。
We search through historical data looking for anomalous patterns that we would not expect to occur at random. Our scheme is to analyze data and markets to test for statistical significance and consistency over time. Once we find one, we test it for statistical significance and consistency over time. After we determine its validity, weask, ‘Does this correspond to some aspect of behavior that seems reasonable?’
In the short run, the market is a voting machine but in the long run, it is a weighing machine.
聪明的人心里明白而言语不必太多。