Jame has written many times about ip os and spacks of course, are just an alternative way of doing an ipo. A spack is what we used to call a blank check company. And before that, they were called blind pools. We can certainly document them during the south sea bubble. Nobody really wants to get rich quick. There's no fun in getting rich slowly. And certainly there's no bragging rights in it if somebody else gets rich faster than you.

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