I always say, decisions I make, I live with them. There’s always ways you can correct them or ways you can do them better. At the end of the day, I live with them.
I am not interested in reality. I am interested in what lies beyond it.
Memories, even your most precious ones, fade surprisingly quickly. But I don’t go along with that. The memories I value most, I don’t ever see them fading.
【释义】富贵不能使我骄奢淫逸,贫贱不能使我改移节操,威武不能使我屈服意志。
当企业优先考虑长期价值而非短期收益时,利润和目的可以共存。
资本资产定价模型(CAPM)是理解风险-回报权衡的有用工具,但它并非对现实的完美描述。
In manufacturing, precision is everything, but adaptability is what keeps you ahead.
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.