« All Important Quotes · John Hull's Page
Important Quotes by John Hull
- 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…
- 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…
- 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…
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