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.
- ISBN10 0691196095
- ISBN13 9780691196091
- Publish Date 17 September 2019 (first published 1 January 2015)
- Publish Status Active
- Publish Country US
- Imprint Princeton University Press
- Format Paperback (US Trade)
- Pages 368
- Language English
- URL https://press.princeton.edu/isbn/9780691196091