，以抵消其他地方的收益，并减少应向美国国税局缴纳的税款。
“Tax alpha”, America’s hottest investment strategy, often means creating losses to set against gains elsewhere and to reduce what is due to the IRS.
长期以来，它一直是超级富豪投资组合中的特色，但如今已变得更加普遍。插图：Satoshi Kambayashi
It has long featured in the richest investors’ portfolios, but has become more widespread Illustration: Satoshi Kambayashi