The article never explains - how is "tax-loss harvesting" different from simply "loss"? There is a paragraph saying that it's complicated [1], but nothing in terms of actual explanation.
[1] "Its experts there couldn’t get their heads around AQR’s innovation"
The article never explains - how is "tax-loss harvesting" different from simply "loss"? There is a paragraph saying that it's complicated [1], but nothing in terms of actual explanation.
[1] "Its experts there couldn’t get their heads around AQR’s innovation"