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.
每一个挑战都是变得更强大、更睿智的机会。
艺术是一面照向社会的镜子,但也是一把塑造社会的锤子。
I’ve had to work very hard for every title. Nothing has been given to me.