The rise and fall of SPACs — and other investing considerations

Special purpose acquisition companies, more commonly referred to as SPACs, have stormed Wall Street to great fanfare and criticism. Where did SPACs come from? What’s the difference between the good ones and bad? Where are they going? Peter Lewis, chairman and founder of Wharton Equity, offers his assessment, as well as what he considers the hottest property type in real estate. (06/2021)