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.
趋势跟踪不是一个好的模型。它只是被简单地被冲刷了。"顺应事物变化和能够进行调整是让西蒙斯先生如此成功的原因。"在未来五到十年统计预测信号将削弱。你要不断推出新的东西因为市场是对我们不利。如果你不保持越来越好，你只会更糟糕.——投资算法不能进步，就不是好算法。
Every mental state is a function of some physical state of the brain.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.
政府，即使在其最佳状态下，也不过是一种必要的恶；在其最坏的状态下，则是一种无法忍受的恶。
The measure of a civilization is how it treats its artists.
我不想画那些像模特一样坐在那里的人。我想画真实的人。