3min chapter

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#57: Asif Suria On The Virtues Of Event-Driven Investing

Superinvestors and the Art of Worldly Wisdom

CHAPTER

How to Identify Short Selling Opportunities With SPACs

There are different opportunities with SPACs as you mentioned. You could buy SPAC when it's announced and you could pick up warrants for free if you will. Then once the SPAC finds an operating business to merge into, you can choose to move for the deal or decide to get your $10 back and you get to keep the warrants for free. After the actual merger happens with an operating company, what people have found is most of these drop quite dramatically,. If you will.

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