# "Efficiently Inefficient," by Lasse Pedersen, is named one of Business News Networks' top financial reads of 2015

1 Faculty News December 24, 2015 ![Business News Network logo](/sites/default/files/styles/246w/public/assets/images/bnn192x144.jpg?itok=8Lkqu5KS)>

Excerpt from [Business News Network](http://www.bnn.ca/News/2015/12/24/BNNs-top-financial-reads-of-2015-.aspx) -- "This finance professor at Stern School of Business (& others) & a principal at hedge fund AQR Capital, explains how markets work, detailing real life examples and why reality can be different from theory."

[Read more](http://www.bnn.ca/News/2015/12/24/BNNs-top-financial-reads-of-2015-.aspx)