Light is the most important material in architecture.
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.
Winning is not always the barometer of getting better.
合作是科学进步的基础——没有人是独自工作的。