This Government has found occasion to express, in a friendly spirit, but with much earnestness, to the Government of the Czar, its serious concern because of the harsh measures now being enforced against the Hebrews in Russia. ↗
People who put themselves on the line and sacrifice their own safety for the greater good and for others, and anyone in any profession whose concern is the welfare for other people instead of the individual, are inspiring and important. ↗
I think we have grave problems. I am very much concerned about environmental questions, even though in Finnish society, we are not facing the most urgent problems. ↗
When my first child was born in 1962, I wrote a letter to my grandfather telling him how happy I was but how concerned; concerned because there were so many visions which were not very good. ↗
Christian conservatives care about their families eating. They're concerned about energy independence. They're concerned about functional government. ↗
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. ↗
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. ↗
