tax-loss harvest

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Nov 3, 2023 by Chamath Palihapitiya · across every show →

Everything said about tax-loss harvest, oldest first

Nov 3, 2023 bullish
Insight
Chamath: Mutual fund fiscal year-end tax-loss harvesting drives November market rallies
“The end of the fiscal year for mutual funds was October 31st, and so there was a lot of selling going into October 31 just to capitalize tax losses and Tax lost harvest, but that leaves them with a lot of cash. And so starting November first, which is day one …”
Chamath Palihapitiya Nov 3, 2023 ▶ 17:23 E152: Real estate chaos, WeWork bankruptcy, Biden regulates AI, Ukraine's “Cronkite Moment” & more
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