Stochastic Modeling: The New Way to Predict Your Financial Future

By Glenn G. Kautt

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• Format: Paperback
• ISBN: 0971686300
• ISBN13: 9780971686304
• Release Date: December 2001
• Publisher: Monitor Publishing Company
• Length: 80 Pages
• Weight: 0.65 lbs.

Customer Reviews

One of a kind!

This book is a great introduction for advisors and savvy clients getting into stochastic financial planning. I find the deterministic methods (with a constant rate of return) to be dangerously optimistic. This book clearly establishes the pitfalls of using the traditional deterministic methodsIt's the only book I know that focuses on the much-needed mission to convert clients and planners to financial planning using stochastic methods that take market volatility and the client's risk tolerance into consideration.I recommend it to anyone who wants to get a look at the big picture and look forward to Glenn's next book.