Here’s a wise “formula” we don’t talk about much: “What you expect” minus “What you get” equals “How disappointed you feel”I see this all the time in the realm of finance.For example, someone will ...
Nineteen seventy-three was a pivotal year in finance for reasons other than Black, Scholes and Merton’s publications. The Chicago Board Options Exchange opened on 26 April, launching the world’s first ...