Seminar 217, Risk Management: The Tax-Loss Harvesting Life Cycle: A 43-Year Retrospective of Equity Indexing Strategies for Taxable Investors

Seminar | January 17 | 11 a.m.-1 p.m. | 639 Evans Hall

 Speaker: Lisa Goldberg (joint with Pete Hand & Alan Cummings), UC Berkeley & Aperio Group

 Center for Risk Management Research

Tax-loss harvesting aims to realize losses on individual stocks in conjunction with an investment objective such as index tracking. In this talk, we give a historical appraisal of the value of tax-loss harvesting to taxable investors with realized gains in their portfolios. Our study provides insight into the lifecycle of a tax-loss harvesting strategy, which has its youth, midlife, and golden years.