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how smart money invests and market prices are determined

"Efficiently inefficient" was published by Princeton University Press in 2015 - nju, it has 348 pages and the language of the book is English.


“Efficiently inefficient” Metadata:

  • Title: Efficiently inefficient
  • Author:
  • Language: English
  • Number of Pages: 348
  • Publisher: Princeton University Press
  • Publish Date:
  • Publish Location: nju

“Efficiently inefficient” Subjects and Themes:

Edition Specifications:

  • Pagination: xiv, 348 pages

Edition Identifiers:

AI-generated Review of “Efficiently inefficient”:


"Efficiently inefficient" Table Of Contents:

  • 1- Part I: Active investment
  • 2- Understanding hedge funds and other smart money
  • 3- Evaluating trading strategies: Performance measures
  • 4- Finding and backtesting strategies: Profiting in efficiently inefficient markets
  • 5- Portfolio construction and risk management
  • 6- Trading and financing a strategy: Market and funding liquidity
  • 7- Part II: Equity strategies
  • 8- Introduction to equity valuation and investing
  • 9- Discretionary equity investing
  • 10- Dedicated short bias
  • 11- Quantitative equity investing
  • 12- Part III: Asset allocation and macro strategies
  • 13- Introduction to asset allocation: The returns to the major asset classes
  • 14- Global macro investing
  • 15- Managed futures: Trend-following investing interview with David Harding of Winton capital management
  • 16- Part IV: Aritrage strategies
  • 17- Introduction to arbitrage pricing and trading
  • 18- Fixed-income arbitrage
  • 19- Convertible bond arbitrage
  • 20- Event-driven investments.

"Efficiently inefficient" Description:

The Open Library:

Efficiently Inefficient describes the key trading strategies used by hedge funds and demystifies the secret world of active investing. Leading financial economist Lasse Heje Pedersen combines the latest research with real-world examples and interviews with top hedge fund managers to show how certain trading strategies make money - and why they sometimes don't. -- from back cover.

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