A Quote by Myron Scholes

A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'

Myron Scholes

Quote Topics

Call Contract Derivative Derivatives Exchange Futures Them

Quote Author

Myron Scholes
Canadian - Economist
Born: July 1, 1941

Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.

Sebastian Faulks

Remember, the goal of structured futures thinking is to come up with a picture of possible futures that will help to inform strategic decisions.

Jamais Cascio

One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.

Gertrude Stein

The options and futures traded on exchanges are derivatives contracts.

Carol Loomis

The light beyond my eyes flashflashflashes with a hundred futures for me. Doctor. Ship's captain. Forest ranger. Librarian. Beloved of that man or that women or those children or those people who voted for me or who painted my picture. Poet. Acrobat. Engineer. Friend. Guardian. Avenging whirlwind. A million futures--not all pretty, not all long, but all of them mine. I do have a choice" - p. 271

Laurie Halse Anderson

And that's what I liked about it, because they are, in the beginning, your little beautiful stock figures, who then make a decision to preserve their futures, but the decision they make isn't completely right, and it destroys their futures.

Kevin Williamson

He’d undone all he could. You can be sorry, and you can be forgiven, but you can’t call back the futures that your bad decisions lost

Orson Scott Card

In a sense, if you're not getting it wrong really a lot when you're creating imaginary futures, then you're just not doing it enough. You're not creating enough imaginary futures.

William Gibson

You can't just hope things away. All of us have to care, to really focus on our cities, because that's where most people live, and they're crumbling. And along with them are the futures of a lot of people. So it's a wake-up call, but no one film can do all that; we're just trying to be a part of the conversation.

Heidi Ewing

People have to have a language to speak about where they are and what other possible futures are available to them.

Stuart Hall

Don't turn away from possible futures before you're certain you don't have anything to learn from them.

Richard Bach

History produces not only the forces of domination but also the forces of resistance that press up against and are often the objects of such domination. Which is another way of saying that history, the past, is larger than the present, and is the ever-growing and ongoing possibility of resistance to the present’s imposed values, the possibility of futures not unlike the present, futures that resist and transform what dominates the present.

Elizabeth Grosz

It is saying these things that keeps us from falling apart. And maybe by imagining these futures we can make them real, and maybe not, but either way we must imagine them. The light rushes out and floods in.

John Green

Young people today are being robbed. Of their rights. Of their freedom. Of their dignity. Of their futures. The culprits? My generation and our predecessors, who either created or failed to stop the world straddling engine of theft, degradation, manipulation, and social control we call the welfare state.