taxable money
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 17, 2017 by Jenny Heller · across every show →
Everything said about taxable money, oldest first
May 17, 2017
Redeeming taxable investments leaves only 75 to 80 cents per dollar
“We are managing taxable money, and that means that the cost of wrong decisions is really high, because if we redeem from a manager, we're often reinvesting a 75 or eighty-cent dollar, so that means that the next manager has to be that much better.”