Finance is like poker: If you don’t know who sucker is, it’s you. That’s especially true of SP

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Finance is like poker: If you don’t know who sucker is, it’s you. That’s especially true of SPACs. In this week’s blockbuster deal, Churchill Cap agreed merger w/EV upstart Lucid at stonking valuation of $24bn. SPAC’s stock jumped on rumors, fell on facts h/t Holger Zschaepitz

Finance is like poker: If you don’t know who sucker is, it’s you. That’s especially true of SP

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