Education is what remains after one has forgotten everything he learned in school.
教育就是当一个人把在学校所学全部忘光之后剩下的东西。
You can’t put a limit on anything. The more you dream, the farther you get.
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.