Emanuel Derman Quotes

Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can Lose Value From A Future Market Move, The Less It Should Rationally Be Worth Today, And Hence The Mantra: More Risk, More Return. This Difference Between The Quant's View Of Value As An Average Versus The Trader's Need To Worry About Any Change Makes This Kind Of Professional Cross-communication Difficult. Tour

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

Emanuel Derman Quotes: Fair Value And Change Are Therefore Two Sides Of The Same Coin; The More Ways In Which A Security Can

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