每一个词都是选择,而每一个选择都是牺牲。
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 theorems often start as simple conjectures, born out of intuition.
The stage is a magical place where I can be completely free.