We are not separate observers of the universe, but active participants in its unfolding.

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.

"La ficción es la mentira que revela verdades más profundas."

Faith is the substance of things hoped for, the evidence of things not seen.

孤独是思考的起点。

如果不能满足农民的需求，最先进的技术也毫无价值。#

不敢冒犯别人的人不可能诚实。