Wes Gray: Optimizing for After-Tax Returns скачать в хорошем качестве

Wes Gray: Optimizing for After-Tax Returns

Tax Efficiency Strategies with Alpha Architect's Wes Gray In this episode, we welcome Wes Gray, founder and CEO of Alpha Architects, who delves into advanced tax efficiency strategies for investors with both diversified and concentrated portfolios. Gray offers insights into Section 351 contributions, exchange funds, market-neutral tax loss harvesting, and the utility of box spreads to maximize after-tax returns. With a backdrop discussion about market trends and capital formation, Gray also touches on efficient collateral use and the intricacies of tax structuring in various financial products. This conversation is a goldmine for understanding how to reduce tax liabilities while maintaining portfolio growth, complete with examples and practical advice. 00:00 Introduction to Tax Efficient Strategies 00:43 Catch Up with Wes Gray 01:35 Wes Gray's Background and Business Ventures 02:32 Living a Balanced Life in the Caribbean 03:44 Focus on Tax Optimization 08:05 Understanding Section 351 17:34 Exchange Funds and Market Neutral Strategies 28:30 Mechanics of Tax Assets and Market Neutral Strategies 33:09 Navigating Sector Rotations and Volatility 34:11 Short-Term vs Long-Term Capital Gains 34:51 Simulating Tax Outcomes 36:06 The Inevitability of Taxes 36:22 Strategies for Managing Tax Liabilities 40:10 Borrowing Against Stock Positions 40:56 Tax Efficiency in Investment Strategies 43:21 Overlay Strategies and Tax Alpha 53:29 Challenges in Market Neutral Strategies 55:01 Exploring Box Spreads and Tax Efficiency 01:01:03 Concluding Thoughts and Future Plans This is "ReSolve's Riffs" – published on YouTube Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick, and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management Inc. ================ ADAPTIVE STRATEGIES DESIGNED TO ELEVATE TRADITIONAL PORTFOLIOS ReSolve is an alternative asset manager which focuses on providing cutting-edge, globally-diversified, and systematic investment strategies that are non-correlated to traditional portfolios. We manage private and public funds as well as bespoke separately managed accounts for investors seeking the potential to smooth out portfolio returns. Check our Strategies pages: RESOLVE EVOLUTION MULTI-STRATEGY FUTURES PROGRAM: pure alpha designed to zig when traditional portfolio’s zag. Our flagship Systematic Global Macro program aims to have zero long-term correlation to global equities and bonds at a similar volatility to global equity markets. https://investresolve.com/strategies/... ADAPTIVE ASSET ALLOCATION FUTURES PROGRAM: Combining our best beta and best alpha strategies to create an all-terrain portfolio https://investresolve.com/strategies/... RETURN STACKING FOR IDLE MONEY: Putting your lazy money to work. Bespoke mandates that utilize idle capital to stack ReSolve’s diversifying strategies on top. https://investresolve.com/strategies/... RETURN STACKED ETFs: Unlocking the benefits of diversification by aiming to layer one investment return on top of another, achieving more than $1 of exposure for each $1 invested https://investresolve.com/strategies/... For our latest research insights and exclusive content visit our website! Blog Articles: https://investresolve.com/blog/ Featured Research Papers: https://investresolve.com/research/ Webinars: https://investresolve.com/media-center/ Podcasts: https://investresolve.com/podcasts/ ================ *ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association ("NFA"). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.