I love listening to these and hearing your process. As you said, I'm not looking for the answer. I want to know how YOU came up with your theories and hypotheses. Please continue this format.
For the next Q&A...Can someone help me understand why ETF's are tax efficient? Is it because an index-replicating strategy would result in capital gains due to the rebalancing of the index? And how come mutual funds are nót tax efficient?