Efficiently Inefficient

This book is about the trading strategies used by sophisticated investors such as hedge funds. It shows how to implement the key trading strategies and explains why they work and why they sometimes don’t.1 The book also includes interviews with some of the best hedge fund managers, who successfully developed
and traded these strategies. Finally, looking through the lens of these trading strategies, the book shows how financial markets operate and how securities are priced in an efficiently inefficient way.