The key to understanding the Black-Scholes model is to recognize that it is based on the idea of hedging to eliminate risk.
理解布莱克-斯科尔斯模型的关键在于认识到它是基于对冲以消除风险的理念。
我们都在寻找某样东西,但我们并不总是知道那是什么。有时是一个人,有时是一个地方,有时只是一种感觉。
The best films are those that are not afraid to be ambiguous.
Short-term gains should never come at the expense of long-term sustainability.