I guess any simple idea that is really good will catch on quickly. Download Download Share on Facebook Share on Twitter Rotate quotes catch good guess
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. John Hull fairlyholeeimportant share on social
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. John Hull challengedependinterest Change image and share on social
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. John Hull areablackbond share on social
It is good to be in front of the lens to appreciate more being behind the lens. Carine Roitfeld frontgoodlens Change image and share on social
I like to catch fish and release them. I probably haven't killed a fish that I've caught in sport fishing for 20 years. No reason to kill it. You know, just take it and release it. Jack Nicklaus catchfishhave Change image and share on social
Shaft was a pop culture figure along t he lines of, I guess, Dirty Harry - except that he wasn't as much of a racist. So yeah, I was always a fan. Jeffrey Wright culturedirtyfan Change image and share on social
