John Hull One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low. – John Hull Concerned Quotes Concerns Quotes Distributions Quotes Earlier Quotes Extreme Quotes Fat Quotes Issue Quotes Measurement Quotes Measures Quotes Mentioned Quotes Outcomes Quotes Probability Quotes Tails Quotes Var Quotes Our research led on to other things, such as the fact that exchange rates are not lognormally distributed. In the interest rate area, traders have for a long time used a version of what is known as Black’s model for European bond options; another version of the same model for caps and floors; and yet another version of the same model for European swap options.
Miquita Oliver The thing about ‘Popworld’ is it became such a luxury to be doing this great show every week, and to have people stop you in the street and say it’s good. – Miquita Oliver
Jimmy Smits I went to Brooklyn College as an education major. It was a big deal in the family, but really, I was living for Mom and Dad. – Jimmy Smits
Jacob Tremblay My sister pursued acting, and one day, I was like, ‘Hey, I want to do acting, too’ – this was just in commercials – and then one day, I got an audition for my first movie, ‘Smurfs 2,’ and I did it. – Jacob Tremblay
Eric McCormack I like playing a character every day. I like having something to go back to. I always enjoyed that with ‘Will & Grace.’ I like the camaraderie. I like having a crew that I know and I can work with every day. – Eric McCormack
Kate Brown We need a more strategic, coordinated, statewide plan that identifies high-demand jobs or industries with a projected under-supply and offer training to get these Oregonians to work. – Kate Brown
John Calipari Can I say this in a humble way – I don’t need the money. If I stop coaching today at Kentucky, my toes are up, and I’m eating Cheetos, and I’m fine. – John Calipari
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