John Hull

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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

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Our starting point then was trying to find a way to incorporate mean reversion into the HoLee model.

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

May 3, 2024

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

May 3, 2024

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

Other Quote

Our starting point then was trying to find a way to incorporate mean reversion into the HoLee model.

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

My father was unemployed and I was the eldest of seven children. We were very poor. And when you ask how did we support ourselves, the only funding that we had was unemployment payments.

Our starting point then was trying to find a way to incorporate mean reversion into the HoLee model.

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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.

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