Closed-end fund arbitrage Closed-end fund arbitrage involves the simultaneous buying and selling of closed-end funds that are ideally...

Latest investor letter updates for 2Q23! We have been sharing insights on investor letters and returns since 2021: There is a lot to...

See our excel database of over 2,000 busted IPOs attached below and refer to our Discord to see our Podcast/Webcast on how to use this list to find companies trading below net cash, along with related ideas! We also include insights as to which sectors to avoid and how to factor in cash burn! The Discord related to this post will be recording at 7:30pm ET on 5/21/23.

The following is a shortened macroeconomic piece discussing inflation, tapering, rates, and the Federal Reserve. The full piece is available to subscribers at specialsitsresearch.com .

The following is an excerpt from the first page (1 of 6) from the SPAC Catalyst report before an 18% sell off in $JOBY shares on 9/3/21. We also discussed $LCID and $REE on spaces before 15-40% sell offs after S-1s went effective (PIPE unlocks).

In 2020, due to unprecedented easing by the U.S. Federal Reserve, SPAC IPO issuance absolutely skyrocketed. In 2020 alone, 248 SPAC IPOs raised $75.3 billion, more than regular IPOs raised ($61.9 billion)!

U.S. CPI expectations accelerated dramatically over the last 12 weeks and the impact on the U.S. treasury curve has been a shock to long duration assets. This issue is going to discuss the impact of inflation expectations and real rates on various asset classes, including global equities (stocks), real estate, and cryptocurrencies.