The art and science of modeling returns of financial assets is forever unsatisfying because no one model fully captures the true behavior of asset performances. The one-year distribution, in short, ...

Not all Spice versions perform Monte Carlo simulations. Even those that do may only have a small number of available distributions, much less custom ones. LTSpice, for example, has built-in random ...

In the real world, probability is a tough thing to characterize. If I roll a die, what does it mean to say that it has a one-sixth chance of coming up 5? We say that the outcome is random because we ...

The art and science of modelling returns of financial assets is forever unsatisfying because no one model fully captures the true behavior of asset performances. As a result, there comes a point when ...