#ode

The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well. ↗

— John Hull

#could #depended #interest #model #only

If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes. ↗

— John Hull

#each #long #modeling #only #our time

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 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

What farmers require is, that the prices should be moderate, and the markets steady; and for this reason I did, in 1826, 1827, and 1828, take the course which I would now recommend to the House. ↗

— Joseph Hume

#did #farmers #house #i #markets

I would like to win the Pulitzer Prize. I would like to win the Nobel Prize. I would like to win a Tony award for the Broadway musical I'm now working on. Aside from these, my aspirations are modest ones. ↗

— Evan Hunter

#aspirations #award #broadway #i #like

But things move in circles: one minute it's the models who are famous, then it's the actresses, then it's the designers. ↗

— Rachel Hunter

#designers #famous #minute #models #move

Hopefully I'll get to make another movie, so we'll see. But modeling - all the actresses are taking everything over now, with all the modeling endorsements and magazine covers. ↗

— Rosie Huntington-Whiteley

#covers #endorsements #everything #get #hopefully

When I fell into modeling, because I wanted to work in fashion. I wanted to do styling or make-up. I ended getting picked up to be a model instead during my work experience. ↗

— Rosie Huntington-Whiteley

#during #ended #experience #fashion #fell