Warning: just started investing. I don't know all that much. The popularity of spacs is because actual speculation being hard. I just do not know whether Unilev

Warning: just started investing. I don't know all that much. The popularity of spacs is because actual speculation being hard. I just do not know whether Unilever or another established company will make a bigger profit next year. Unless you have really specialized knowledge you don't know that and have little chance of predicting it. But I do know often exciting new companies go up in the months after it gets listed. Being on this forum for long taught me that much. So now that I have started investing, that's what I'm gambling on. Whether a company goes public through spac, direct listing or ipo doesn't matter so much. Spacs make it easier for me to get in early when things are still speculative, institutions haven't bought yet and not everything is already priced in. There are also many to choose from and of some it is already out what they will merge with. There are good resources to get a feel for the spac landscape. I hope this strategy will make me some money while putting my capital to work at the forefront of societal change. I'm liking spacs a lot more than established companies and large cap corps that I'd otherwise try to speculate on have also the downside that they are the reason monkeys beat the index: they don't return as much. So spacs it is.