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TMT #11 - SPACs are Poppping!
Manage episode 331036773 series 3348058
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In this episode, I talk about my opinion on SPACs and why I didn't invest in them when they became popular several years ago. How does this affect the market today and why is the bubble popping? Going a bit into my understanding on fear of losing money and how that plays a role in human psychology.
SPACs Investopedia definition - A special purpose acquisition company (SPAC) is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) or the purpose of acquiring or merging with an existing company.
Disclaimer: This content is for entertainment and educational purposes only. These are strictly our opinion and do not reflect how the companies are run or managed. Please do your own research before investing.
Podcast: https://tsgpodcast2022.podbean.com
Youtube: https://www.youtube.com/watch?v=CO1xJllFpvo
Warren Buffett's Spac - https://www.youtube.com/watch?v=OkZgnO9ln3I
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