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Exact(5)
If so, Enron might find, as Long-Term did, that positions that should offset each other do not.
Banks and hedge funds still use complicated derivatives to gain tremendous leverage, just as Long-Term did in placing its ill-fated bets in the stock market.
But if you want to buy, say, equity volatility (don't ask), as Long-Term did, there are really only four or five dealers in the entire world who buy and sell this stuff.
In contrast, a third new model – the sum of two well known models – offered excellent predictions, which in the long-term did not tend to either underestimate or overestimate the measured values.
The best recent example was the split within the RSS camp that resulted in a new Atom syndication format, which in the long-term did not manage to displace RSS and instead divided evangelism efforts.
Similar(55)
"If by some chance we're able to get something long-term done, we'll approach that when the ball club is ready to do it," Stewart said.
The paper discusses several methods to patch the parameter sets and compares their performance in tracking long-term DO variations.
In the long-term, does this trade contribute to non-communicable disease in Bolivia?
The distinction between short- and long-term does not refer to generations but instead to stages of adaptation.
If you tend toward the long-term, don't be afraid to end relationships that have grown stale, just because you like the security.
If you could be sure the yields would eventually converge, the obvious course was to increase your bet, which is what Long Term did.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com