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.
趋势跟踪不是一个好的模型。它只是被简单地被冲刷了。"顺应事物变化和能够进行调整是让西蒙斯先生如此成功的原因。"在未来五到十年统计预测信号将削弱。你要不断推出新的东西因为市场是对我们不利。如果你不保持越来越好,你只会更糟糕.——投资算法不能进步,就不是好算法。
I cannot and do not live in the world of discretion, not as a writer, anyway. I would prefer to, I assure you—it would make life easier. But discretion is, unfortunately, not for novelists.
Failure is simply the universe's way of teaching you what not to do next time.
痛苦是暂时的,放弃却是永远的。
The best way to predict the future is to create it.
I’m interested in things that contribute to the continuation of my life.
The dead are not absent. They are just invisible.
The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.
我们必须建立一个既能保护公民又不与世界隔绝的欧洲。
你必须对自己的能力有信心,然后足够坚强地坚持到底。
I'm not a person who likes to be ordinary.
The most important thing in the programming language is the name. A language will not succeed without a good name. I have recently invented a very good name and now I am looking for a suitable language.