#extreme

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. ↗

— John Hull

#concerns #earlier #extreme #fat #i

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

It is not to be forgotten that what we call rational grounds for our beliefs are often extremely irrational attempts to justify our instincts. ↗

— Thomas Huxley

#beliefs #call #extremely #forgotten #grounds

One has this image of the Soviet state and the Red Army as being extremely disciplined but in the first four months of 1945 their soldiers were completely out of control. ↗

— Antony Beevor

#being #completely #control #disciplined #extremely

There have been some very extreme hecklers in audiences whose bile was so hateful and so meant that it would be a bit frightening to think that all I'm doing is jokes and yet someone hates me that much. ↗

— Jo Brand

#been #bit #doing #extreme #frightening

The flight was extremely normal... for the first 36 seconds then after that got very interesting. ↗

— Pete Conrad

#extremely #first #flight #got #interesting

My idea of an amusement park story is getting adventurers to go tour environmental disaster areas. After all, if the entire Great Barrier Reef gets killed, which seems like an extremely lively possibility, what are you going to do with all that rotting limestone? ↗

— Bruce Sterling

#after #amusement #areas #barrier #disaster

In the past Berlin was much more radical and extreme and now it's becoming much more of a conventional European city. ↗

— Olafur Eliasson

#berlin #city #conventional #european #extreme

There are three things extremely hard: steel, a diamond, and to know one's self. ↗

— Benjamin Franklin

#extremely #hard #know #self #steel

As I look at President Bush, I think he will ultimately be judged as a man of extremely high character. ↗

— Tommy Franks

#character #extremely #high #i #i think