Another Quote by John Hull

Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some…

— Michael Lewis

The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn't…

— Michael Lewis

Interest rates are used to achieve overall economic stability.

— Ben Bernanke

Most savings rates are based on underlying interest rates.

— Martin Lewis

If I could find anything blacker than black, I'd use it.

— J. M. W. Turner

I feel like when it comes to the models, certain models are now like commodities in certain ways.

— Edward Enninful

One grave and fundamental Keynesian error is to persist in regarding the interest rate as a contract rate on loans instead of the price…

— Murray Rothbard

Most banks - with Deutsche Bank at the top of the spectrum here - have decided that they can't make money lending to barrowers…

— Michael Hudson

“THE BLACK BOX MODEL WHY”

— Mikael Krogerus

Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think he was…

— Jamie Dimon

Models work when they are appropriate for the particular circumstance, but some of the best investment judgments over time have come when people recognized…

— Abby Joseph Cohen

Over time, low rates can put pressure on the business models of financial institutions.

— Jerome Powell