Reversion to mean constraints?
Posted: Wed Jul 05, 2017 9:19 pm
This very interesting article suggests that planning tools could be more accurate if they had some way to constrain the portfolio models with long-term reversion to the mean. Thoughts?
Kitces: Does Monte Carlo Analysis Actually Overstate Tail Risk In Retirement Projections?
(Article content removed by moderator to respect owner's copyright).
Kitces: Does Monte Carlo Analysis Actually Overstate Tail Risk In Retirement Projections?
(Article content removed by moderator to respect owner's copyright).