John Hull Quotes
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned.

Quotes to Explore
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I wouldn't just have other people write songs and me go out and sing it. I would sit down with a guitar and write 11 or 12 good songs for an album and that is gonna take a long time.
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And as long as people want to hear me sing, I don't know why I'd retire.
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I'm kind of a control freak. I like to be really prepared.
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I ride my bike for transportation a great deal - occasionally I ride it for fun. But I also have a generator bike that's hooked up to my solar battery pack, so if I ride 15 minutes hard on my bike, that's enough energy to toast toast, or power my computer.
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We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.
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I'd like us to deliver a little message to all the men still out there who think it's the '50s, and coming home simply means watching television with a beer.
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Sound character provides the power with which a person may ride the emergencies of life instead of being overwhelmed by them. Failure is... the highway to success.
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The way I feel about music is that there is no right and wrong. Only true and false.
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Everything depends on whether we have for opponents those French tricksters or those daring rascals, the English. I prefer the English. Frequently their daring can only be described as stupidity. In their eyes it may be pluck and daring.
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I was kind of lost for several years.
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If a State has reliable scientific information that demonstrates that a warning is needed for a particular food, then in the interest of public health, it should share that information with the FDA and petition for a new national standard.
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I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
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I do everything I can to have a diverse career because I just want to have options. I know that I can do Hamlet or I can do Stanley Kowalski, you know.
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We are Divine enough to ask and we are important enough to receive.
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I have always taken care of my body; I'm not a drinker, I've never smoked. And I've always exercised. That's all you have to do.
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Boyapati is one of the few directors who can pull off a masala film like 'Sarrainodu'.
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Information on the Internet must be as free as in the newspapers.
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If women believed in their husbands they would be a good deal happier and also a good deal more foolish.
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You know, ballet might be too formal of a title for the type of dance I do, but I love to dance.
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Every religion has had people going out and killing in the name of it. But that's not what religion is.
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For me, I was a musician long before I was an actor.
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The earliest example known to me of replaced body parts is exemplified by a Mayan skull dating back to 1400 BC. In this skull, false teeth made of stone had been implanted.
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I just can't ever be a free spirit and just relax. When it comes to work, this is good. I'm very disciplined, which with writing is often half the battle, or more. But it also means that if I want to, say, play hooky and chocolate and watch Bravo all afternoon, I feel horribly guilty. I wish I could find a nice balance.
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Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned.