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How to Make Better Investing Decisions
Many Happy Returns
What's the Difference Between Front End and Back End?
Once you've decided on your objectives then you can do things like Monte Carlo simulation where you can say, look, given this portfolio, how likely is it to reach my goals by this point in time? That essentially is a numerical problem. And what it does is simulate thousands of potential paths by looking at volatility for the investment and then simulating multiple random paths based on historical returns. Then you can see in what percentage of those parts, future parts, does your objective get met? Yeah,. all your different objectives, whatever they might be. It's interesting because this is the back end now we're talking about. This is the analysis. These are the math. You've got to do
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