Making Predictions In An Unpredictable World

July 07, 2017   |   July 2017 Bond Updates
Family offices recognize that forecasts of future returns need to incorporate the potential for surprises. They rely on “Monte Carlo” methods, named after the famed Monte Carlo casino in Monaco. As the name implies, these techniques recognize the element of chance inherent in forecasting.

View more at: http://www.forbes.com/sites/toddmillay/2017/07/06/making-predictions-in-an-unpredictable-world/
 
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