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"I just started watching KingDom Hospital series by Stephen King - Pretty Interesting Film. I just continue watching the series 11.22.63 incrediable film. It's wonderful that you can go in the past, who doesn't want to do this?"
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Personal Development
"I like zombies, Stephen King also like them.Zombies are pretty interesting creatures,..."
Author Name
Personal Development
"I have no interest in sailing around the world. Not that there is any lack of requests for me to do so."
Author Name
Personal Development
"I'd always had an interest in physiotherapy and psychology."
Author Name
Personal Development
"There are persons who, when they cease to shock us, cease to interest us."
Author Name
Personal Development
"I had no romantic interest in Gable. I considered him an older man."
Author Name
Personal Development
"But there has also been a notable increase in recent years of these applications by a much wider slice of psychotherapists - far greater interest than ever before."
Author Name
Personal Development
"The virtues and vices are all put in motion by interest."
Author Name
Personal Development
"It's stunning to me what kind of an impact even one person can have if they have the right passion, perspective and are able to align the interest of a great team."
Author Name
Personal Development
"Since the model he so faithfully copies is not going to be hung up next to the picture... it is of no interest whether it is an accurate copy of the model."
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Personal Development
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"The HoLee model was the first term structure model. I remember reading their paper soon after it was published and as it was fairly different from many of the other papers that I had read, I had to read it quite a few times. I realized that it was a really important paper."
First
"We started giving presentations at practitioner conferences in 1986, and since then all of our derivatives research has been stimulated by contact with practitioners."
Giving
"In the interest rate area, traders have for a long time used a version of what is known as Black's model for European bond options; another version of the same model for caps and floors; and yet another version of the same model for European swap options."
Time
"There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk."
Risk
"If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes."
Time
"When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward."
Direction
"Our research led on to other things, such as the fact that exchange rates are not lognormally distributed."
Fact
"Alan White and I spent the next two or three years working together on this. We developed what is known a stochastic volatility model. This is a model where the volatility as well as the underlying asset price moves around in an unpredictable way."
Years
"One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low."
Extreme
"Yes, our tree has an interesting shape. The center branches reflect the shape of the zero curve. When extreme parts of the tree are reached the branching pattern changes to accommodate the mean reversion."
Extreme
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