Copyright © 2015 by Princeton University Press
Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540 In the United Kingdom: Princeton University Press, 6 Oxford Street, Woodstock, Oxfordshire OX20 1TW
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Library of Congress Cataloging-in-Publication Data
Pedersen, Lasse Heje.
Efficiently inefficient : how smart money invests and market prices are determined / Lasse Heje Pedersen.
pages cm
Includes bibliographical references and index.
ISBN 978-0-691-16619-3 (hardcover : alk. paper) 1. Investment analysis. 2. Investments. 3. Portfolio management. 4. Capital market. 5. Securities—Prices. 6. Liquidity (Economics) I. Title.
HG4529.P425 2015
332.6—dc23
2014037791
British Library Cataloging-in-Publication Data is available
This book has been composed in Sabon Next LT Pro and DINPro
Printed on acid-free paper. ∞
Printed in the United States of America
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