The challenge of acting is not to show, but to reveal.
表演的挑战不是展示,而是揭示。
质量不是一种行为,而是一种习惯。
We search through historical data looking for anomalous patterns that we would not expect to occur at random. Our scheme is to analyze data and markets to test for statistical significance and consistency over time. Once we find one, we test it for statistical significance and consistency over time. After we determine its validity, weask, ‘Does this correspond to some aspect of behavior that seems reasonable?’
The most dangerous strategy is to jump a chasm in two leaps.