
Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined
Price: ₹1,831.25
(as of Nov 25, 2025 19:27:29 UTC – Details)
Financial market behavior and key trading strategies―illuminated by interviews with top hedge fund experts
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 to show how certain tactics make money―and why they sometimes don’t. He explores equity strategies, macro strategies, and arbitrage strategies, and fundamental tools for portfolio choice, risk management, equity valuation, and yield curve trading. The book also features interviews with leading hedge fund managers: Lee Ainslie, Cliff Asness, Jim Chanos, Ken Griffin, David Harding, John Paulson, Myron Scholes, and George Soros. Efficiently Inefficient reveals how financial markets really work.
Publisher : Princeton University Press; Reprint edition (17 September 2019)
Language : English
Paperback : 368 pages
ISBN-10 : 0691196095
ISBN-13 : 978-0691196091
Item Weight : 726 g
Dimensions : 15.24 x 1.91 x 22.86 cm
Importer : Penguin Random House India Pvt Ltd
Packer : Penguin Random House India Pvt Ltd
Generic Name : Book
Best Sellers Rank: #192,260 in Books (See Top 100 in Books) #195 in Theory & Philosophy #5,982 in Analysis & Strategy
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