- Follow
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- Nov 07, 2020
Our Quotes
What belongs to all of us, and what we owe each other.
These quotes use 'our' to point at collective stakes, from expecting transparency out of government to naming the real economic cost of persistent inequality. For more on civic accountability, see Government quotes.
- Last Updated on May 30, 2021
- Important
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- Nov 07, 2020
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.
- Nov 07, 2020
Our research led on to other things, such as the fact that exchange rates are not lognormally distributed.
- High
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- Nov 07, 2020
Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.
- Giving
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- Nov 07, 2020
We started giving presentations at practitioner conferences in 1986, and since then all of our derivatives research has been stimulated by contact with practitioners.
- Loss
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- Nov 07, 2020
Our loss was very heavy, especially in the officers. Capt. Sale, of Co. E, Duke's regt, was among the killed, making the third Capt. that has been killed in that company.
- Last
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- Nov 07, 2020
Since I wrote to you last we have got our chapel beautifully lighted with gas and have had our anniversary.
- Media
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- Nov 07, 2020
The media, the polls and our legislatures fortunately have short attention spans.
- Deter
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- Nov 07, 2020