#ate

My aim in painting has always been the most exact transcription possible of my most intimate impression of nature. ↗

— Edward Hopper

#always #been #exact #impression #intimate

The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well. ↗

— John Hull

#could #depended #interest #model #only

Where else but in America could a schoolteacher from Kansas City end up the governor of her adopted state? ↗

— Jane D. Hull

#america #city #could #else #end

While I have some regrets that this is my last opportunity to deliver a State of the State address, I appreciate and am humbled by the opportunities this great state has given me. ↗

— Jane D. Hull

#am #appreciate #deliver #given #great

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. ↗

— John Hull

#area #black #bond #caps #european

The problem with interest rates are that you are not modeling a single number, you are modeling a whole term structure, so it is a sort of different type of problem. ↗

— John Hull

#interest #modeling #number #problem #rates

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. ↗

— John Hull

#direction #downward #high #interest #low

Yes, our tree has an interesting shape. The center branches reflect the shape of the zero curve. When extreme parts of the tree are reached the branching pattern changes to accommodate the mean reversion. ↗

— John Hull

#branches #center #changes #curve #extreme

We started giving presentations at practitioner conferences in 1986, and since then all of our derivatives research has been stimulated by contact with practitioners. ↗

— John Hull

#conferences #contact #derivatives #giving #our

We have a society in which one of the greatest things you can do is a platform to see victim status, and one of the qualifications for that is that you have these exquisitely tender feelings about things and sensibilities which are easily offended. ↗

— Brit Hume

#easily #exquisitely #feelings #greatest #greatest things