The beauty of the Black-Scholes model is that it reduces the problem of pricing an option to estimating a few key parameters, most notably volatility.
布莱克-斯科尔斯模型的美妙之处在于它将期权定价问题简化为估计几个关键参数,尤其是波动率。
The beauty of algorithms lies not in their complexity, but in their simplicity and elegance.
All complex behavior can be reduced to simpler stimulus-response units.
The best time to plant a tree was twenty years ago. The second best time is now.
You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.
The most valuable asset any company has is its people.