On this podcast, we use the same financial tools you already know to help set you free. Free to do what you want with your time, with your money, and with your energy, free to live your life the way you have dreamt about. We will talk about wealth knowledge, personal reflections, and the financial industry news of the day.
Episodes
Wednesday Feb 24, 2021
Wednesday Feb 24, 2021
In this episode, Mary Lyons, the Wealth Woman, and Eric Alexander, Benchmark Income Group, discuss the Monte Carlo simulations. This simulation is used to model the probability of different outcomes in a process that cannot easily be predicted due to random variables' intervention. It is a technique used to understand the impact of risk and uncertainty in prediction and forecasting models.
Due to technical issues, the video will only be of Mary.