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Tag Archives: personal pension planning
Random portfolios versus Monte Carlo
What is the difference between Monte Carlo — as it is usually defined in finance — and random portfolios? The meaning of “Monte Carlo” The idea of “Monte Carlo” is very simple. It is a fancy word for “simulation”. As usual, it is all too possible to find incredibly muddied explanations of such a simple … Continue reading
Posted in R language, Random portfolios
Tagged Monte Carlo in finance, personal pension planning
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