Thread: Side Hustle
View Single Post
Old 02-27-2021, 10:20 PM
  #714  
FSF17
Furlough Fodder
 
FSF17's Avatar
 
Joined APC: Aug 2013
Position: 320A
Posts: 117
Default

Originally Posted by DeltaboundRedux View Post
For a good primer on SPACs, and why they're probably a very, very bad idea, head on over to Matt Tiabbi's substack and read this.

https://taibbi.substack.com/p/financ...ictionary-spac
Buy SPACs at or near NAV and there’s very little risk. Buy a SPAC at 5x NAV, and it’s probably a bad idea.

Show me a SPAC with a good team for ~$10.50 per unit, and I’m in.
FSF17 is offline