Saturday, March 06, 2021 12:31:11 AM
I have my doubts about SPAC's.
"critics have asked questions about a possible misalignment of incentives by SPAC promoters"
" A two-year study ended January by JP Morgan Asset Management https://bit.ly/3kUZx19 showed SPAC sponsors earned returns of 958% on average, compared to an average gross return of just 90% for "buy and hold" SPAC investors."
https://money.usnews.com/investing/news/articles/2021-03-05/wall-streets-spac-sell-off-drags-on-amid-fears-of-a-bubble
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