How to find the most promising SPACs and dodge the hidden dangers
Yahoo! Finance
Investing great Charlie Munger thinks the world would be better off without SPACs, saying this week that “this kind of crazy speculation” is a sign of an “irritating bubble.” SPACs have a lot of pitfalls, as I wrote about here. Here is a guide to what to look for in SPACs, or special purpose acquisition companies, which are known as blank-check companies that come public with the intention of merging real companies into them.
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