HF Tools

I'm Studying CFA and majored in Finance as well. I work in Finance but not in the Front Office investment side.

What finance theories do you use in practice at HFs? (1) Do you download historical stock prices, run stats, create frequency distributions, test hypotheses? (2) Do you ignore Efficient Markets Hypothesis? (3) Use traditional HF approaches ex long / short, merger, event driven? (4) CAPM?

I get the feeling from reading around posts here that there's a big disconnect between theory vs practice. I'm a lot more concerned about practical application vs just passing the CFA.Thanks.

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