Innovation is the eternal driving force for enterprise development.
天下没有几百年不出现弊端的制度,也没有永远不变的法律。
The only limit to our realization of tomorrow is our doubts of today.
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.