The latest episode of The Albatross is about covered call writing, qualified covered calls, straddles and qualified dividends and it's going to be fine. Listen in...
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Ironically, the biggest differentiator in tax-aware long/short managers is their pre-tax alpha models. That's the secret sauce. The tax stuff is mechanical.
Get up to speed with tax-aware long/short.
I write "ironically" because many, erroneously, think of tax-aware long/short as purely about tax-loss harvesting, while that's missing the (substantially) bigger picture.
If you care about the bigger picture, I'm doing a webinar with my pals at Burney Advisory Services on the latest in tax-aware long/short tomorrow. Register here (there's CE credit).
The thing separating tax-aware long/short managers (see my updated market map below) is... alpha. The pre-tax kind.
Yes, there are little differences... like what they'll accept as collateral, if they use shorts as a "soft hedge," if they can get better financing rates, whether they use the LLC or LP for fund-of-one wrapper, etc. These thing matters, but they're just on the periphery of the core thing.
Alpha.
But the pursuit of alpha cuts two ways...