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Burton Malkiel - Applying 'A Random Walk' to the World Today | #483

The Meb Faber Show - Better Investing

CHAPTER

The Importance of Having an Alpha

Instead of buying all 500 stocks, a computer program could select 250 and optimize the tracking error. This gives you a tax loss that you can use to offset other gains or losses. Up to $3,000 can be deducted from your income taxes. It's always been available for wealthy investors but wealth front since it's automated is able to do this.

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