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.
Don't walk behind me; I may not lead. Don't walk in front of me; I may not follow. Just walk beside me and be my friend.
你要格外严谨,尽可能做出最好的东西。找出所有问题并解决它。寻求负面反馈,尤其是来自朋友的反馈。
活着就是受苦,生存就是在苦难中找到一些意义。