This site under reconstruction.
I’ve been wanting to explore the Monte Carlo simulations in Excel and I finally cracked open some books on the topic. I’ve probably been playing around with some examples since June or July and have seen a few techniques. My understanding of a Monte Carlo simulation is that a scenario, a setup, a model is…
I’m circling back to see what is going on in the AI arena. I’m getting a very faint sense that people are being replaced by AI. While AI grinds its way through the industries, the latest industry to be hit is the gaming industry, which I’m not familiar with at all. A few articles have…
The function XLOOKUP is a great improvement over VLOOKUP, but there is a surprising quirk about it. It boggles my mind and kind of leaves me unmoored. Background This whole exercise stems from a desire to learn about how Monte Carlo simulations could be set up, so I used a book that incorporated Excel with…
There are a few tools for improving the bottom line, but the most common ones are: layoffs, outsourcing, offshoring and soon to be available automation with AI. These are predominantly all ways of reducing headcounts in the shortest time possible. You might deploy new technology systems, innovate new products or negotiate major deals but I…
At the beginning of this year, I dreaded this year because it was an election year because I feared political violence. I just wasn’t prepared for what happened yesterday. I thought the violence would be something like the Proud Boys or such ilk fighting folks like the antifas or some intimidation at the polls. I…
The first storm of this hurricane season has hit Houston, Texas on Monday as a Cat 1. Now I can stop worrying about this hurricane as it is done with. Fortunately (?!?) it hit as a Cat 1 instead of anything worse. When it rampaged through the Caribbean, it went up to a Cat 5…
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