In 2008, a client's portfolio that included worst-case scenarios in its planning (such as a 2008-style financial crisis) allowed them to be well-prepared psychologically and to have discussed Plan B options (cutting expenses, working longer, selling the second home) before crisis hit, which is why Monte Carlo simulation planning is essential.

causalpending

Speaker

Larry Swedroe

Evidence Quote

“so in 2008 came the bottom 5% of the outcomes we ran for clients included this 2008 gr financial crisis so our clients at least should have been well prepared”

Source

Investors Made These 9 Costly Mistakes in 2024 | Larry Swedroe Explains How to Fix Them— Excess Returns
Created: 8/11/2026, 7:39:47 AM

My Notes

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