Magic Markets #16: SPAC Attack

Episode 16 March 11, 2021 00:24:56
Magic Markets #16: SPAC Attack
Magic Markets
Magic Markets #16: SPAC Attack

Mar 11 2021 | 00:24:56

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Show Notes

The Finance Ghost and Mohammed Nalla (Moe-Knows) have an in-depth discussion on the SPAC (Special Purpose Acquisition Company) phenomenon in the US markets.

The concept of a SPAC has been around in South Africa for several years but only a few companies came to market in this way. In contrast, the US market is now crawling with SPACs.

Are they good investments or do the risks outweigh the rewards?

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