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yes, agree with ls... I'm reading the handbook these couple of days... it is really quantatitive. and one thing that i found is that the handbook is not a good textbook for risk management models... it discusses in detail the model without explaining what the model is... to this extent, i think it is a bit confusing.
anyway, leveraging the model section knowledge gained from FRM part I, i think i can still handle the material. but if a person without any risk management background reading the material, i think s/he would find the material to be very confusing and very challenging to understand.
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