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The key to understanding the Black-Scholes model is recognizing that it is based on the idea of a risk-neutral world, where investors are indifferent to risk.
理解布莱克-斯科尔斯模型的关键在于认识到它是基于风险中性世界的概念,在这个世界中投资者对风险漠不关心。
最好的企业不仅仅是适应变化,而是推动变化。
History is always personal.
赏析:指出灵巧的人和聪明的人往往会因为自己的才能而劳累和忧虑,而没有才能的人则没有太多的追求和烦恼。
The oldest, shortest words—'yes' and 'no'—are those which require the most thought.
A company's biggest cost is the opportunity cost of slow decisions.