So Sharpe did a Monte Carlo simulation of 1 million different 30-year investment outcomes, getting roughly the same difference in return.
FORBES: A New Way Of Calculating The Brutal Arithmetic Of Fund Fees
To do this, you could run a "Monte Carlo simulation" in which you plug historical weather data into a computer and then roll a pair of virtual dice 10, 000 times.
FORBES: Betting against God
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