Rating: 
Summary: very disappointing
Review: There are a number of errors in the book, thus making it very hard to get through. Additionally, I spoke to the publisher and there is NOT a second edition of this book available yet - so don't bother with the book. I was also surprised there is nowhere to get copies of the spreadsheets from on the web!!A note to Mr. Butler - please take a note from Scott Meyers or Bruce Eckel who publish errata web pages.
Rating: 
Summary: A very good book
Review: This book gives a practical dimension to understanding VaR. It is aimed at the introductory market and its Excel spreadsheets makes it very interactive. I would recommend it without hesitation
Rating: 
Summary: Easy comprehension
Review: This is what we often call "A cook book". It teaches us how to implement the risk valuation step by step.And it does provide a comprehensive way for us.But I still think the writer exclude the operaton risk and liquidity risk is a little....Since this is a dynamic world and there is a great possibility for us to face the extreme situation very often compared with the used-to- be.The LTCM is one of the case for the liquidity risk.So people have to think how should we cope with such a situation. Especially for the people who live the east Asia,we export the financial contraction,so the liquidity risk is one of the serious problem we would often face....So....This is still a great book....but perhaps the content is too little for us...
Rating:
Summary: good choice to start with. Lots of good examples
Review: very good book. With many examples, just to put in the spreedsheet
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