Monte Carlo Simulation for Portfolio Analysis
介绍蒙特卡洛模拟在投资组合分析中的基础方法，通过随机抽样模拟资产价格行为来预测收益和风险，并给出组合管理实例。
Monte Carlo simulation is a powerful and pragmatic technique for assessing the performance outlook of investment portfolios. By imitating the price behavior of the assets in the portfolio via random draws from a probability distribution, one can generate fictive portfolio outcomes and, on that basis, derive return and risk forecasts. In this article, the authors lay out the basics of the analysis technique and provide a series of portfolio management examples.