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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.

Author - Robert C. Merton

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Black Contribution Perfect Strategy Finance Quotes Robert C. Merton

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The ARTS, SCIENCES, HUMANITIES, Physical Education, LANGUAGES And Maths All Have Equal And Central Contributions To Make To A Student's Education.

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The TRADE Of Banks Is The BUYING And Selling Of Interest And EXCHANGE.

92 William Petty
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The Key BENEFITS Of A Special PURPOSE National BANK Charter Are Uniform Regulations, STANDARDS, Supervision, And AUTHORITY For Emerging Financial Technology Companies To Operate Nationwide.

67 Perianne Boring
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The DEVELOPMENT Of Our HUMAN Resources Is An Area In Which We NEED To Do WELL As It Is DECISIVE In Determining The Success Of Our Diversification Programme.

64 Hassanal Bolkiah
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Fortunately, We Argentines Have Decided To CHANGE. We Believe POLITICS Needs To Be Led By PUBLIC Servants With A Vocation To GIVE And Construct.

63 Mauricio Macri
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From The Beginning, MAKE No MISTAKES, I'm A Prizefighter And Doing This For The Money. Money First. And Then CHAMPIONSHIPS.

61 Jake Hager
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SOMETIMES PEOPLE Can Be GUILTY Of Not WORKING At RELATIONSHIPS And If It's Not Working, Oof, That's It.
59 Rob James-Collier
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We Should Redefine The Metric For EFFECTIVE Lending, Viz., Prioritise LOANS To Enterprises, Which Will Generate More EMPLOYMENT.

59 Urjit Patel
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The Doomsayers Of The 1970S Were Wrong About How Quickly The World WOULD Run Out Of Oil, But Not About The Dangers That Hydrocarbon CONSUMPTION Posed To The Global ENVIRONMENT, Especially With RESPECT To Climate Change.

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GROWTH Is Always There In The MPC's Scheme Of Things; We Don't Lose SIGHT Of That, But Not At The COST Of Inflation.
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