Here I discuss what Monte Carlo simulations are and how much one should believe them, using a portfolio of U.S. stocks as an example.

Excel modelling is an integral part of Monte Carlo simulation and at the end of the course students will have a sound foundation on how to set up different Excel models. Additional tutorial examples ...

VIDEO: Run Monte Carlo simulations in Excel with this simple workaround.

A Monte Carlo simulation helps investors by modeling potential investment outcomes using randomization and computer algorithms.

I am looking to estimate the potential for failure in a complex system using Monte Carlo simulation. I am quite familiar with using MC for engineering simulations, but have never approached the ...