Monte Carlo Forecasting and Its Limits
Investors can use Monte Carlo forecasts to understand the relative probabilities of various return scenarios. But there are important shortcomings of this method.
Read more...I write about investing, with a particular focus on portfolio management. Some of my favorite topics include niche ETFs and volatility.
Investors can use Monte Carlo forecasts to understand the relative probabilities of various return scenarios. But there are important shortcomings of this method.
Read more...Risk tolerance and level of trust are distinct considerations in portfolio construction. How do you create a portfolio for the low trust investor?
Read more...My portfolio performed well in 2022 and I was fortunate enough to earn double digit returns in a down year for the market.
Read more...