14 use cases for tax-aware long/short strategies

It goes far beyond offsetting short-term capital gains

I’m reading Moneyball again

At one point, Bill James, baseball analytics guru, says something about “diverse expressions,” and the context doesn’t matter¹, but it made me think that tax-aware long/short strategies also have diverse expressions.

So, I caught up with my pal, Andy Pratt, who actually does this work at Burney Wealth, and we talked about an interesting case: De-risking into retirement.

Tax-aware long/short use cases

Here’s the list, which just keeps accruing as I speak with more advisers.

Have a use case not listed below… tell me!

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My dog Ace died on Memorial Day

I miss him.

He had less than 48 hours after this photo

As recently as Saturday, Ace was a normal part of my life. If I spoke with you recently, there’s a chance Ace was right there at my feet.

In this photo, he’s helping me troll Tropicana (“a 46-oz bottle of OJ?! Next will be the 5-beer six-pack,” I joked to my wife, who rightly rolled her eyes).

But now he’s gone.

Hug your dog for me.

Thanks for reading.

1. I will use literally *any* excuse to talk about baseball.