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.
我想一整天都做自己喜欢的事情,我想坐在路边的咖啡馆,看商店橱窗里的东西。在雨中漫步,做一些好玩甚至有些刺激的事。
有时候最有力的时刻是那些未说出口的时刻。