MI156: Masterclass on SPACs w/ David Sherman

IN THIS EPISODE, YOU’LL LEARN:  

01:52 - What SPACs are and how they work. 09:16 - Why some companies would prefer to IPO through a SPAC rather than the traditional IPO process. 19:27 - Why the incentive structure of the SPAC IPO process is sub-optimal. 31:09 - How pre-merger SPACs offer an interest risk/return profile. 49:21 - David’s thoughts on the overall current market environment. And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

EPISODE RESOURCES

Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. Check out CrossingBridge Advisors. CrossingBridge’s SPAC Videos & Pre-Merger SPAC ETF. SPACinformer.com. Related episode: MI086: SPACs And Electric Vehicles w/ Peter Cuneo And Avinash Rugoobur. Related episode: TIP381: High Yield Masterclass w/ David Sherman. Get a FREE audiobook from Audible. Check out our Investing Starter Packs about business and finance. Support our free podcast by supporting our sponsors.  Find Pros & Fair Pricing for Any Home Project for Free with Angi. Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples! Join Commonstock’s community of engaged investors to access exclusive financial data, follow and chat with fellow investors, get alerts when friends buy or sell, and make trades directly through the platform. Now, not only the wealthy can afford collectibles! Enter Otis, an investment platform that makes it possible for almost anyone to invest in shares of cultural assets. Sign up now at withotis.com/TIP to get your first share for FREE! Invest in crypto and trade it without tax headaches with AltoIRA. Make documents, ask a lawyer your legal questions, and sign contracts on the go with Rocket Lawyer. Canada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business. Get insights on how to plan for your financial goals with The Globe and Mail. Listeners get a special digital subscription rate for unrestricted access to everything. The interval fund, a breakthrough innovation. Only at Mackenzie.

Read this episode’s transcript and full show notes on our website.

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