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Myron Scholes
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I’m a theorist, not an institutionalist.
Myron Scholes
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All models have faults – that doesn’t mean you can’t use them as tools for making decisions.
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A futures contract is a derivative, but the futures exchange doesn’t call them ‘derivatives,’ they call them ‘futures.’
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May 15, 2024
A futures contract is a derivative, but the futures exchange doesn’t call them ‘derivatives,’ they call them ‘futures.’
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May 15, 2024
All models have faults – that doesn’t mean you can’t use them as tools for making decisions.
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