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.
"History is not just about dates and events; it's about the people who lived through them."
The greatest thing in life is to keep your mind young.
我不是来适应的。我是来脱颖而出的。
"Do not wait for leaders; do it alone, person to person."