Okay, but stock prices, i imagine, have
to do with alot of human or subjective factors. correct ?
That is not really there in BJ ?
For example, take the bombings ? Those in pure stocks are a bit helpless against those sort of things, correct ? Whereas in BJ it pretty well defined.
once again, i don't know jack about stocks, but i imagine it is kinda like comparing weather prediction to calculating the trajectory of a projectile under influence of gravity, air resistance, etc.
What kind of assumptions are involved in the Monte Carlo sims and how do they compare to the assumptions used in BJ sims ? You know what i am saying. In a BJ sim, you just add more hands which give you more and more decimals to the ev, etc.
You can say pretty much exactly that after x rounds i have y chance of being behind. In stocks, can you really say, after 1 year, i have exactly x (with whatever amount of sig figs you desire) % chance of being behind? Well, it seems that's even a silly question, given recent turn of events.