What an 18th-Century Stock Market Bubble Can Teach Us About the SPAC Frenzy

Grab broke records with a $40 billion SPAC value. Is investing in blank-check companies a good idea?

Here you go, I’ll let you fill out the rest.

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)

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