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MYRON SCHOLES
Quote of the day by Myron Scholes: "At times of shock, converting illiquid assets to cash to build flexibility is very expensive. Finding an umbrella in a rain storm might be impossible or very costly."- Financial word of the day: Black-Scholes model — meaning, usage, and the formula still powering Wall Street’s options pricing in 2026
- Markets on alert for Biden exit as Trump-win trades mount
- Don't be a missing billionaire: Know how to diversify investments to grow your moneyWhile I agree that everyone should invest in a better manner, I’m more than a little sceptical about ‘misjudging scale’, which is just a ro...09 Oct, 2023, 10.35 AM IST
- The man who started the $11 trillion index revolutionJohn “Mac” McQuown never helmed a big bank, crafted policy from Washington D.C., nor enjoyed name recognition like his kindred spirit Jack ...01 Jul, 2021, 09.52 PM IST
- Ripple Effect: Half of world economy faces recession, says Goldman SachsGoldman Sachs Group said countries that account for half of the world’s economy face a recession a year after the credit crisis began. Cred...22 Aug, 2008, 04.00 AM IST
- Citi turns to Stuckey for subprime bailoutCitigroup named Richard Stuckey to manage most of its $43 billion of subprime mortgage assets, choosing the same executive who nine years a...07 Nov, 2007, 02.04 AM IST
- Islamic bond fatwas surge on million-dollar scholarsSheikh Nizam Yaquby is the gatekeeper to the $1 trillion market for managing Muslim wealth. Yaquby, who lives in Bahrain, says he's on advi...02 May, 2007, 02.35 AM IST
- FBT on Esops is devoid of logicThe Budget’s proposal to tax employee stock options as a fringe benefit is wholly unreasonable.14 Mar, 2007, 02.06 AM IST
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