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SPACs resemble venture investments more than regular stocks

2 points| pranshum | 2 years ago |pranshum.yarn.tech

1 comment

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JumpCrisscross|2 years ago

This would be remotely tenable if the only graph in the article, essentially a histogram and seemingly the article’s purpose for being written, given the domain, also included distributions for other assets, including venture. (Venture isn’t the only fat-tailed asset.)