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.
All content for Investing Insights for the Modern Investor is the property of 3Summit Investment Management and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
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 6: How to Make Millions Speculating In Stocks
Investing Insights for the Modern Investor
28 minutes 57 seconds
6 years ago
Episode 6: How to Make Millions Speculating In Stocks
In this Episode we show you how an investor could have turned $300,000 into $272,000,000, why you should not try and do that yourself, and if you must speculate in the stock market, how to maximize your already low odds of success.
Join Dan as he discusses how to speculate in stocks.
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.