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.
每一个心理行为都是调整的行为。
Curiosity is the engine of discovery.
译文:修炼身心,第一是要减少欲望,行事就要先做到恭敬俭约。赏析:欲望过多,烦恼越多。我们追求基本的物质生活是必须的,但不能为了名利就不择手段,甚至铤而走险。待人一定要恭敬谦虚,假如飞扬跋扈,不可一世,就会自取灭亡。
受过教育的心灵的标志是能够思考一种思想而不必接受它。
"The best and most beautiful things in the world cannot be seen or even touched - they must be felt with the heart."