Playing The SPAC Craze With ETFs
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Description
2020 was the year of the SPAC, with money raised through "blank check" companies outpacing traditional IPOs for the first time. With so many SPACs listing, finding the right ones to invest in them can be an often-times confusing and overwhelming process. Sifting the World's Chris DeMuth Jr. has been investing in SPACs, through the hedge fund he founded, Rangeley Capital, for more than a decade. In the latest episode of Let's Talk ETFs, DeMuth and host Jonathan Liss take investors through the SPAC "alphabet", going under the hood of each of the three currently available SPAC ETFs. Show Notes 3:00 - What are SPACs and why are they so hot right now? 10:00 - Chris' early and ongoing involvement with SPACs 12:30 - Specifics of the SPAC structure 16:45 - The case of DraftKings, the third most successful SPAC listing of all time 26:30 - Chris' favorite SPAC ETF 43:45 - What's an individual SPAC Chris is currently excited about? 50:00 - Sifting the World: Chris' investing process Learn more about your ad choices. Visit megaphone.fm/adchoices
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