4 ms·
It's also super useful for exploring the spectrum of potential outcomes in financial projections / retirement scenarios. People are sometimes tempted to think
by scubakid 4y ago
It's also super useful for exploring the spectrum of potential outcomes in financial projections / retirement scenarios. People are sometimes tempted to think in the simpler terms of average rates of return and not fully consider issues like sequence risk. MC can help build better intuitions around the real chances of success given a broader range of
varying market conditions.