Different animals, but the rise of SPACs is reminiscent of the limited partnerships (movies, horses, real estate) of the late 20th century. Yes, you have a chance to make money, but only after a series of events that may or may not happen, and in some cases are undecided yet. I’ll take direct ownership.
Different animals, but the rise of SPACs is reminiscent of the limited partnerships (movies, horses, real estate) of the late 20th century. Yes, you have a chance to make money, but only after a series of events that may or may not happen, and in some cases are undecided yet. I’ll take direct ownership.