Did we see a stock market "frenzy" on Special Purpose Acquisition Companies (SPACs) earlier this year? Some would argue that we witnessed a SPAC bubble in January this year. What is going to happen to the SPAC market now?
Tune in to our latest episode as we invited Julian Klymochko @julianklymochko, an institutional SPAC expert, to come talk to us about SPACs and merger arbitrage strategies.
Did you know Warren Buffett has previously used arbitrages as a diversified investment strategy during his early days of investing? We bet you didn't know that! Bio: Julian is the CEO and Chief Investment Officer of Accelerate. His investment firm, Accelerate, has launched the only SPAC ETF Fund listed on the Toronto Stock Exchange, known as Accelerate Arbitrage Fund (TSX:ARB).
Julian has been featured in Bloomberg, CNBC, Business Insider and The Globe and Mail. He is also the author of his book Reminiscences of a Hedge Fund Operator and host of the Absolute Return Podcast. In this new episode, we dive right into SPACs and the mechanics of his SPAC-focused arbitrage fund. We break down the opportunities and risks with these investment plays, not to mention, the current outlook and the recent SPAC “frenzy” earlier this year. Julian also shares his rationale on some of his investment “rules”. You don’t want to miss out on this financial knowledge. Listen to our latest podcast release now (link in bio).
Follow us on Instagram @mmarketgoliath