School work and intellectual interests such as music and the arts were not especially important to me while I was growing up, although mathematics, my favorite subject, was fun. Baseball was my first passion: I played sand lot and Little League and rooted for the Brooklyn Dodgers.

My principal contribution to the Black-Scholes option-pricing theory was to show that the dynamic trading strategy prescribed by Black and Scholes to offset the risk exposure of an option would provide a perfect hedge in the limit of continuous trading.

My mother taught me caring and sensitivity towards the feelings of others, animals as well as humans. She gave me much good, practical advice for getting through life.

The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools.

If you wait until your children are high school seniors to spring it on them that there's not a whole lot of money for school, they won't have too many options.

We get paid a lot of money to do what we do, and there's a lot of people who are dependent upon that car running well and us getting everything out of it as a team. So I'm very, very loyal to my team and the company.

There's no doubt that decisions made by the leading central banks do affect the global financial markets and, consequently, our situation.

The legacy of slavery comes from the sustained political, legal and economic effort to link permanently an entire group of people to poverty - and to mystify that systematic disenfranchisement by making up something called race, which could serve as a distraction.