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.
I'm a true believer that if you put in the work, the results will come.
大多数人的问题在于他们用希望、恐惧或愿望思考,而不是用头脑。
Data reveals the truth: Most poor people are not lazy.
数学不仅仅是关于数字、方程、计算或算法:它是关于理解的。
我不是现实,我是幻想。