Jorion's book

[narayananvenkat]

Hi david..

I find there are two books by Jorion found in prescribed readings.

1.Vale at risk 3rd edition

2.Value at risk: Thw New Benchmark........

which is the one we should possess. Are the two same?

Thanks
venkat

 

[David Harper CFA FRM]

Hi venkat,

Yes, the two are the same in the assigned readings. However, there are two different "Jorion texts":

1. Jorion's: Value-at-risk : The New Benchmark..., 3rd Edition. See http://www.bionicturtle.com/learn/article/value_at_risk_3rd_edition_book_review/
This is an essential text in FRM. Many chapters are assigned.

2. Jorion's FRM Handbook 4th Edition (current) and 5th Edition (to be published)
This is an optional text.

David