5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP520: Investing Through Post-bubble Markets w/ Jamie Catherwood

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Custom Indexing

O'Shaughnessy Asset Management has developed a tool called Canvas. It allows investors to create their own index using single stocks instead of just an S&P 500 ETF. The company says that by owning the individual stocks, you can also do a lot of tax loss harvesting. From January 1st to June 30th, 2022, we harvested losses 6,000 times across our Canvas accounts and generated $100 million in net losses. That led to on average 170 basis points in tax alpha forOur Canvas accounts.

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