top of page
.png){kind=small}
Exlpore more Trying quotes
"While trying to protect the republic, the conspirators in Julius Caesar enable Mark Antony to triumph. In Rose Rage, the more Henry VI tries to fix things, the more they go wrong."
"I've never been into what am I going to do next, trying to reinvent myself."
"They asked me why I was wearing heels, and I said, I'm trying to hide my ass. They gave me a prosthetic behind."
"You know, I like playing around with my voice and trying all different types of kooky voices."
"I feel more confident about what we're doing as a band and what we're trying to do as a band and the way we're looking at it as a band."
"We are all human and fall short of where we need to be. We must never stop trying to be the best we can be."
"I know that I've overfed myself trying to prop myself up because I'm exhausted."
Explore more quotes by John Hull
"We concluded that you cannot rely on delta hedging alone. It sounds simplistic to say that now, but back then, this was the sort of thing people were only just beginning to realize."
"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."
"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."
"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."
"Our research led on to other things, such as the fact that exchange rates are not lognormally distributed."
"Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward."
"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."
"The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well."
"We started giving presentations at practitioner conferences in 1986, and since then all of our derivatives research has been stimulated by contact with practitioners."
"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."
bottom of page