Pershing Square Tontine Holdings | PSTH.U | Bill Ackman's SPAC Stock IPO

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Pershing Square Tontine Holdings (NYSE: PSTH.U), run by billionaire hedge fund manager, Bill Ackman, just completed its SPAC IPO on July 22, 2020. This is the largest SPAC ever at $4 billion. SPAC stocks are special purpose acquisition companies. SPACs are also known as "blank check" companies since you don't know what company it's going to acquire/merge with. In this video, I discuss:

1. Bill Ackman
2. Why I bought shares of PSTH.U
3. What companies I think the SPAC should pursue as an acquisition (merger) target

#spacstocks #billackman #investing #investingforbeginners #stockmarket #stockstowatch #stockmarketforbeginners #stockmarketinvesting

I hope that you enjoyed this video. If you did, please leave me a comment below and share this with someone who would enjoy it.

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1. I'm not a financial advisor and this is not financial advice. This video is based on my opinion, provided "as-is", and for entertainment purposes only.
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