I was in Manhattan a couple of weeks ago recording a podcast with WSJ's Miriam Gottfried and Telis Demos about tax-aware long/short.
Here's the full episode.
This followed a visual article Miriam and Peter Santilli wrote a couple of months ago.
Their article is a great intro to the mechanics of tax-aware long/short. The podcast recaps some of the mechanics, but it's a lot easier to speak than write, so the podcast allowed me to expand and put this moment in perspective.
Why is tax-aware long/short a thing? And why now?