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To: Prognosticator who wrote (38307)11/28/2000 12:14:17 AM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
Formal derivatives are generally easier than formal integrals, but in numerical computations it's a heck of a lot easier to calculate an integral within appropriate error bounds than it is to calculate a derivative, because the derivative calculation is inherently unstable.

Maybe financial derivatives are also inherently unstable?

I thought hedges were something pigs hide in.

I do agree it sounds bad.

<g>

Charles Tutt (TM)