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DewDiligence

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DewDiligence

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Re: bladerunner1717 post# 214728

Tuesday, 11/14/2017 2:38:25 PM

Tuesday, November 14, 2017 2:38:25 PM

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The Senate’s tax-reform bill mandates that stockholdings be sold in FIFO* order; this is a very consequential change for investments in taxable accounts:

https://www.wsj.com/articles/americas-fund-companies-argue-proposed-tax-change-will-cost-investors-1510679698

There may be an unintended workaround—I'll make that a quiz.

*First In/First Out (i.e. oldest shares first).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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