#erm

The HoLee model was the first term structure model. I remember reading their paper soon after it was published and as it was fairly different from many of the other papers that I had read, I had to read it quite a few times. I realized that it was a really important paper. ↗

— John Hull

#different #fairly #few #first #had

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

There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk. ↗

— John Hull

#derivatives #dimensions #gamma #important #known

I never thought in terms of being a leader. I thought very simply in terms of helping people. ↗

— John Hume

#being a leader #helping #helping people #i #leader

If there is dissatisfaction with the status quo, good. If there is ferment, so much the better. If there is restlessness, I am pleased. Then let there be ideas, and hard thought, and hard work. If man feels small, let man make himself bigger. ↗

— Hubert H. Humphrey

#better #bigger #dissatisfaction #feels #ferment

Except on their southern borders the great northern forests are not good as a permanent home for man. ↗

— Ellsworth Huntington

#except #forests #good #great #home

No part of the world can be truly understood without a knowledge of its garment of vegetation, for this determines not only the nature of the animal inhabitants but also the occupations of the majority of human beings. ↗

— Ellsworth Huntington

#animal #beings #determines #garment #human

And so in terms of territorial control, in terms of economic preeminence, the western share of the gross world product is declining as Asian societies in particular develop economically. ↗

— Samuel P. Huntington

#control #declining #develop #economic #economically

It was one thing to contain the Soviet Union in Europe because Britain, France, and Germany were all willing to join in. But will Japan and other Asian countries be willing to join in the containment of China? ↗

— Samuel P. Huntington

#asian countries #because #britain #china #contain

We also thought of ourselves in racial and largely ethnic terms. ↗

— Samuel P. Huntington

#ethnic #largely #ourselves #racial #terms