4min chapter

Forward Guidance cover image

The Most Misunderstood Asset Class Of All Time | Louis Camhi

Forward Guidance

CHAPTER

The SPAC World's Investment Base

Lewis: What does it mean if 90 percent of people who own the SPACs do not want to do a deal? Lewis: I think you're exactly right that when we were back in You know 2020 2021 SPACs were announcing deals and they were flying right. He says everyone was flocking to them hedge funds mutual funds. But that's all gone now, right? The median warrant right now trades at something like 12 cents for before they announced a deal 20 cents after they do," he said.

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