#derivative

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

Since I was not able wholly to subscribe to any one set of beliefs advanced by any 'guru' I had to fall back on my own, however derivative. ↗

— Anthony Storr

#advanced #any #back #beliefs #derivative

... toxic derivatives were underpinned by toxic economics, which, in turn, were no more than motivated delusions in search of theoretical justification; fundamentalist tracts that acknowledged facts only when they could be accommodated to the demands of the lucrative faith. Despite their highly impressive labels and technical appearance, economic models were merely mathematized versions of the touching superstition that markets know best, both at times of tranquility and in periods of tumult. ↗

— Yanis Varoufakis

#economic-models #economics #markets #faith

A lot of songs are derivative of each other. ↗

— Tori Amos

#each #lot #other #songs

Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them. ↗

— Richard Dooling

#because #computers #created #credit #default

Even the crudest, most derivative novel is an expression of the author's hopes and fears and ideas about good and evil. ↗

— Steven Saylor

#author #derivative #even #evil #expression

Derivatives are financial weapons of mass destruction. ↗

— Warren Buffett

#destruction #financial #mass #weapons

The marginal people on the trading desks, there's no skill set. If they don't trade derivatives, I don't know what they can do. The next stop is driving a cab. ↗

— James Chanos

#derivatives #desks #driving #i #know

At the same time, much of it seems to have to do with recreating things we or others had already done; it seems rather derivative intellectually; is there a dearth of really new ideas? ↗

— Dennis Ritchie

#dearth #derivative #done #had #ideas

Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly. ↗

— James Chanos

#accounted #any #derivatives #done #evil