#rest

I didn't become interested in derivatives until 1982, 1983. ↗

— John Hull

#derivatives #i #interested #until

In the interest rate area, traders have for a long time used a version of what is known as Black's model for European bond options; another version of the same model for caps and floors; and yet another version of the same model for European swap options. ↗

— John Hull

#area #black #bond #caps #european

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

When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward. ↗

— John Hull

#direction #downward #high #interest #low

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

You have to have pace, you have to have high production values, you have to have interesting graphics, and you have to have attractive people. CNN could afford not to be so obedient to those commands, and for a long time, it wasn't. ↗

— Brit Hume

#attractive #attractive people #cnn #commands #could

Men often act knowingly against their interest. ↗

— David Hume

#act #against #interest #knowingly #often

I maintain that the existing corn laws are bad, because they have given a monopoly of food to the landed interest over every other class and over every other interest in the kingdom. ↗

— Joseph Hume

#because #class #corn #every #existing

They believed that Britain was in Ireland defending their own interests, therefore the Irish had the right to use violence to put them out. My argument was that that type of thinking was out of date. ↗

— John Hume

#believed #britain #date #defending #had

It is, and long has been my opinion, and I have heard honourable members in this House declare it to be theirs - that it is the duty of Parliament equally to protect all the different interests in the country. ↗

— Joseph Hume

#country #declare #different #duty #equally