The Secret Ingredient To Managing Taxes
When it comes to designing portfolio management systems, we think plenty of asset managers and financial advisors think of the acronym as RRE, whereas we believe it has to be RRET: Return, Risk, Execution, AND Taxes.
Famous Strawmen: The Scarecrow & The Best 10 Days Rule
Managing risk while providing a more comfortable ride can give financial advisors an important moat in this increasingly competitive industry.
Hope Is a Strategy (Just Not a Good One)
Hope (as a verb) is a poor strategy for investing. Hope (as a noun) is the result of thoughtful design and consistent execution (i.e., having hope not AS a strategy but BECAUSE of your strategy).
