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.
The greatest thing you'll ever learn is just to love and be loved in return.
读书是为了满足你自己天生的好奇心,不是为了给别人留下好印象,也不是为了完成什么任务。
译文:知道的闲事和结识的闲人越多,招惹的是非烦恼就越多。赏析:人要多做事,少说话,不去结交造谣生事,说三道四,品行极差的人。