{"product_id":"efficiently-inefficient-how-smart-money-invests-and-market-prices-are-determined-9780691196091","title":"Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined","description":"\u003cp\u003e\u003cb\u003eFinancial market behavior and key trading strategies--illuminated by interviews with top hedge fund experts\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003ci\u003eEfficiently Inefficient\u003c\/i\u003e 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. \u003ci\u003eEfficiently Inefficient\u003c\/i\u003e reveals how financial markets really work.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eLasse Heje Pedersen\u003c\/b\u003e is a finance professor at Copenhagen Business School and New York University's Stern School of Business, and a principal at AQR Capital Management.\u003cbr\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":50648873599250,"sku":"9780691196091","price":27.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_be6576e7-b430-4c75-9f1b-72ab8cd48500.jpg?v=1733251499","url":"https:\/\/surprise-castle.myshopify.com\/products\/efficiently-inefficient-how-smart-money-invests-and-market-prices-are-determined-9780691196091","provider":"Surprise Castle","version":"1.0","type":"link"}