Search Results for: arbitrage

Quiz on "The Letters of Warren E. Buffett" – Preliminary Round

fundooprofessor

As part of their course, my students at MDI were recently asked to participate in a quiz titled “The Letters of Warren E. Buffett.” The quiz was administered in two rounds. The class, consisting of 84 students, was asked to read all the letters written by Mr. Buffett to the shareholders of Berkshire Hathaway Inc.… Continue reading Quiz on "The Letters of Warren E. Buffett" – Preliminary Round

To Burn a Bridge? Or to Cross it Only When You Come to it? Lessons from Black-Scholes Options Pricing Model

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When the Spanish explorer Cortez landed at Veracruz, the first thing he did was burn his ships. Then he told his men: “You can either fight, or you can die.” Burning his ships removed a third alternative: giving up and returning to Spain. [from Creative Whack Pack Card # 55] In 1334, Hochosterwitz Castle was… Continue reading To Burn a Bridge? Or to Cross it Only When You Come to it? Lessons from Black-Scholes Options Pricing Model