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John Hull Quotes
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Our starting point then was trying to find a way to incorporate ...
When interest rates are high you want the average direction in which ...
Alan White and I spent the next two or three years working ...
The real challenge was to model all the interest rates simultaneously, so ...
In the interest rate area, traders have for a long time used ...
Briefly speaking, our conclusion is that stochastic volatility does not make a ...
We started giving presentations at practitioner conferences in 1986, and since then all ...
One important measurement issue concerns the fat tails problem that I mentioned ...
There are challenges in terms of the measurement of VAR for what ...
We concluded that you cannot rely on delta hedging alone. It sounds ...
The HoLee model was the first term structure model. I remember reading ...
I didn't become interested in derivatives until 1982, 1983.
I think VAR is a very healthy development within the industry.
Our research led on to other things, such as the fact that ...
The problem with interest rates are that you are not modeling a ...
Yes, our tree has an interesting shape. The center branches reflect the ...
If each of your time steps is one week long, you are ...
I guess any simple idea that is really good will catch on ...
Our tree is actually a tree of the short-term interest rate. The ...
Why lose memories? Make a backup of your digital photos.
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