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. (John Hull)

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.

Related topics

alan known model next price spend three volatility way well white working years moves unpredictable

Related quotes

I have spent 11 horrific years in solitary confinement in a 6-square-meter dungeon three floors underground without sunlight or fresh air. But I endured my hardships because I was merely living my convictions.

Samir Geagea

I really enjoyed the sort of real crazy, eclectic layering stuff and how it all worked together. I could tell it was some of it was derivative of something. I could tell that certain things were being looped around and I just really enjoyed the way that it all came together.

Kid Koala

My justification is that most people my age spend a lot of time thinking about what they're going to do for the next five or ten years. The time they spend thinking about their life, I just spend drinking.

Amy Winehouse

And surely, he that hath taken the true Altitude of Things, and rightly calculated the degenerate state of this Age, is not like to envy those that shall live in the next, much less three or four hundred Years hence, when no Man can comfortably imagine what Face this World will carry.

Thomas Browne

Spend all you have for loveliness, Buy it and never count the cost; For one white singing hour of peace Count many a year of strife well lost, And for a breath of ecstasy Give all you have been, or could be.

Sara Teasdale