David: halfway through 1st workshop

So I’ve been bad about blogging the workshop — mea culpa, mea maxima culpa. But will try to make up for it as I utilize the (spotty) wifi on Amtrak, coming into the city for day four. We’ve organized this workshop to spend each day (roughly) looking at one of our six groups — Monday … Continue reading

Meeting—22 November 2011

In attendance: David Kristin History of a Company idea 6 GROUPS: Overall narrative of the show is the history of a (fictional) company, told from the standpoint of six different “stakeholders” in the company Different groups that have a stake in how the company is valued / what is valuable about the company owner management … Continue reading

Option

In finance, an option is a derivative financial instrument that specifies a contract between two parties for a future transaction on an asset at a reference price. The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the corresponding obligation to fulfill the transaction. The price of an option derives from … Continue reading

Futures market

[From Wikipedia] A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. These types of contracts fall into the category of derivatives. Such instruments are priced according to the movement of … Continue reading

Black-Scholes

[from Wikipedia] The Black–Scholes model (pronounced /ˌblæk ˈʃoʊlz/) or Black–Scholes-Merton is a mathematical model of a financial market containing certain derivative investment instruments. From the model, one can deduce the Black–Scholes formula, which gives the price of European-style options. The formula led to a boom in options trading and the creation of theChicago Board Options Exchange. lt is widely used by options market participants. Many … Continue reading

Thoughts on content, found texts, living playwrights

What if the content were existing texts? One earlier version could be using older texts, classic texts, “The Canon” etc texts that are out of copyright so we don’t have to deal with that But what if a LATER version or at least ANOTHER version was in fact using texts by living playwrights whom we … Continue reading

Weather derivatives

[from Wikipedia] Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. The difference from other derivatives is that the underlying asset (rain/temperature/snow) has no direct value to price the weather derivative.