Tax authority - investment risk

Tax authority says: Put the money in taxable account can help you lower the after-tax return volatility. We share the investment risk with investor.

Is above statement correct?

This is what they want you to believe. They say, as your earnings are reduced by T, your Volatility would be reduced as well. However, the conventional, unconventional, smartass and dumbass wisdom says: gimme back that T value and I’ll do with it what I wanna do.

This is just a Jedi trick that works on the weak minded.

I believe it was Thomas Jefferson who once said: I pity the fool

the volatility is just relatively lower than exempt accounts. But on absolutely way it will be the same

Thanks, but better after-tax return sharpe ratio! Alought it seldom uses after-tax return…