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.
趨勢跟蹤不是一個好的模型。它只是被簡單地被沖刷了。"順應(yīng)事物變化和能夠進(jìn)行調(diào)整是讓西蒙斯先生如此成功的原因。"在未來五到十年統(tǒng)計預(yù)測信號將削弱。你要不斷推出新的東西因為市場是對我們不利。如果你不保持越來越好，你只會更糟糕.——投資算法不能進(jìn)步，就不是好算法。
The universe is indifferent to our existence.
"Sometimes it's about playing a poor hand well."
最大的勝利是戰(zhàn)勝自己。
采石業(yè)必須與技術(shù)一起發(fā)展，否則就有落后的風(fēng)險。
作家的任務(wù)不是評判，而是理解。