Here are the results of the long term strategy used by GVAL as compared to US equities over the last 20 years. This is particularly relevant when US equities are historically very expensive.
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Tax-Efficient Investing: How the Right Strategy Saves You Hundreds of Thousands
Effective compounding and tax minimization are not competing goals. They reinforce each other. The discipline that drives superior long-term compounding uses aggressive risk management to minimize drawdowns and so also
