[quote=flu]Off topic…but since it was mentioned. And yes, I’m insane.. So apologize for the nutjob question..
Just curious…
Do any of you actually run a monte carlo type simulation on your 9 or so stock market categories and slightly rebalance the percentages accordingly, as some fund managers say one they do and swear by?
More importantly, if you do, I’m curious where did you get the the hell did you get your simulator from?
I’m sorry, by I did pretty shitty in probability and stochastic processes class in school[/quote]
Most important thing to know about simulation: There are lots of ways to do it wrong that seem right. Very tricky stuff. Was a focus of mine in under-grad school.
If it ever came to me running Monte-Carlo simulations for the purposes of trading my own money, someone come to my house and just kill me. I could, but I don’t. Would rather have someone else invest my money than take that much of my time using a very employable part of my brain that could be used earning a decent income, or better – playing Wii with the kids.
