If you don’t take risks, you’ll never know what you’re capable of.
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.
信仰是对上帝恩典的生动、大胆的信任,如此确定上帝的恩惠,以至于愿意冒着死亡的风险一千次信任它。