“When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward.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
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as...#John Hull
