![Black-Scholes works for short-term options, but if it's a long-term option and you think you know something [about the underlying asset], it's insane to use Black-Scholes.](/assets/img/quote-photos/black-scholes-works-for-short-term-options-but-if-its-a-long-term-option-and-yo.jpg)
Related Quotes
thinking proud bryan
Superman is there to unite us all, I think. I'm proud of Bryan for respecting that and not making it just about us. Brandon Routh
thinking bridges age
I was trying to get into the business from a young age, but I don't think I really realized how much I loved it until I booked my first movie and found myself in New Zealand for six months filming Bridge to Terabithia. Bailee Madison
thinking challenges would-be
I think a challenge for myself is to see how many times I can get above 9,000. That would be a good challenge. Ashton Eaton
thinking issues want
A bad author can take the most moral issue and make you want to just never, ever think about that moral issue. Azar Nafisi
thinking islam needs
I think Islam is in a sense, in crisis. It needs to question and re-question itself.
thinking looks alive
Now look at me! Take a good look! I was born and I knew I was alive and I knew what I wanted. What do you think is alive in me? Why do you think I'm alive? Because I have a stomach and eat and digest the food? Because I breathe and work and produce more food to digest? Or because I know what I want, and that something which knows how to want—isn't that life itself? And who—in this damned universe—who can tell me why I should live for anything but for that which I want? Ayn Rand
thinking religion trying
Never try to discourage thinking, for you are sure to succeed. Bertrand Russell
thinking too-much next
Every stage of my life set the scene for the next, and at each point all I had to do was say "yes" and not think too much about the consequences. Jane Goodall
thinking political needs
I think we need someone in a responsible political position to have the courage to say, 'Let's terminate human spaceflight.' James Van Allen
long hours long-hours
I love to do what I do. So, I do work long hours. Brandon Sanderson
long people saws
You're not going to see people like this again for a long time, he said and I said I always saw people like this & he looked at me for a moment and said, You're not from around here, are you? Brian Andreas
long understanding forests
Chimpanzees have given me so much. The long hours spent with them in the forest have enriched my life beyond measure. What I have learned from them has shaped my understanding of human behavior, of our place in nature.
long people trouble
The trouble with me is that for a long time I have just been an I person. All people belong to a We except me. Not to belong to a We makes you too lonesome. Carson McCullers
long-ago long laziness
the less one does, as I long ago observed, the less one can find time to do. Jane Welsh Carlyle
long want minutes
I don't want to die as long as I can work; the minute I can not, I want to go. Susan B. Anthony
long problem dear
From dear, dear Gloria Swanson, I learned how to live long, happy and free of health problems. I owe her my life. Dirk Benedict
long enough plant
I carry the seeds of death within me and plant them wherever I linger long enough to love. Orson Scott Card
long blame-someone problem
As long as you blame someone or something else - something outside you that's bigger than you are - as the source of your problems, the problems won't get solved. Robert Kiyosaki
black causes courts fast marks playing shoes team track
After a week, we had a lot of black marks from track shoes on them. It causes an abrasion that slows down the surface, so our varsity team is not playing on as fast of courts as they may encounter. Mollie Mayfield
black few job living people public recall useful
Even during my youth, I can recall very few black people living on any kind of public assistance. People were working, doing some kind of job that was useful to the community.
black brain gives hope imaging opening
Brain imaging gives us the hope of opening up the black box.
blacks maybe whites
Blacks got used to winning, and whites got used to losing. Now with all of this upheaval, some blacks think that maybe they're not going to win, and some whites think they're going to win.
black dreadful fierce shook stood ten terrible
Black it stood as night, / Fierce as ten furies, terrible as hell, / And shook a dreadful dart. John Milton
black came gray smell smoke
Black and gray smoke just came puffing out like a train. You could smell it all over the house, and the soot got into everything. Ruth Reed
black census grown history holes measure
We wanted a census of all the black holes and we wanted to know what they are like. We also wanted to measure how black holes have grown over the history of the Universe.
black bloody
We want a black result, we want an All Black win, not a bloody blackout.
black days face hold issue people process slap town trust voting white
To hold this meeting, days before voting and the town meeting, is a slap in the face to the people of St. Albans. This is not a black and white issue. This is an issue of process and the trust of the people.