A new approach to investing called direct or custom indexing effectively lets investors own stocks but with some special enhancements, such as capturing tax alpha. In other words, you get some of an ETF's charm without the ETF. For investors interested in potentially taking a portfolio to the next level, this is a new tool for the toolbox.  

On this episode, Eric and Joel speak with Patrick O'Shaughnessy, CEO of O'Shaughnessy Asset Management and host of the podcast Invest Like the Best, about the pros and cons of custom indexing, how it differs from direct indexing and ETFs, and also how the tax alpha is achieved. They also discuss O'Shaughnessy's career, favorite philosophers, and, well, podcasting. 

A new approach to investing called direct or custom indexing effectively lets investors own stocks but with some special enhancements, such as capturing tax alpha. In other words, you get some of an ETF's charm without the ETF. For investors interested in potentially taking a portfolio to the next level, this is a new tool for the toolbox.  
On this episode, Eric and Joel speak with Patrick O'Shaughnessy, CEO of O'Shaughnessy Asset Management and host of the podcast Invest Like the Best, about the pros and cons of custom indexing, how it differs from direct indexing and ETFs, and also how the tax alpha is achieved. They also discuss O'Shaughnessy's career, favorite philosophers, and, well, podcasting.

Money goes where it’s treated best. That simple truth is a big reason why more and more money (trillions, in fact) flows into a powerful, low-cost tool that’s quietly transformed investing. Exchange-traded funds let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and hopefully delight you in the process.

Money goes where it&rsquo;s treated best. That simple truth is a big reason why more and more money (trillions, in fact) flows into a powerful, low-cost tool that&rsquo;s quietly transformed investing. Exchange-traded funds let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them&mdash;and hopefully delight you in the process.

Joel Weber and Eric Balchunas demystify the world of exchange-traded funds, or ETFs.

Trillions

The Case for Custom Indexing

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/04ccf4bb-f769-41a4-a809-af020156260a/transcript

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