“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.Quote by John HullTopics: Quotes about John HullShare on:FacebookPinterestWhatsApp
One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is...#John Hull
The real challenge was to model all the interest rates simultaneously, so you could value...#John Hull
We started giving presentations at practitioner conferences in 1986, and since then all of our...#John Hull
