He has authored books on technical analysis and foreign exchange trading published by John Wiley and Sons and served as a guest expert on CNBC, BloombergTV, Forbes, and Reuters among other financial media.
Skylar Clarine is a fact-checker and expert in personal finance with a range of experience including veterinary technology and film studies.
What Is a Blind Pool?
A blind pool, also known as “blank check underwriting” or a “blank check offering,” is a direct participation program or limited partnership that lacks a stated investment goal for the funds that are raised from investors.
Key Takeaways
- Blind pools are investment vehicles that put very few restrictions on what and how they can invest and can be challenging to evaluate even for sophisticated investors.
- Blind pools, also known as “blank check underwriting” or a “blank check offering,” gained a poor reputation over time as some people abused the freedom to fleece investors. Continue reading “James Chen, CMT is an expert trader, investment adviser, and global market strategist”