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。
我们的运营许可既取决于技术能力,也取决于社会认可。
The nose of a mob is its imagination. By this, at any time, it can be quietly led.
在计算机科学中追求知识是一段永无止境的旅程,每一次发现都为新的问题打开了大门。
我们必须在经济增长和环境管理之间取得平衡。
我认为应该避免的另一件事是极度强烈的意识形态,因为它会使人的思想白菜化......当你年轻时,很容易沉浸在旧思想中,当你宣布自己是忠实成员时......你就会逐渐毁掉自己的思想。