In this episode we cover dig into the latest investment craze...SPACs. Special Purpose Acquisition Companies (“SPACs”) are extremely complex and have historically been highly efficient wealth destroyers for retail investors. Complexity obfuscates the risks and costs investors will bear.
If you are thinking of investing in a complex structured deal like a SPAC and you are wondering who is most likely to bear the greatest risk and costs, it is probably you. The richest people on Wall Street are not necessarily the best investors, but the best deal makers. They are experts at structuring heads I win, tails you lose deals, where the financial success of their investors has little to no bearing on their own financial rewards.
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In this episode we cover dig into the latest investment craze...SPACs. Special Purpose Acquisition Companies (“SPACs”) are extremely complex and have historically been highly efficient wealth destroyers for retail investors. Complexity obfuscates the risks and costs investors will bear.
If you are thinking of investing in a complex structured deal like a SPAC and you are wondering who is most likely to bear the greatest risk and costs, it is probably you. The richest people on Wall Street are not necessarily the best investors, but the best deal makers. They are experts at structuring heads I win, tails you lose deals, where the financial success of their investors has little to no bearing on their own financial rewards.
Episode 5: The Agony and Ecstacy - But Mainly Agnony of Great Investing
Investing Insights for the Modern Investor
36 minutes 30 seconds
6 years ago
Episode 5: The Agony and Ecstacy - But Mainly Agnony of Great Investing
Would you like to have the opportunity to improve your long-term investment performance by 20%, 30% and maybe even more than 50%? This magnitude of performance improvement is possible and how it can be achieved has absolutely nothing to do with picking better investments or finding the next hot stock. These gains in investment performance can be realized in the difference between being an ordinary investor and a GREAT investor.
Investing Insights for the Modern Investor
In this episode we cover dig into the latest investment craze...SPACs. Special Purpose Acquisition Companies (“SPACs”) are extremely complex and have historically been highly efficient wealth destroyers for retail investors. Complexity obfuscates the risks and costs investors will bear.
If you are thinking of investing in a complex structured deal like a SPAC and you are wondering who is most likely to bear the greatest risk and costs, it is probably you. The richest people on Wall Street are not necessarily the best investors, but the best deal makers. They are experts at structuring heads I win, tails you lose deals, where the financial success of their investors has little to no bearing on their own financial rewards.
