If we are to look at the shear volume of the filings of SPACs and trend along with the past entries and results, then it would seem that the ones filing with their sole purpose and assumptions of profitability (and the power that they hold to make that happen), that the least risk is theirs. Which makes the most risk somewhere else.
“The markets can remain irrational longer than you can remain solvent.” John Maynard Keynes
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