An Intuitive Guide to MCMC (Part I): The Metropolis-Hastings Algorithm
Bayesian statistics you’ve likely encountered MCMC. While the rest of the world is fixated on the latest LLM hype, Markov Chain Monte Carlo remains the quiet workhorse of high-end quantitative finance and risk management. It is the tool of choice when “guessing” isn’t enough and you need to rigorously map out uncertainty. Despite the intimidating …
An Intuitive Guide to MCMC (Part I): The Metropolis-Hastings Algorithm Read More »










