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Pedersen, Lasse Heje

Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined - New Jersey Princeton University Press 2015 - 348p

Part I: Active Investment
1. Understanding Hedge Funds and Other Smart Money
2. Evaluating Trading Strategies: Performance Measures
3. Finding and Backtesting Strategies: Profiting in Efficiently Inefficient Markets
4. Portfolio Construction and Risk Management
5. Trading and Financing a Strategy: Market and Funding Liquidity

Part II: Equity Strategies
6. Introduction to Equity Valuation and Investing
7. Discretionary Equity Investing
Interview with Lee S. Ainslie III of Maverick Capital
8. Dedicated Short Bias
Interview with James Chanos of Kynikos Associates
9. Quantitative Equity Investing
Interview with Cliff Asness of AQR Capital Management

Part III: Asset Allocation and Macro Strategies
10. Introduction to Asset Allocation: The Returns to the Major Asset Classes
11. Global Macro Investing
Interview with George Soros of Soros Fund Management
12. Managed Futures: Trend-Following Investing
Interview with David Harding of Winton Capital Management

Part IV: Arbitrage Strategies
13. Introduction to Arbitrage Pricing and Trading
14. Fixed-Income Arbitrage
Interview with Nobel Laureate Myron Scholes
15. Convertible Bond Arbitrage
Interview with Ken Griffin of Citadel
16. Event-Driven Investments
Interview with John A. Paulson of Paulson & Co.

ISBN: 9780691166193

Subjects--Personal Names:
Capital Market
Investment Analysis
Portfolio Management
Securities - Prices

Dewey Class. No.: 332.6 / PED