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.
我不想出名,我想变得伟大。
普惠金融不是慈善,而是商业可持续的金融服务。
The best leaders are those most interested in surrounding themselves with assistants and associates smarter than they are.