Pedersen, Lasse Heje
Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined
- ISBN 13:
- 9780691196091
- author:
- Pedersen, Lasse Heje
- format:
- Paperback / softback
- publisher:
- Princeton University Press
- language:
- English
- Publication Year:
- 2019
- Pages:
- 368
- Dimensions:
- 23.5 x 15.6 centimetres (0.58 kg
- Genre:
- Business, Economics, Theory,
- Condition:
- New
- Availability:
- Item usually sent within 4 working days
Description
Efficiently Inefficient explores the key trading strategies employed by hedge funds and demystifies the world of active investing. Lasse Heje Pedersen combines cutting-edge research with real-world examples and interviews with top hedge fund managers to reveal how certain approaches generate profits - and why others fail. By examining the successes and failures of these strategies, Pedersen sheds light on the underlying principles that drive market prices. This insightful analysis is based on the latest research and offers a unique perspective on the world of finance. Through its accessible and engaging approach, Efficiently Inefficient provides valuable insights for anyone interested in understanding how markets work and how to make informed investment decisions.