"Microsoft Excel is a fantastic tool for the embedding of data sources and a great one for reporting," says Andreas Grau, CEO at Thetaris. "However it is not geared towards simulation models like ...

An curved arrow pointing right. Run Monte Carlo simulations in Excel with this simple workaround. Produced by Sara Silverstein Follow BI Video: On Facebook More from Finance Run Monte Carlo ...

The book also covers a wide range of topics related to Monte Carlo simulation, such as resampling methods, simulations of substantive theory, simulation of quantities of interest (QI) from model ...

For example, a Monte Carlo simulation might show that investing in a mix of stocks, bonds, and real estate could lead to more stable long-term returns across a wide variety of market conditions ...