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ETF 'heartbeats'

Posted: Sun Mar 31, 2019 12:56 pm
by BadHorse
Seems part of the success of ETFs in the US is due to a tax dodge (heartbeat trades):
https://www.bloomberg.com/graphics/2019 ... s-save-big

Would that apply to ETFs only, or could funds like Berkshire do something similar?
It's interesting if active management gets penalized by the tax system,