# Professor Lasse Pedersen discusses his new book, "Efficiently Inefficient"

1 Faculty News June 26, 2015 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](http://video.cnbc.com/gallery/?video=3000391884) -- "There are risks and even if you have everything right, the market could still move further against you. There are opportunities, but there are certainly also risks... and when I talked to these famous investors, they'll all say that luck is part of the game. Certainly over the short term or the long run, you can try to set yourself up to really exploit these opportunities."

[Watch the video](http://video.cnbc.com/gallery/?video=3000391884)