|
PureBytes Links
Trading Reference Links
|
Easy to say. Hard to prove?
Kent
----- Original Message -----
From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Sunday, July 14, 2002 3:01 PM
Subject: Re: Limited life span of mechanical systems?
> Monte Carlo sims can be extrememly misleading with respect to drawdowns
> estimations.
<snippage>
> Once you understand that, you will understand the limited utility
> of them.
Once you understand how limited your understanding of the PROPER use of
Monte Carlo sims is, you will understand how misleading your statements
about them are. :-)
--
Dennis
|