Diversification vs. "lottery ticket"DFA showed that diversification outperforms most of the time.Brent SullivanJul 25, 2025∙ Paid1ShareWhat I’m reading…Bloomberg: ‘Black Holes for Capital Gains’: New Tax Trick Takes Off in ETFsAlpha Architect: AAUS launches with $445 million via a 351 ExchangeDFA: Addressing Concentrated Stock Positions in Client PortfoliosBlackRock: Loss harvesting strategies tax efficiently diversify concentrated stockAQR: A Brief Guide to Pricing and Taxation of Var…This post is for paid subscribersSubscribeAlready a paid subscriber? Sign in
