In this episode, Scott Stewart, CFA, discusses main elements of portfolio shortfall and transaction costs and the impact of rising tax rates.
Scott Stewart, CFA, discusses the main elements of portfolio shortfall and transaction costs, the interaction between security correlation and portfolio rebalancing, and the impact of rising tax rates. See also an excerpt from Chapter 12 of the book, Running Money: Professional Portfolio Management.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.