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.
如果你没有合适的人分享,成功就毫无意义。
梦想不会自己实现,除非你付诸行动。
孔子说:“我不是天生就有学问的,只是个喜欢读书、勤奋敏捷地追求知识的人。”
Desperately awaiting the release of his new book. Clean your room to set your house in order but don't be afraid to break the rules either. Greetings from a JP fan from Nepal.