DerivaQuote
Money and Time
TIme is an important element in pricing derivatives. For example, if you hold an option and the underlying does not move, you lose.
Time we have wasted on the way.
Crosby, Stills and Nash
"Wasted on the Way"
1982
The speed of money is faster than it's ever been.
Loleen Doerrer
Time, April 11, 1994, p. 33
Andy Warhol once said, ‘Everybody is famous for 15 minutes.' In this business, you're lucky if you get that long.'
Advertisement in Futures
April, 1995, p. 65