I have a very long relationship with America. My mother grew up there and I felt to some extent that I partly belong there. I was schooled there briefly for about a year. ↗
It is no great art to say something briefly when, like Tacitus, one has something to say; when one has nothing to say, however, and none the less writes a whole book and makes truth into a liar - that I call an achievement. ↗
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned. ↗
In the one defence, briefly, we accept responsibility but deny that it was bad: in the other, we admit that it was bad but don't accept full, or even any, responsibility. ↗
I don't think Hollywood was trying to do anything with me. In fact, they lost interest pretty quick. I think I got lucky, briefly, in the '90s, and it just so happened that those movies were the opportunities that came my way. Then it just kind of stopped. ↗
You know that I write slowly. This is chiefly because I am never satisfied until I have said as much as possible in a few words, and writing briefly takes far more time than writing at length. ↗