Word: complexes
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Traders writing (i.e., selling) put options are, therefore, the insurers. But why should their opinions affect the most (mis)quoted measure of volatility, the VIX? Many justify using options pricing because options traders are supposedly more sophisticated investors; options are considered more complex than their underlying stocks. But these are the same "sophisticated" investors who suffered enormous losses over mortgage-based securities. Can we really trust an index derived from their (mis)pricings...
After spending eight weeks at the University of Cambridge, Rui Wang ’11 has fine-tuned a third ear—one she hopes might someday help explain complex human behaviors like the struggle to quit smoking...
...socio-political events of the late 20th century percolates through the narrative of Yuri Chernishevsky, whose enigmatic past is gradually unmasked, revealing uncanny links to other characters halfway around the world. Yuri is the common thread among three women who form the epicenter of Volpi’s overly complex tale, but its intricacies only flimsily conceal its lack of narrative integrity. While each woman’s personal travails are intertwined with major world events like the fall of the Berlin Wall and the undertaking of the Human Genome Project, nothing except the basic chronology of their situations...
Especially in China, Wang said, traditional medicine is believed to pose potential long-term cures, whereas Western medicine is used to cure sudden symptoms and complex medical issues in need of immediate attention, like surgery...
...genres, including jazz and rock, and with childlike absorption, incorporates them to his own sound. As a result, even his choice of acoustic guitar as the basis for many of his songs—fairly typical for singer-songwriters—becomes distinctive through his unusually syncopated rhythms and complex, bluesy chords. The title track is the most obvious example of this; its intro is marked by an emphasis on the off-beat. The drums, entering in the in the second verse, match the syncopation of the acoustic guitar perfectly, as the electric guitar pronounces the off-beats. A piano...