"We concluded that you cannot rely on delta hedging alone. It sounds simplistic to say that now, but back then, this was the sort of thing people were only just beginning to realize"

John C. Hull's quote is describing the concept of delta hedging, which is a danger management technique utilized to decrease the danger of rate movements in the hidden asset. In the quote, Hull is suggesting that delta hedging alone is inadequate to protect versus price motions. He is likewise implying that this principle was only recently being realized, suggesting that it was a reasonably new principle at the time. This quote highlights the value of comprehending the dangers related to investing and the requirement to use numerous techniques to protect versus them. It also stresses the importance of staying up to date with the current advancements in the financial markets and investing strategies. By understanding the threats related to investing and utilizing several techniques to secure versus them, investors can guarantee that their financial investments are as safe as possible.