Comment by mindcrime
4 days ago
Heh, somebody watched that same Veritasium video about Markov Chains and Monte Carlo methods. Great video; lots of interesting historical stuff in there that I didn't know (like the feud between Markov and Nekrasov).
4 days ago
Heh, somebody watched that same Veritasium video about Markov Chains and Monte Carlo methods. Great video; lots of interesting historical stuff in there that I didn't know (like the feud between Markov and Nekrasov).
For awhile I was working on Monte Carlo sims in my job in finance in my early career. Just re-building a existing archaic excel monster in python to be more flexible to new investment models and implement and allow for more levers. Since I was already working with them daily I begin applying Monte Carlo models to a lot more problems I was thinking about. It truly is a fun tool to play with, especially when you're in the thick of designing them.