Notes from HGC

Recently, I was speaking with one of our research analysts in the office when the conversation turned from markets and securities to a more personal question: what should someone who studies investments for a living do with their own wealth? It was a useful reminder that technical knowledge, while valuable, is not the same as having a complete financial plan.

Elevating Tax-Loss Harvesting Strategies A sophisticated strategy designed to help clients manage tax exposure on highly appreciated assets Tax-loss harvesting involves selling investments at a loss to offset taxes owed on gains realized elsewhere in a portfolio.

The Myth of “Coffee Can” Investing I recently listened to a podcast discussing an approach often referred to as “Coffee Can Investing.” The idea is simple and appealing: an investor conducts extensive research, identifies a handful of exceptional companies capable of compounding revenues and earnings at above-average rates for decades, purchases the stocks, and then effectively forgets about them—figuratively burying them in a coffee can in the backyard. Proponents