• Home
  • Shop
  • For higher education
  • Prints & Productions
  • Home
  • Shop
  • For business
  • For higher education
  • Prints & Productions
en
NL EN
All specialist areas Medical Literature and fiction Philosophy and religion History Economics Law, criminology and notaryship Linguistics Science and technology Travel, recreation and cooking Art and culture Psychology Education and teaching Politics and social sciences Veterinary Office supplies For Students Only
View all Show all results
results in specialist areas
View all results
Log in
0
Specialist area
  • Medical
  • Literature and fiction
  • Philosophy and religion
  • History
  • Economics
  • Law, criminology and notaryship
  • Linguistics
  • Science and technology
  • Travel, recreation and cooking
  • Art and culture
  • Psychology
  • Education and teaching
  • Politics and social sciences
  • Veterinary
  • Office supplies
  • For Students Only
Study materials
KU Leuven (Leuven en Heverlee) KULAK KUL Brugge Nabestellingen KU Leuven IIW De Nayer Universiteit Antwerpen Universiteit Gent
Acco share
Printservice Office supplies Shops Customer service About Acco
0
en
NL EN
Specialist area
  • Medical
  • Literature and fiction
  • Philosophy and religion
  • History
  • Economics
  • Law, criminology and notaryship
  • Linguistics
  • Science and technology
  • Travel, recreation and cooking
  • Art and culture
  • Psychology
  • Education and teaching
  • Politics and social sciences
  • Veterinary
  • Office supplies
  • For Students Only
Study materials
KU Leuven (Leuven en Heverlee) KULAK KUL Brugge Nabestellingen KU Leuven IIW De Nayer Universiteit Antwerpen Universiteit Gent
Acco share
Printservice Office supplies Shops Customer service About Acco
Home Efficiently Inefficient

Efficiently Inefficient

How Smart Money Invests and Market Prices Are Determined

Lasse Heje Pedersen
Finance and accountancy
Book
  • Efficiently Inefficient - 9780691196091
€24.40
Estimated time of delivery: plus 4 working days
  • with an Acco share you get a discount on Acco-titles, office supplies and selected titles.
Content

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.

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 depth—fundamental tools for investment management, equity strategies, macro strategies, and arbitrage strategies—and he looks at such diverse topics as portfolio choice, risk management, equity valuation, and yield curve logic. The book’s 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.

Specifications
Publisher
Princeton University Press
Publication date
August 6, 2019
Pages
368
ISBN
9780691196091
Format
Paperback

More titles in this specialist area

The Truth Machine
The Truth Machine
Paul Vigna Michael J. Casey
€18.00
This product is not available
The Truth Machine
The Future of the Euro
The Future of the Euro
Mark Blyth Matthias Matthijs
€29.00
This product is not available
The Future of the Euro
Taxation: A Very Short Introduction
Taxation: A Very Short Introduction
Stephen Smith
€10.99
This product is not available
Taxation: A Very Short Introduction
Banking: A Very Short Introduction
Banking: A Very Short Introduction
John Goddard John O. S. Wilson
€10.99
This product is not available
Banking: A Very Short Introduction
You Don't Have to Drive an Uber in Retirement
You Don't Have to Drive an Uber in Retirement
Marc Lichtenfeld
€28.94
This product is not available
You Don't Have to Drive an Uber in Retirement
Retirement Fail
Retirement Fail
Greg Sullivan
€28.94
This product is not available
Retirement Fail

Do you have a question?

Our customer service is happy to help. Consult our frequently asked questions or contact us.

This item is being added to your cart
This item has been added to your cart
To cart
Keep me informed
Your email address has been noted.
We will inform you when this item is available again.
facebook linkedin instagram

De Smidse
Sluisstraat 10
3000 Leuven

Map
  • Specialist area
  • Study materials
  • Acco share
  • Shops
  • Office supplies
  • Customer service
  • About Acco
  • Jobs

Newsletter

Stay informed with the latest news from Acco

Stay up-to-date with our latest news. You can read more about how we process your data in our privacy policy.
Acco • Terms and conditions • Privacy policy • Cookie settings
You need a code for this download
Your code is incorrect.
Log in
Forgot your password?
Not registered yet?

Create an account to buy or link an Acco share and buy your books and supplies at reduced rates.

Sign up