Are SPACs Expensive? Don't Believe Everything You Hear...
Anyone listening to financial media as much as I do has certainly heard someone say, "SPACs are overpriced." They think these instruments are expensive. But what does that mean? Is it even possible for a SPAC to be expensive when most are trading within 10% of their net asset value?
Listen to find out my thoughts.
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0:00 Intro
0:45 Beer Talk
2:00 Misconstruing
3:00 Metamorphosis Explained
6:00 Are Former SPACs Expensive?
9:00 Are Real SPACs Expensive?