The writer must be a defender of the individual against the tyranny of the collective.
Financial innovation is like fire - it can be very useful, but it needs to be contained.
强大的品牌是一次一个客户建立起来的。
We don’t start with models. We start with data. We don’t have any preconceived notions. We look for things that can be replicated thousands of times. A trouble with convergence trading is that you don’t have a time scale. You say that eventually things will come together.Well, when is eventually?
I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.