Wes Gray - Tax Efficient Cash Mangement with BOXX, creating an ETF, and more

Wes Gray, the Alpha Architect himself, stops by the Business Brew to discuss how he (a) created the ETF $BOXX, (b) helps people start their own ETFs, (c) why value and momentum work as factors, and much more.
This episode is a quick release after Corey Hoffstein's. It may or may not be the only episode we release for the next 13 days or so.
The release cadence is influenced by the amount of press BOXX has been getting. We hope to add to your understanding. As always, do your due diligence!
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[@cole6167]

What a valuable conversation! This is a perspective most individual participants don't get access to

[@ForwardThinkingIncome]

The tax reason is why I'm watching this video. BOXX is interesting to stash cash in between my moves.

[@cole6167]

6:20 no surprise he correctly describes the box as two synthetic shares/futures spreads and not two vertical spreads!

[@TheSimArchitect]

I am really excited with BOXX but I am wondering what happens if too many people decide to cash out of the ETF too quickly or if there's sharp fluctuations on the risk free rate. Wouldn't we have problems with the spreads? Who pays for it? The ones cashing out or the ones holding the fund after an exodus? Any provision to protect investors that might prefer to hold the ETF until those options expire, therefore giving us the same risk profile as if we placed those option trades manually, or are we exposing ourselves to a risk of the fund losing money from a liquidity problem?

[@whodidit99]

Great for those with carryforward losses - tax free withdrawals from BOXX.

[@vvwvvwvv]

I agree with what Wes said about the entrepreneur lifestyle being too risky. I don’t regret it because life turned out great but it definitely took some years off of my life. 😂