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Michael Strain discusses the importance of working in the best interests of clients in the investment industry. He highlights that the core moral issue is serving clients properly, referencing viewpoints by Clifford Asness.
Strain mentions that his firm uses the same pre-tax alpha models for both taxable and non-taxable investors, emphasizing equal treatment across investor types.
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Strain has previously commented on policy shifts affecting investors. He noted that the Inflation Reduction Act raised Medicare Part D costs for taxpayers. His recent remarks continue to focus on the practical impacts of financial decisions.