Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Reginald Middleton who wrote (28776)	2/24/1998 6:11:00 PM
From: AK2004	Read Replies (2) \| Respond to of 1573143

Regy, Regy, Regy you don't give up, do you? There is no such thing as non-performing assets in the type of valuation that we have talked about. And if you think that HJM is used for exotics only then you need to go back to school, old man. Stochastic models are used by everyone nower days. I am sure that you have seen Black-Scholes formula which represents closed form solution of the price for European put/call options assuming simple lognormal stochastic process and simplifying assumptions for term structures. Running simulations of interest rates is one of more complicated tasks that you can ever imagine in your simple mind. I am not in the mood to read all of the post. I saw the word beta when I was glancing at your post though. Have you ever run any studies on your own on how stable beta is (or APT factors). If you don't have enough skills just look at change in correlation on bloomberg You really need to go back to school