Title
Efficiently Inefficient: How Smart Money Invests And Market Prices Are Determined-used
Delivery time: 8-12 business days (International)
Financial Market Behavior And Key Trading Strategiesilluminated By Interviews With Top Hedge Fund Expertsefficiently 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 Realworld Examples And Interviews With Top Hedge Fund Managers To Show How Certain Trading Strategies Make Moneyand Why They Sometimes Don'T.Pedersen Views Markets As Neither Perfectly Efficient Nor Completely Inefficient. Rather, They Are Inefficient Enough That Money Managers Can Be Compensated For Their Costs Through The Profits Of Their Trading Strategies And Efficient Enough That The Profits After Costs Do Not Encourage Additional Active Investing. Understanding How To Trade In This Efficiently Inefficient Market Provides A New, Engaging Way To Learn Finance. Pedersen Analyzes How The Market Price Of Stocks And Bonds Can Differ From The Model Price, Leading To New Perspectives On The Relationship Between Trading Results And Finance Theory. He Explores Several Different Areas In Depthfundamental Tools For Investment Management, Equity Strategies, Macro Strategies, And Arbitrage Strategiesand He Looks At Such Diverse Topics As Portfolio Choice, Risk Management, Equity Valuation, And Yield Curve Logic. The Books Strategies Are Illuminated Further By 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 Effectively Demonstrates How Financial Markets Really Work.Free Problem Sets Are Available Online At Http://Www.Lhpedersen.Com
By changing our most important processes and
products, we have already made a big leap forward. This ranges from the
increased use of more sustainable fibers to the use of more
environmentally friendly printing processes to the development of
efficient waste management in our value chain.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
Related Products
You may also like
Frequently Asked Questions
- Q: What is the main focus of 'Efficiently Inefficient'? A: The book primarily focuses on financial market behavior and key trading strategies used by hedge funds, combining research with real-world examples and interviews with hedge fund managers.
- Q: Who is the author of 'Efficiently Inefficient'? A: The author is Lasse Heje Pedersen, a leading financial economist.
- Q: What are the key themes explored in the book? A: Key themes include trading strategies, market efficiency, risk management, equity valuation, and the relationship between trading results and finance theory.
- Q: When was 'Efficiently Inefficient' published? A: The book was published on April 13, 2015.
- Q: How many pages does the book have? A: The book contains 368 pages.
- Q: Is 'Efficiently Inefficient' suitable for beginners in finance? A: While the book provides insights valuable to all levels, it may be more beneficial for readers with some prior knowledge of finance concepts.
- Q: Does the book include real-world examples? A: Yes, it includes real-world examples and interviews with top hedge fund managers to illustrate the discussed strategies.
- Q: What type of binding does 'Efficiently Inefficient' have? A: The book is available in hardcover binding.
- Q: Are there any supplementary materials available for this book? A: Yes, free problem sets related to the book are available online at http://www.lhpedersen.com.
- Q: What condition is the book in when purchased? A: The book is available in new condition.