令人惊讶的是,像我们这样的人,通过努力不断地避免愚蠢,而不是试图变得非常聪明,获得了多么巨大的长期优势。
It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The essence of finance is to serve the real economy.
每个数学问题都有一个解决方案;你只需要找到正确的视角。
"In the silence of the night, words find their way to the soul."
我们通过历史数据搜寻不被认为是随机变动的异常现象。我们的目的是要随着时间变化分析数据和市场做统计学意义和一致性测试。一旦我们找到一个,我们会随着时间推移测试它的一致性和统计学意义。我们确定它的有效性后,会问,“这符合某些方面似乎合理的行为吗?——西蒙斯的方法论。
Sometimes the bravest thing is to keep going when everything seems lost.