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.
Literature is the expression of a feeling of deprivation, a recourse against a sense of something missing.
富贵荣华如同眼前短暂绽放的花朵,何必为此自寻烦恼。
领导力是关于做出今天艰难的决定,而这些决定将造福后代。
领导力在于做出艰难的决定并坚持到底。