Principle 1

After tax, or it does not count.

Principle 2

Arithmetic you can redo yourself.

Principle 3

A source on every number.

The company

  • BuildsA tax-aware stock strategy that harvests losses position by position. In development.
  • PublishesInvesting methods ranked by what they are worth after tax, with the sources.
  • ForInvestors with taxable accounts, and the advisers who serve them.
  • StanceNo securities views, no market commentary. Education, not advice.
  • TeamFounded by Li Liang after fifteen years in systematic investment research.

Stay in touch

One email per published article