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。
我不是那种会让我的热情消退的人。
这段话是茅以升对自己一生的总结,强调奋斗是人生的重要桥梁。
如果你不喜欢我,那是你的问题。
The only way to be truly satisfied is to do what you believe is great work.
需要教会男孩,真正的力量不是支配,而是正直和善良。
基因组是生命韧性的证明。
The most important single aspect of software development is to be clear about what you are trying to build.
It’s not supposed to be easy. Anyone who finds it easy is stupid.