“We concluded that you cannot rely on delta hedging alone. It sounds simplistic to say that now, but back then, this was the sort of thing people were only just beginning to realize.Quote by John HullTopics: Quotes about John HullShare on:FacebookPinterestWhatsApp
The real challenge was to model all the interest rates simultaneously, so you could value...#John Hull
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as...#John Hull
