Navigating Tax-Efficient Investments and AI's Impact

This chapter explores the differences in tax burdens between the U.S. and Germany, highlighting the U.S.'s progressive tax code and the importance of tailored tax-efficient investment strategies. It discusses the evolving landscape of asset management, emphasizing after-tax returns and diversification beyond equities, while critiquing traditional investment practices. Additionally, the chapter examines the transformative role of AI in finance, addressing both its potential for enhancing productivity and the challenges it poses to job security.