# 296: Understanding Leverage, Short Selling, and Active Trading in Tax-Aware Long-Short Strategies (Part 2 of 2) Page: https://stenobird.com/podcast/love-your-money-wealth-money-and-financial-advisor-for-women-1366769/296-understanding-leverage-short-selling-and-active-trading-in-tax-aware-long-short-strategies-part-2-of-2 Text version: https://stenobird.com/podcast/love-your-money-wealth-money-and-financial-advisor-for-women-1366769/296-understanding-leverage-short-selling-and-active-trading-in-tax-aware-long-short-strategies-part-2-of-2.md Podcast: [Love, your Money - Wealth, Money, and Financial Advisor for Women](https://stenobird.com/podcast/love-your-money-wealth-money-and-financial-advisor-for-women-1366769) Published: 2025-09-23T09:00:00+00:00 Episode link: https://hendershottwealth.com/podcast/tax-aware-long-short-strategies-pt2 Audio file: https://www.buzzsprout.com/2266808/episodes/17863835-296-understanding-leverage-short-selling-and-active-trading-in-tax-aware-long-short-strategies-part-2-of-2.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/love-your-money-wealth-money-and-financial-advisor-for-women-1366769/episodes/296-understanding-leverage-short-selling-and-active-trading-in-tax-aware-long-short-strategies-part-2-of-2 Duration seconds: 1385 ## Resource In our last episode, Hilary pulled back the curtain on tools many investors are taught to fear—like leverage, short selling, and active trading—and how, when used wisely, they can produce tax alpha: higher net returns that come from smart tax planning, not investment performance alone. If you left part one wondering, “Doesn’t this mean lots of trading and market timing? And hasn’t Hilary always said market timing underperforms index funds?”—this episode is for you. Because while active tradin... ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/love-your-money-wealth-money-and-financial-advisor-for-women-1366769/episodes/296-understanding-leverage-short-selling-and-active-trading-in-tax-aware-long-short-strategies-part-2-of-2/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/love-your-money-wealth-money-and-financial-advisor-for-women-1366769/296-understanding-leverage-short-selling-and-active-trading-in-tax-aware-long-short-strategies-part-2-of-2.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.