The SPAC Sector; A Short Seller’s Confessions
Whitney Tilson’s email to investors discussing the SPAC sector; stunning confessions of a short seller; Wirecard: a record of deception, disarray, and mismanagement; runaway house prices. Q1 2021 hedge fund letters, conferences and more In Defense Of The SPAC Sector1) Special purpose acquisition companies ("SPACs") have been getting hammered recently, but I don't think they're going away – nor should they. Professor Steven Davidoff Solomon from the School of Law at the University of California, Berkeley agrees, as he writes in this New York Times column: In defense of SPACs. Excerpt: After the...