Robert C. Merton Quotes

My principal contribution to the Black-Scholes option-pricing theory was to show that the dynamic trading strategy prescribed by Black and Scholes to offset the risk exposure of an option would provide a perfect hedge in the limit of continuous trading.

Robert C. Merton

Recitation: by Male by Female

Author Biography

Topics

BlackStrategyPerfectPrincipal

If you bring in actors right when you're breaking story, it has a 'too many cooks in the kitchen' effect.

Jes Macallan

KitchenStoryYouRightBringMany

Uninsured care happens in this country, and here's the problem. It's not properly accounted for. The people who pay for uninsured care at the moment are the hospitals and the doctors and all of the medical providers.

John Fleming

MomentMedicalPeopleCareProblem

'The Story Of A Marriage' was initially a short story I wrote, and before that, it was a family story. It was a story that a relative of mine told me about herself in the '50s, and it was a story that no one else in my family believes, and it might not be true.

Andrew Sean Greer

FamilyMarriageMeStoryShortTrue

You should definitely stay true to your own style.

Megan Mullally

StyleYouStay TrueTrueOwnStay

Weight-bearing exercise builds bone density, builds your muscular strength so that you can hold your body up where those bones have a tendency to get weak.

Ann Richards

StrengthExerciseYouBodyYour Body

For me, motivation is easy. I enjoy what I'm doing, and I'm lucky to play tennis. I enjoy the suffering. It's something quite natural for me to go on the court and suffer, and to go in the gym and to suffer, and to know the only way to get better is to work out - that's what I like.

Stan Wawrinka

WorkSufferingMeBetterMotivation

I watched Bill O'Reilly for years.

Tucker Carlson

YearsWatchedBill

I think if you enjoy teaching, if you enjoy talking about your craft, that's probably the best way to do it... because once a player starts to get it, once he figures it out, he'll never forget it.

Tony Gwynn

BestThinkTalkingEnjoyYouForget

We need to ask elected officials supporting Keystone XL whether they're willing to put their constituents and our environment at risk so that foreign oil tycoons get a better return on their tar sands investments. Keystone XL backers will keep trying to sell us a sucker's deal; it's up to us to say no.

Tom Steyer

BetterEnvironmentTryingSayOil

The only thing I've ever wanted to do is really make people happy, offer some sort of positivity with music that I've written. The Chili Peppers do that for people. They're already established. I still want something that came out of me, and out of my heart.

Josh Klinghoffer

MusicHeartHappyPeopleMeWant

I learn tons of John Frusciante's licks from the Red Hot Chili Peppers. I'm never going to play like the Chili Peppers, but I might use that if I've got a dub beat or reggae thing mixed with a soul thing.

Brian Fallon

SoulRedLearnPlayNeverHot

I'm always watching. I'm watching everybody. San Antonio, Houston, Golden State, Washington, Boston, I'm watching everything. And my mind is always going: it's always running, and you're always trying to get an advantage somehow.

Tyronn Lue

MindTryingYouWashingtonGolden

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