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Top Black Scholes Model Quotes
Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some strange assumptions. — Michael Lewis
The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn't use it. — Michael Lewis
Famous Quotes
Bill's tongue had started at Cirocco's toes and was now exploring her left ear. She liked that. It had been a memorable journey." Author: John Varley