John Hull Quotes

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.

Successful hedge funds will be entrepreneurial; it is the essence of the craft.

I didn't become interested in derivatives until 1982, 1983.

The discussion of derivatives in the political world has become a zero sum game.

I've just done a commercial in the U.S. in which I talk about stocks, shares and bonds. Everyone is amazed. They ask me: 'You really know about that stuff or did you just learn it for the commercial?' I tell them I wouldn't do it unless I understood and had an interest.

Upon graduation, believe it or not, I had no job. I had no interviews. I had no prospects. I had no worries. What I did have, I had passion. I had enormous passion. I had passion for financial markets. I had fallen in love with financial markets.

Some hedge fund managers have made big bucks trading oil futures - George Soros is one.

I think people have to be very careful with new ideas [in fiancé and economics]. What you need to worry about is when you have something that’s a really good idea, but you get too much of it too fast, like over-the-counter derivatives.

Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings.

I'm a futures man.

There are no patents in finance.

Regardless of how or where you enter Wall Street, use your inherent skills and strengths to succeed.

I don't see any magic in hedge funds.

I have a quantitative background, but really, derivatives appealed to me because they require so much creativity.

The good thing about a dealer's derivatives portfolio is that it is marked to market.

The thing about innovation in financial markets is they're always building on what has come before. It's a natural process.

I'm no financial expert. I scarcely know what a coin is. Ask me to explain what a credit default swap is, and I'll emit an unbroken 10-minute 'um' through the clueless face of a broken puppet. You might as well ask a pantomime horse.

When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk.

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

There can be few fields of human endeavor in which history counts for so little as in the world of finance.Past experience, to the extent that it is part of memory at all, is dismissed as the primitive refuge of the those who do not have insight to appreciate the incredible wonders of the present.

It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.

It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just fine.

To make money in the markets, you have to think independently and be humble.

Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.

No statement is more true and better applicable to Wall Street than the famous warning of Santayana: "Those who do not remember the past are condemned to repeat it".